Pix's massive success has triggered the fraudsters who always go where the action and money are congregating.
Fiserv's initiative in Argentina will make Pix available to Brazilians outside their home country for the first time.
As of May 2022, the PIX system had roughly 118 million users, 56% of Brazil's population.
The co-founder and head of Pix, Brazil's instant payment tool, talks about how the Central Bank was able to achieve a scale of around 130 million users in just two years.
The central bank of Brazil is gearing up to launch Pix Automatico, a form of direct debit through instant payment system Pix.
Companies served by EBANX can now offer consumers the ability to pay for online purchases with PIX directly through the checkout.
According to Belvo, the new product will function as a gate for users to initiate payments directly inside third-party apps.
As digital banking moves forward, Brazil's fintech sector will incur higher cybersecurity spending following greater risks.
I have said many times that Latin America is the hottest region for fintech on the planet. The digital banks...
Pix is a constantly-evolving product, with new features being recurringly rolled out. What is next for Pix this 2023?