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Brazil Negotiates Connecting Instant Payment System to European Platform

Brazil's Central Bank is negotiating to connect Pix, the country's instant financial transfer system, to TIPS, a similar platform used in Europe. The talks are at a preliminary stage, but they are already included in the ECB's (European Central Bank) work schedule. An ECB document obtained by Folha says studies for the connection are in the pre-investigation phase, with legal, technical, security…

We haven't written up this one. Folha de S.Paulo (English) has the full story — the link below goes straight to it.

Read the original at redir.folha.com.br →

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