Central Bank Correspondent Bank Payments Institute 
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.
Fintech Finance
AUGUST 12, 2024
This continued expansion is a step towards Nium’s commitment to revolutionizing the global payments landscape in this strategic region. BS2 also joined Nium’s network of partner banks, acting as Nium´s Brazilian Real (BRL) Correspondent Bank and assisting real-time payment settlement for cross-border Pix transfers.
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The Fintech Times
AUGUST 13, 2024
Nium , the global real-time cross-border payments provider, is looking to strengthen its presence in Latin America by applying for new payment licenses, joining fintech associations, growing its team, and signing new customers.
The Fintech Times
NOVEMBER 5, 2024
Wise , the fintech focused on money transfer, has been granted direct access to the Philippines’ real-time payment system, InstaPay, enabling it to enhance the cross-border payment experience for around 13 million of its customers.
PYMNTS
AUGUST 2, 2019
As a result, the central bank curbed the number of dollars in circulation in an effort to staunch inflation. When the local banks did not have as many dollars in reserve (because they get dollars from the central bank), Nigerian firms were unable to swap currencies to pay suppliers. as a middleman to transact.
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