Banco do Brasil - News, Articles & Research

Chainlink consortium to test trade finance app using Brazil's digital Real

Microsoft Brazil, 7COMm and Chainlink are to work with Banco Inter on a trade finance application as part of the second phase of the central bank's trials of its digital currency, Drex.

21 November 2024

Company announcement/payments

HKMA partners with central banks in Thailand and Brazil on cross-border tokenization initiatives

The Hong Kong Monetary Authority (HKMA) announced its collaboration with the Bank of Thailand (BOT) to explore cross-border tokenisation use cases under Project Ensemble and Project San.

28 October 2024

News/crypto

Banco do Brasil selects G+D to test offline payments for CBDC

Banco do Brasil is to work with German firm Giesecke+Devrient (G+D) to test offline payments as part of pilot trials of its central banking digital currency, Drex.

12 March 2024

News/payments

Brazil launches instant payments platform; expects WhatsApp to return soon

Brazil's central bank has introduced its PIX instant payments platform and hinted that WhatsApp will soon get the greenlight to relaunch its own P2P payments service in the country.

16 November 2020

Company announcement/regulation

Banco do Brasil London deploys CloudMargin

CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, today announced that Banco do Brasil in London, a branch of one of Latin America’s largest banks, has deployed the CloudMargin platform for its global collateral processing.

07 March 2019

News

Banco do Brasil sets up shop in Silicon Valley

Banco do Brasil (BB) has opened a lab in Silicon Valley as it seeks to build connections with the American fintech scene.

10 November 2016

News

Bank robbers wrap themselves in tin foil to trick alarm system...forget about CCTV

A pair of Brazilian bank robbers have been caught on CCTV trying to fool a Banco Do Brasil branch's alarm sensors by wrapping themselves in aluminium foil.

11 April 2016

Company announcement

Brazilian banks enlist LexisNexis Risk Solutions for new credit bureau

LexisNexis Risk Solutions, part of RELX Group, announced today it has been chosen by FEBRABAN, the Brazilian banking industry’s main federation, and Brazil’s top five banks to provide technical services for a new credit intelligence bureau that will modernise the current Brazilian credit risk information ecosystem.

21 January 2016

Company announcement

Discover strikes network services agreement with Brazil's Elo

Discover Financial Services and Elo, the largest Brazilian credit card brand, today announced a strategic agreement that will allow acceptance of Elo Global Cards for international purchases and cash access outside of Brazil on the Discover Global Network, which includes Discover Network, Diners Club International and the PULSE network.

20 August 2015

News

Visa and MasterCard report strong bank uptake for HCE-based mobile payments

Banco do Brazil, PNC Bank and US Bank are set to join the growing band of finacial services firms working with Visa to offer their customers HCE-based contactless mobile payments.

27 February 2015

News

Banco do Brasil taps Earthport for multi-currency pre-paid card transfers

Earthport has extended its funds transfer network into the pre-paid card market through a deployment at Banco do Brasil.

15 October 2014

News

Bank IT worker finds naked photo of senior manager on work laptop

Bank IT staffer Claudio Pallone found a sexually explicit photograph on a work laptop of a naked senior manager posing in front of a mirror, an employment tribunal has heard.

13 November 2013