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🐘 India🇮🇳: The Central Bank enhances the security of cross-border payments with cards, introducing an additional authentication factor (AFA) Paid Members Public
🐘 India🇮🇳: The Central Bank enhances the security of cross-border payments with cards, introducing an additional authentication factor (AFA) The Reserve Bank of India has implemented new security measures for international card payments due to the rise in fraudulent cases. ➡️ Requirements: 🔹 International digital transactions with cards issued in India must meet
🙈 Singapore🇸🇬: Banks lose customers due to ineffective KYC Paid Members Public
🙈 Singapore🇸🇬: Banks lose customers due to ineffective KYC At 90% of banks in Singapore, potential customers leave before completing the "Know Your Customer" (KYC) process. ➡️ Causes: In 2024, stricter anti-money laundering (AML) regulations came into effect, complicating verification processes. As a result: 🔹 79% of banking executives cite manual
💰 EBANX🇧🇷 expands to Uruguay🇺🇾: Brazilian fintech obtains payment provider license Paid Members Public
💰 EBANX🇧🇷 expands to Uruguay🇺🇾: Brazilian fintech obtains payment provider license It is now officially registered with the Central Bank of Uruguay as a "Payment and Collection Service Provider" (PSPC). ▶️ EBANX specializes in opening correspondent accounts and operates in 15 Latin American countries, 3 in Africa, and now also
🎉 Argentina🇦🇷: Mercado Libre allows Brazilian tourists🇧🇷 to pay with #PIX Paid Members Public
🎉 Argentina🇦🇷: Mercado Libre allows Brazilian tourists🇧🇷 to pay with #PIX This summer, stores in Argentina equipped with Brazilian rapid payment system PIX terminals will enable Brazilian tourists to use their usual payment method. 🟢 Convenient for tourists: No need to search for exchange houses anymore. 🟢 Advantage for merchants: Businesses will also
👀 Brazil🇧🇷: What to expect from the gambling industry in 2025❓ Paid Members Public
👀 Brazil🇧🇷: What to expect from the gambling industry in 2025❓ ➡️ Tax reform underway: The main focus is the unification of five taxes currently collected in the country (ICMS, ISS, IPI, PIS, and Cofins), leading to the creation of a double VAT system with two collection fronts (the federal CBS and
🕊 Another update in Brazil🇧🇷: Pix integrates with WhatsApp Paid Members Public
🕊 Another update in Brazil🇧🇷: Pix integrates with WhatsApp WhatsApp is testing a new feature to improve #Pix privacy. ➡️ The new option allows users to manage the visibility of their Pix keys directly from their profiles, with the following available options: 🟢Visible to everyone. 🟢Restricted to saved contacts. 🟢Exclude specific contacts.
🎉 Brazil🇧🇷❗️Transfeera expands its #Pix solution to support betting operators Paid Members Public
🎉 Brazil🇧🇷❗️Transfeera expands its #Pix solution to support betting operators The Brazilian company Transfeera, specializing in automating interbank financial processes, will now assist betting operators in complying with new regulatory requirements set to take effect on January 1, 2025. Pix, the country’s instant payment system, has over 170 million
⚡️ India🇮🇳: fintech platform CRED launches INR Wallet (in digital rupees) in partnership with the Central Bank Paid Members Public
⚡️ India🇮🇳: fintech platform CRED launches INR Wallet (in digital rupees) in partnership with the Central Bank This is a beta version that allows CRED users to make payments to bank accounts linked to the unified payments interface UPI. It's important to note that, to date, the RBI'