Fintech Finance

AUGUST 5, 2024

. (“Pay2All”), a licensed Payment Institution authorized by the Central Bank of Brazil. The Payment Institution license will enable Nuvei to offer comprehensive payment services in Brazil as an Issuer of Electronic Currency. Further strategic expansion in LATAM is scheduled to follow.

Payments Institute 97

Payments Institute Acquirers Central Bank Payments 97

Fintech Finance

FEBRUARY 5, 2025

Transfeera , a company from PayRetailers group specialising in financial solutions, has enhanced its Pix payment capabilities to support betting operators in Brazil as they adapt to new sports betting regulations that took effect on 1 January 2025. These tools streamline onboarding and prevent incorrect or fraudulent payments.

Regulations 73

Regulations Central Bank Account Validation Fraud Prevention 73

The Paypers

MAY 3, 2022

Singapore-based ecommerce platform Shopee has gotten authorisation from Brazil’s central bank to operate as a payment institution.

Payments Institute 76

Payments Institute Central Bank Payments 76

The Paypers

DECEMBER 9, 2022

Google Pay has received a license to operate as a payment institution in Brazil, allowing it to initiate payment transactions.

Payments Institute 69

Payments Institute Central Bank Payments Transactions 69

PYMNTS

DECEMBER 15, 2020

“Renminbi (yuan) cash is the most basic means of payment. PCoB also said that any business or individual refusing cash or instituting discriminatory anti-cash policies would be subject to investigation. The central bank suggested that anyone accepting payments of any kind should not exclude cash.

Central Bank 96

Central Bank Non-Bank Regulations Payments Institute 96

Fintech Finance

JUNE 25, 2024

The Retail Services Category II License enables Nuvei to offer its comprehensive suite of payments technology to businesses operating in the thriving UAE market, including direct local acquiring, payment aggregation services, and domestic and cross-border fund transfers.

Central Bank 90

Central Bank Security Cross-Border Acquirers 90

The Fintech Times

FEBRUARY 5, 2025

Transfeera , a PayRetailers company specialising in payment solutions for businesses, is enhancing its Pix payment capabilities to help betting operators in Brazil adapt to new sports betting regulations. The new rules mandate that payments be processed exclusively through bank accounts registered to individual bettors.

Compliance 59

Compliance Automation Rules Central Bank 59

Finextra

JANUARY 27, 2025

PagBrasil, a technology company focused on digital payments, has received authorization from the Central Bank of Brazil to operate as a Payment Institution (PI) in the electronic money issuer category.

Payments Institute 52

Payments Institute Central Bank Issuers Payments 52

The Paypers

JANUARY 28, 2025

Brazil-based PagBrasil has announced that it secured a Payment Institution (PI) licence from the Central Bank of Brazil , allowing the company to operate in the electronic money issuer category.

Central Bank 62

Central Bank Issuers Payments Institute Security 62

Finextra

AUGUST 5, 2024

Pay2All”), a licensed Payment Institution authorized by the Central Bank of Brazil. Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces that it has entered into a definitive agreement to acquire Pay2All Instituição de Pagamento Ltda.

Payments Institute 52

Payments Institute Acquirers Central Bank Agreements 52

The Fintech Times

JANUARY 17, 2025

Fintech regulations in Trkiye largely align with EU standards, with its Payment Law resembling the First Payment Services Directive (FPSD). However, Turkey has yet to fully adopt the Second Payment Services Directive. Additionally, Dream Games represents Trkiyes prowess in the gametech sector.

FinTech 59

FinTech Digital Payments Laws Credit Cards 59

PYMNTS

NOVEMBER 10, 2020

After gaining a new license to operate as a financial institution in Latin America's largest economy of Brazil, MercadoLibre will work on expanding its portfolio of credit offerings, a report from BNAmericas says. Mercado Pago has been authorized since 2018 by Brazil's central bank to act as a payment institution.

