Fintech Finance

AUGUST 5, 2024

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. (“Pay2All”), a licensed Payment Institution authorized by the Central Bank of Brazil.

Payments Institute 97

Payments Institute Acquirers Central Bank Payments 97

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

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.

Regulations 72

Regulations Central Bank Account Validation Fraud Prevention 72

PYMNTS

DECEMBER 15, 2020

“The innovation of consumption and payment methods should be conducive to. The central bank suggested that anyone accepting payments of any kind should not exclude cash. Non-bank payment institutions must not promote the concept of cashless or discriminatory means of cash payment in any forms,” the bank said.

Central Bank 96

Central Bank Non-Bank Regulations Payments Institute 96

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

Fintech Finance

JUNE 25, 2024

Expanding our global licenses portfolio has been a key focus in this regard, and we can now offer the full power of our payment platform to support the growth aspirations of businesses operating in the UAE.” The post Nuvei Secures Retail Services Category II License From the Central Bank of the UAE appeared first on Fintech Finance.

Central Bank 90

Central Bank Security Cross-Border Acquirers 90

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

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

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

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

FEBRUARY 5, 2025

The new rules mandate that payments be processed exclusively through bank accounts registered to individual bettors. Pix, managed by the Central Bank of Brazil , has had a huge impact on digital transactions across the country, with over 170 million users and 90 per cent of Brazils adult population relying on the system.

Compliance 59

Compliance Automation Rules Central Bank 59

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

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 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

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

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

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

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).

Cross-Border 111

Cross-Border Cross-Border Payments Travel Rule Regulatory Compliance 111

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. Ripple now has nearly 40 U.S.

Stablecoins 111

Stablecoins Acquirers Regulatory Compliance Central Bank 111

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

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 128

Cross-Border Payments Cross-Border Gateways Central Bank 128

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

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. In 2020, the Central Bank of Brazil launched Pix, a real-time payment system that has rapidly become a key model in the region.

Real Time Payments 98

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

The Fintech Times

JANUARY 17, 2025

Image Source: The Fintech Times Timeline of Key fintech milestones 2006 – Bank cards and credit card law by Banking Regulation and Supervision Agency (BRSA) 2013 – Payment and Securities Settlement Systems, Payment Service and Electronic Money Institutions Law No 6493 went into effect by both BRSA and Central Bank of Republic of Turkiye (..)

FinTech 59

FinTech Digital Payments Laws Credit Cards 59

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

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 107

Cross-Border Cross-Border Payments Correspondent Bank Real Time Payments 107

PYMNTS

AUGUST 10, 2017

“The launch of this clearing house is a one-sided loss for the payment institutions. Originally, payment data were proprietary information for them. The analyst believes that the central bank wants to help commercial banks obtain customer data, as well as prevent Alipay and Tencent from gaining excessive market power.

Central Bank 40

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

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

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.

Acquirers 59

Acquirers Central Bank Payments Institute Best Practices 59

Finextra

JANUARY 7, 2025

Paysafe (NYSE: PSFE), a global payments platform, today announced that it has received approval from the Central Bank of Brazil (BCB) for a payment institution (PI) license for the countrys launch of its regulated online sports-betting and gambling market.

Central Bank 52

Central Bank Security Payments Institute Global Payments 52

Fintech Finance

FEBRUARY 18, 2025

TrueLayer, the UKs largest Pay by Bank network, has announced the appointment of Basil Bailey as the CEO of TrueLayer Ireland and General Manager of TrueLayers European business. He will also manage TrueLayers European operations. Additionally, Basil has been appointed as an Executive Director of the TrueLayer Ireland board.

Acquirers 96

Acquirers Central Bank PayPal Regulations 96

The Paypers

FEBRUARY 24, 2025

Claro , a telecommunications provider, has been granted authorisation by the Central Bank of Brazil to function as a regulated Payment Institution.

Central Bank 41

Central Bank Payments Institute Regulations Payments 41

Finovate

JANUARY 17, 2025

Airwallex Acquires MexPago as Part of Latin American Expansion Speaking of acquisitions in Mexican fintech and financial services, global financial platform Airwallex has finalized its acquisition of Mexico-based payment service provider MexPago, a licensed Institution of Electronic Payment Funds (IFPE).

Cross-Border 64

Cross-Border Cross-Border Payments Payments Acquirers 64

Finovate

JANUARY 10, 2025

Latin American cross-border payments platform dLocal secured an authorized payment institution license from the U.K.’s Thailand announced a pilot project to test crypto payments for tourists visiting Phuket. HyperPay received a digital payment services license from the Saudi Central Bank (SAMA).

Innovation 64

Innovation Cross-Border Payments Payments Cross-Border 64

The Fintech Times

FEBRUARY 20, 2025

TrueLayer , a UK Pay by Bank network, appoints Basil Bailey as the CEO of TrueLayer Ireland and General Manager of TrueLayers European business.In his dual role, Bailey will oversee the commercial and regulatory functions of TrueLayer Ireland, which holds a European Payments Institution licence and is regulated by the Central Bank of Ireland.

FinTech 64

FinTech Cross-Border Payments Disaster Recovery Cross-Border 64