PYMNTS-MonitorEdge-May-2024

PIX

Brazil’s Click-and-Mortar™ Shoppers Underpin Pix and Instant Payments Growth
Brazil’s Click-and-Mortar™ Shoppers Underpin Pix and Instant Payments Growth
April 19, 2024  |  Retail

The rise of the Click-and-Mortar™ shopper in Brazil may give some tailwind to the use of Pix, the instant payment system that became operational in...

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Report: Brazil Central Bank President Roberto Campos Neto Aims to Form FinTech
Report: Brazil Central Bank President Roberto Campos Neto Aims to Form FinTech
March 14, 2024  |  Digital Banking

Roberto Campos Neto, the president of Brazil’s central bank, is reportedly planning to establish a FinTech firm in Miami following the conclusion of his term in...

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Brazil’s Central Bank Promotes Pix as Cross-Border Payment Solution
Brazil’s Central Bank Promotes Pix as Cross-Border Payment Solution
February 27, 2024  |  Cross-border Payments

Brazil’s central bank is reportedly looking to take the country’s instant-payment system, Pix, to the global stage. With policymakers from the Group of 20 nations...

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Matera Acquires Cinnecta to Combine AI and Instant Payments
Matera Acquires Cinnecta to Combine AI and Instant Payments
August 15, 2023  |  Acquisitions

Brazilian payments FinTech Matera has acquired artificial intelligence (AI)-powered customer retention firm Cinnecta. “By aligning forces, Matera and Cinnecta will enable clients to enhance their...

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Marqeta Expands Into Brazil With Fitbank Partnership
Marqeta Expands Into Brazil With Fitbank Partnership
July 11, 2023  |  Partnerships

Card issuer Marqeta is entering Latin America’s largest FinTech market with its expansion into Brazil. That expansion is happening via a partnership with Latin American banking-as-a-service (BaaS) platform Fitbank and...

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PayRetailers Integrates Brazil’s PIX Into All-in-One Payment Platform
PayRetailers Integrates Brazil’s PIX Into All-in-One Payment Platform
June 27, 2023  |  Real-Time Payments

PayRetailers has integrated PIX into its all-in-one payment platform. With the integration of this real-time payment system of Brazil, PayRetailers can help international businesses offer this...

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Belvo Acquires Skilopay to Add Pix Payment Services in Brazil
Belvo Acquires Skilopay to Add Pix Payment Services in Brazil
April 25, 2023  |  Acquisitions

Belvo has acquired Skilopay to expand its payment product offering in Brazil. With the purchase, Skilopay’s payment services through Pix will be added to Belvo’s...

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LatAm’s Booming Digital Economy Gets Lift From New Payments Models
LatAm’s Booming Digital Economy Gets Lift From New Payments Models
December 02, 2022  |  Payment Methods

Sometimes coming late to the game has advantages. Latin America provides an ideal use case. As applied to payments, Michael Bilotta, global head of digital...

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Brazil’s Bolsonaro Takes Credit for Pix Payment System Amid Election
Brazil’s Bolsonaro Takes Credit for Pix Payment System Amid Election
September 02, 2022  |  International

Brazil’s Pix instant payment system has become a central issue in that country’s upcoming presidential election. President Jair Bolsonaro is using the system — launched...

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