Tag: Brazil
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Ebury launches a new cross-border payment solution for Brazil
Ebury, a global fintech company, has announced the launch of its latest cross-border payment solution tailored specifically for businesses targeting Brazil. The new solution aims to simplify international transactions and optimize the payment process for businesses operating in or trading with Brazil. With this new product, Ebury aims to address the challenges faced by companies…
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Brazil anticipated to become Ebury’s main market by revenue
Ebury, a leading global finance and banking solutions provider, has identified Brazil as a key market for its future growth. With its vast economy, rich natural resources, and a growing number of businesses entering the global arena, Brazil is poised to become Ebury’s main market by revenue. Over the past decade, Brazil has been experiencing…
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Clara launches a payment account in Brazil
Clara Launches a Payment Account in Brazil Clara, a leading fintech company, has officially launched its new payment account service in Brazil. This move marks an important milestone for Clara as it expands its innovative financial solutions beyond its current offerings. Brazil, with its rapidly growing economy and increasing demand for digital banking solutions, presents…
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OKX launches crypto exchange and Web3 wallet in Brazil
Brazil’s cryptocurrency market receives a significant boost as OKX, a leading global cryptocurrency exchange, announces the launch of its exchange platform and Web3 wallet in the country. OKX, renowned for its advanced trading features and robust security measures, is expanding its services to cater to the growing demand for cryptocurrencies in Brazil.…
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Zoop becomes a licenced payments institution in Brazil
Zoop Becomes a Licensed Payments Institution in Brazil Overview: Zoop, the innovative fintech company, has achieved a significant milestone by becoming a licensed payments institution in Brazil. This achievement not only strengthens their position in the Brazilian market but also enhances their ability to provide secure and seamless payment solutions to businesses across the country.…
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N26 to discontinue its operations in Brazil
Breaking news in the banking industry! N26, the popular digital bank, has announced its decision to discontinue its operations in Brazil. Important Notice: After careful consideration and evaluation of our market presence, N26 has made the difficult decision to withdraw from the Brazilian market. This decision was not made lightly, and it comes as part…
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Debate surrounds proposed Open Finance legislation in Brazil
The prospect of Open Finance has stirred immense debate within Brazil as proposed legislation aims to reshape the country’s financial landscape. Open Finance, which builds on the concept of Open Banking, is expected to allow consumers to share their financial data securely with authorized third-party providers for an enhanced range of …
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dLocal and inDrive bring cashless solution to Brazil
dLocal and inDrive are joining forces to introduce a revolutionary cashless solution to Brazil, aiming to transform the way people make payments in the country. This strategic partnership brings together two innovative companies that have made significant strides in enhancing payment experiences for consumers and businesses. Brazil, being one of the largest economies in the…
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Fiserv buys Brazil’s Skytef
In a significant move to expand its presence in Latin America, Fiserv, a global leader in financial technology solutions, has acquired Brazil’s leading payment processing technology provider, Skytef. This strategic acquisition marks Fiserv’s commitment to furthering its position as a dominant player in the region’s rapidly growing financial services industry. Brazil has emerged…
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Brazil rolls out blockchain-based digital ID
Brazil Rolls Out Blockchain-Based Digital ID In a landmark move, Brazil has officially introduced a blockchain-based digital identification system, revolutionizing its identity management infrastructure. The Brazilian government’s implementation of this cutting-edge technology aims to enhance security, reduce fraud, and simplify administrative procedures for its citizens. “The introduction of blockchain technology in our digital ID system…
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Tempo France and nTokens launch high-tech remittances to Brazil
Tempo France, a leading digital payment provider, has partnered with nTokens, a cutting-edge financial technology company, to introduce innovative remittance services to Brazil. This collaboration aims to revolutionize the way money is sent and received by leveraging advanced technologies. Ensuring secure and efficient cross-border transactions has always been a challenge for both remittance providers…