PIX

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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
Brazil’s Central Bank Head Says Pix Instant Payments Will Replace Credit Cards
Brazil’s Central Bank Head Says Pix Instant Payments Will Replace Credit Cards
August 12, 2022  |  Credit Cards

The chief of Brazil’s central bank believes the country’s open finance system will soon lead to the end of the use of credit cards. Speaking...

READ MORE >
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. As Reuters reported Friday...

READ MORE >
PYMNTS Intelligence: How Brazil Serves as a Payment Innovation Blueprint for Latin America
PYMNTS Intelligence: How Brazil Serves as a Payment Innovation Blueprint for Latin America
April 22, 2022  |  Latin America

Digital payments are becoming more popular all over the world, especially as the number of banked individuals continues to grow and digital banking becomes the...

READ MORE >