Central Bank 62

Central Bank Online and Mobile Banking Payments Institute Authorization 62

The Fintech Times

MARCH 18, 2025

At the time, PagBrasil had just launched two new services looking to make the major Brazilian payment method Pix, more accessible for Brazilians across the globe: International Pix and Pix Roaming. In July 2024, we got the opportunity to speak to the CEO and co-founder of the Brazilian paytech PagBrasil , Ralf Germer.

Online and Mobile Banking 64

Online and Mobile Banking Central Bank Cross-Border Instant Payments 64

Fintech Finance

FEBRUARY 2, 2024

Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced that it has obtained a Major Payment Institution (Major PI) licence from the Saudi Central Bank (SAMA) that will strengthen the acquirer’s foothold in the Kingdom.

Central Bank 52

Central Bank Payments Financial Inclusion Payment Networks 52

Fintech News

MAY 12, 2024

XREX Singapore, a blockchain-enabled financial institution specialising in cross-border payments, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS). The company plans to launch XREX Pay, a platform designed to facilitate B2B payments and remittance services.

Cross-Border 113

Cross-Border Cross-Border Payments Travel Rule Regulatory Compliance 113

Finextra

FEBRUARY 1, 2024

Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced that it has obtained a Major Payment Institution (Major PI) licence from the Saudi Central Bank (SAMA) that will strengthen the acquirer’s foothold in the Kingdom.

Central Bank 49

Central Bank Payments Institute Payments 49

Fintech Finance

AUGUST 12, 2024

Nium , the global leader in real-time cross-border payments, is strengthening its presence in Latin America by applying for essential licenses, joining key fintech associations, expanding its employee presence, and signing new customers. Nium has been present in the region dating back to 2017.

Real Time Payments 98

Real Time Payments Cross-Border Payments Cross-Border Central Bank 98

Finovate

JANUARY 17, 2025

Belvo and JP Morgan Partner to Enhance Recurring Payments in Mexico A strategic collaboration between Latin American open finance platform Belvo and J.P. Morgan Payments aims to automate and streamline the management of recurring payments via direct debit. Morgan Payments said. “This alliance with J.P.

Cross-Border 64

Cross-Border Cross-Border Payments Payments Acquirers 64

The Paypers

JULY 21, 2023

dLocal has been licensed as a payments institution by the central bank of Brazil, enabling it to offer a suite of financial services and take part in Pix.

Central Bank 36

Central Bank Payments Institute Payments 36

Finovate

JANUARY 10, 2025

The company will leverage the new capital to help accelerate the expansion of unified payment access in Asia. ” Founded in 2021, NomuPay offers state-of-the-art, unified payment solutions to help businesses scale in high-growth regions in Europe, Asia, and the Middle East. ’s FCA.

Innovation 64

Innovation Cross-Border Payments Payments Cross-Border 64

Finextra

JANUARY 30, 2025

AstroPay, a global leader in digital financial solutions, is redefining financial connectivity in Brazil with its strategic expansion and acquiring a coveted Payment Institution (PI) license issued by the Central Bank of Brazil.

Central Bank 64

Central Bank Security Payments Institute Payments 64

The Paypers

AUGUST 5, 2024

Nuvei has announced a definitive agreement to acquire Pay2All a payment institution licensed by the Central Bank of Brazil.

Payments Institute 36

Payments Institute Acquirers Central Bank Agreements 36

Fintech News

DECEMBER 13, 2023

Singaporean payment institution FOMO Pay and United Arab Emirates’ digital bank Zand have partnered to improve cross-border payment efficiency between Asia and the Middle East and North Africa (MENA) region. The company said that it is focused on building financial connections between Asia and global markets.

Cross-Border Payments 130

Cross-Border Payments Cross-Border Central Bank Gateways 130

The Paypers

APRIL 8, 2024

Payment processing solutions company PayRetailers has announced that it secured its approval from the Central Bank of Brazil (BC) to operate as a payment institution.

Central Bank 45

Central Bank Payments Institute Security Process 45

Fintech News

JUNE 11, 2024

money transmitter licenses, a Major Payment Institution License from the Monetary Authority of Singapore , and a Virtual Asset Service Provider registration with the Central Bank of Ireland. The stablecoin, along with XRP, will be integrated into Ripple’s payment solutions to serve enterprise customers globally.

