brazil

Central Bank Chief: Brazil’s Banks Do Not Lose Money With Pix

Central Bank Chief: Brazil’s Banks Do Not Lose Money With Pix
Central Bank Chief: Brazil’s Banks Do Not Lose Money With Pix
August 12, 2022  |  Digital Payments

The head of Brazil’s central bank is refuting the idea that banks lose money with the country’s Pix instant payment system. Get the Full Story...

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Brazil Asks WhatsApp to Delay ‘Communities’ Launch
Brazil Asks WhatsApp to Delay ‘Communities’ Launch
July 29, 2022  |  Legal & Regulation

Citing concerns about the spread of misinformation in their country’s upcoming election, Brazilian prosecutors are asking messaging platform WhatsApp to hold off on the debut...

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Brazilian Bank Itaú to Debut Asset Tokenization Platform, Crypto Custody Services
Brazilian Bank Itaú to Debut Asset Tokenization Platform, Crypto Custody Services
July 14, 2022  |  Cryptocurrency

The largest private bank in Brazil, Itaú Unibanco, has announced plans to roll out a new asset tokenization platform, which will turn regular finance products...

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Creditas Raises $200M, Buys Brazilian Bank
Creditas Raises $200M, Buys Brazilian Bank
July 08, 2022  |  Investments

Brazilian lender Creditas is raising $200 million and buying a bank and a mortgage startup in a move to bolster profitability, according to a Friday...

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47% of Brazilian Consumers Shop With a Smartphone In-Store
47% of Brazilian Consumers Shop With a Smartphone In-Store
June 21, 2022  |  Retail

Mobile commerce is at the center of the Brazilian eCommerce market. As a result, merchants must orient their digital innovation efforts around their customers’ demands...

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‘Survival of the Fittest’: Nubank Hunts M&A LatAm FinTech Bargains
‘Survival of the Fittest’: Nubank Hunts M&A LatAm FinTech Bargains
June 21, 2022  |  Banking

Digital bank Nubank is on the hunt for FinTech bargains in Latin America as venture capital money dries up amid rising interest rates and tighter...

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Two-Thirds of Brazilians Used Smartphones During Last Retail Purchase
Two-Thirds of Brazilians Used Smartphones During Last Retail Purchase
June 16, 2022  |  Shopping

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OSF Digital Buys Brazilian B2B eCommerce Company Kolekto
OSF Digital Buys Brazilian B2B eCommerce Company Kolekto
June 14, 2022  |  Partnerships

OSF Digital of Quebec City, Canada, on Tuesday (June 14) announced it has purchased Kolekto, a Brazilian digital commerce company that operates in the business-to-business...

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