Tokenized Deposits Could Erode Bank Stability and Raise US Borrowing Costs, Fed Economists Warn — BigGo Finance
The push to modernize the US banking system with blockchain technology could have an unintended consequence: making it…
UnionPay to plug Chinese payment apps into Brazil’s Pix after US tariffs over the system
China’s UnionPay International plans to connect Chinese payment apps to Pix, the Brazilian payment system at the centre…
Trump’s tariff war pushes Brazil’s trade towards China as US share hits record low
The US share of Brazilian exports fell to its lowest level since 1997 in the first half of…
Brazil breaks up China-linked US$190m money-laundering ring tied to top crime syndicate
Brazilian prosecutors and police launched an extensive crackdown on a Chinese electronics distribution network accused of laundering more…
B2B Payments Make the Leap to Real Time in Latin America
Digital payments in Latin America are transforming commercial transactions, as faster payment rails originally designed to broaden consumer access…
Why are the US envious of Pix? Instant payments, zero cost, and record adoption challenge the American banking model, surpass cards, and attract attention even from the IMF and BRICS
The instant payment system created by the Central Bank has transformed the use of money in Brazil and…