Stablecoins 113

Stablecoins Acquirers Regulatory Compliance Central Bank 113

The Paypers

JULY 26, 2024

Zro Bank , a cryptocurrency payment company and IP4Y an issuer of electronic currency, have received authorisation from the Central Bank (BC) to become payment institutions.

Payments Institute 36

Payments Institute Central Bank Issuers Cryptocurrency 36

Fintech News

AUGUST 12, 2024

Global payments company Nium is enhancing its presence in Latin America, with a focus on expanding its operations in Brazil. The company has recently applied for a Payment Institution License in Brazil, which will allow it to offer payment services, including managing funds in BRL and facilitating real-time payments through the Pix system.

Cross-Border 109

Cross-Border Cross-Border Payments Correspondent Bank Real Time Payments 109

The Paypers

DECEMBER 16, 2022

Crypto.com has become the first cryptocurrency exchange to receive a Payment Institution Licence from the Central Bank of Brazil.

Payments Institute 36

Payments Institute Central Bank Cryptocurrency Payments 36

The Paypers

NOVEMBER 13, 2023

Brazil-based financial services company Zoop has become a licenced payments institution following an authorisation from the local Central Bank.

Payments Institute 36

Payments Institute Central Bank Payments 36

The Paypers

JANUARY 9, 2025

Paysafe , a global payments platform, has received approval from the Central Bank of Brazil (BCB) for a payment institution (PI) licence.

Central Bank 36

Central Bank Payments Institute Global Payments Payments 36

The Paypers

MARCH 7, 2025

The Central Bank of Brazil has announced a series of important security updates to the Pix Regulation, affecting financial and payment institutions.

Central Bank 36

Central Bank Security Transactions Payments Institute 36

PYMNTS

AUGUST 10, 2017

The People’s Bank of China (PBoC) has ordered all online payment companies to channel mobile payments through a new clearing house by next June, which could have an impact on the dominance of Ant Financial and Tencent. China is the world leader in mobile payments, with transaction volumes rising last year to Rmb59tn ($8.8tn).

Central Bank 40

Central Bank Online and Mobile Banking Request for Comment Mobile Payments 40

Fintech Finance

MAY 23, 2024

PayRetailers , one of the leading fintechs in payments in Latin America, announces the acquisition of Transfeera , a regulated payment institution in Brazil. Founded in 2017, Transfeera offers platform and technology solutions for payment processing and bank data validation.

Acquirers 59

Acquirers Central Bank Payments Institute Best Practices 59

Fintech Finance

FEBRUARY 18, 2025

In his dual role, Basil Bailey will oversee the commercial and regulatory functions of TrueLayer Ireland, which holds a European Payments Institution (PI) license and is regulated by the Central Bank of Ireland. Basil brings a wealth of leadership experience within the payments industry.

Acquirers 96

Acquirers Central Bank PayPal Regulations 96

Segpay

SEPTEMBER 5, 2024

American Banker nominated her as one of the Most Influential Women in Payments this year. Based in South Florida, the payment company has expanded its footprint with headquarters in Ireland (EU) and England (UK). Segpay increased its payment facilitator volume by 17% over the last six months of 2023.

Verification 98

Verification Online and Mobile Banking Payments Privacy 98

The Fintech Times

APRIL 15, 2025

Alex Vollbrechthausen, investor and chairman of the board at FitBank FitBank, a conglomerate with technology and regulated entities in Brazil, Mexico and Central America, was founded in 2015 with a vision to transform the digital payments space, recognising the growing demand for efficiency through cutting-edge technology.

Embedded Finance 59

Embedded Finance Finance Non-Bank Financial Inclusion 59

The Fintech Times

AUGUST 5, 2024

(Pay2All), a licensed payment institution authorised by the Central Bank of Brazil. The acquisition will allow Nuvei to offer payment services in Brazil as an issuer of electronic currency, gaining Pay2All’s payment licence.

Payments Institute 59

Payments Institute Central Bank Acquirers Issuers 59