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Global

Cybersource and Ebanx Partner in Brazil for Global E-commerce Merchants

“Cybersource, a Visa solution, and Ebanx, global payments fintech company that specializes in Latin America, announced a new partnership for payments in Brazil. From now on, Cybersource’s clients around the world will be able to access EBANX’s payment solutions for Brazil, and offer their customers in the country the ability to pay online for products […]
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Global

Most Brazilians Hesitate to Share Data Under Open Banking, Study Finds | ZDNet

“According to a new study, the majority of Brazilian consumers still feel uncertain about sharing their banking data in exchange for better deals and benefits such as personalized offers under the open banking model. Open banking — a practice that allows third party financial services firms to access consumer banking, transactional and other data from […]
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Global

Central Bank Postpones Open Banking Governance Definition to 2022

“The Central Bank (BC) postponed to June of 2022 the deadline for open banking participants to define their definitive governance structure. The announcement was made on Wednesday (6). The initial deadline was the 25th of this month, and the extension, according to the autarchy, was due to changes in the schedule of the initial phases of open […]
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Global

Brazil Postpones Third Phase of Open Banking Roll-out | ZDNet

“The roll-out of the Open Banking in Brazil has been postponed as the third phase of the initiative, due to start today (30) shifted to October 2021. Open Banking – a practice that allows third party financial services firms to access consumer banking, transactional and other data from through, and other data with their consent […]
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Global

Customer Data Sharing Under Open Banking Commences in Brazil | ZDNet

“One of the most important phases of the Brazilian open banking project, which involves the sharing of customer registration and transactional data, has gone live today (13), enabling consumers to request their financial information is shared with other institutions. The open banking initiative, introduced by the Central Bank of Brazil in early 2019 , aims […]
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Deals

EXCLUSIVE Visa-backed Payments Firm Conductor Readies U.S. IPO – Sources

“Brazilian payments firm Conductor has hired banks for an initial public offering in the United States that could come as early as this year, as Latin America’s financial sector is enlivened by the arrival of several newcomers, three sources familiar with the matter said. Conductor, which is backed by venture capital firm Riverwood Capital and […]