USDC Integrates With Real-Time Payment Systems of Mexico and Brazil
Circle has partnered with leading banks in Mexico and Brazil to integrate its stablecoin, USDC, into the national real-time payment systems of these two countries.
Brazil
Brazil Tries to Calm Investors
In Brazil, the local economic team is going into damage control mode to reassure investors and ensure that the country’s government is complying with fiscal rules, even as President Luiz Inacio Lula da Silva is pushing for a decision to increase social spending.
Brazil Blocks X
In Brazil, a panel of federal supreme court justices voted unanimously to uphold an order suspending the operation of social media platform X, formerly known as Twitter and owned by Elon Musk, in the country.
X Closes Its Operations in Brazil
The social media platform X, formerly known as Twitter, announced the immediate termination of its operations in Brazil, one of the largest media markets in Latin America.
Brazil’s Central Bank Delays Launch of Recurring Payments Feature
The Central Bank of Brazil has decided to postpone the launch of the recurring payments feature to be added to the instant payment transaction system called Pix.
Pismo Activates Ledger Update
Pismo, a global cloud-native provider of core banking services and bank card processing, has announced that a significant upgrade has been made to its authorization engine.
Brazil’s Instant-Payment System Pix Expands Activity
The Brazilian instant payment system Pix may start operating globally in the foreseeable future.
Brazil Stark Bank Doubles Profit
Stark Bank, one of the few startups from Latin America that received funding from Jeff Bezos’ family office, is currently recording profits as part of its activities to assist companies in handling payment transactions.
Nubank Approaches $1 Billion in Revenue
Brazilian neobank Nubank is confident that it will be able to become the largest financial services company in Latin America.
The safest place to live in Brazil
Brazil, a captivating country located in the vast continent of South America, is widely acclaimed for its breathtaking and awe-inspiring landscapes.
Itau Unibanco Offers Bitcoin Trading
Largest private lender in Brazil Itau Unibanco enters the crypto arena with bitcoin trading service.
N26 Leaves Brazil
The decision of N26 to wind up operations in Brazil underscores its strategy to focus on its core European markets
DLocal Brings Cashless Solution to inDrive Brazil
A mobility and urban services platform inDrive has chosen dLocal as its provider for the new cashless solution in Brazil.
Nubank Customer Base in Latin America Surpasses 90 Million
Brazilian challenger Nubank has surpassed 90 million customers in Latin America across its operations in Brazil, Colombia, and Mexico.
Instant Payments Play Key Role in Cash Decline: McKinsey
Cash usage declined by nearly 4% globally in 2022, with new developments in instant payments and digital wallets driving cash displacement in certain geographies.
Praso Acquires Floki’s IP
The Brazilian company Praso, which provides a distribution platform for small retailers, announced the raising of $9.3 million in investment funds and announced the acquisition of the intellectual property of Floki, a brand that uses AI to automate purchases in small bars and restaurants.
© 2024 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.