Giuliana Cestaro

Happy to help and to be part of it! Nuvei today announced entering into a definitive agreement to acquire Pay2All, a licensed Payment Institution authorized by the Central Bank of Brazil. #Nuvei #OpenBanking #Payments #DigitalCommerce #NuveiExperts #TeamNuvei #peoplefirst #greatplacetowork #eCommerce #Payments #compliance #banking #complianceofficer #ethics #bacen #coaf #fiu #sar #cdd #kyc #onboarding #fintech #openfinance #ethicsandcompliance #kys #kye #ethics #risk #riskmanagement #operationalrisk #payments #pagos #cumplimiento #internalcontrols #baas #caas #gafi #fatf #vasps #FRAML #PEP #PPE #crypto #CDC #event #blockchain #latinamerica #thankyou #cryptoasaservice #hash #token #nft #crime #money #bank #banking #tbt #americas #bacen #bancocentral #monitoring #monitoramento #development #teaching #law #cvm #anbima #opencompliance #overcompliance #bsm #bet #pqo #gaming #gambling Read the full release here ⬇️

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The Rapid Growth of Pix in Brazil: A Financial Revolution In a remarkably short span of time, Pix, Brazil’s instant payment system, has revolutionized the way people transfer money and make payments. Launched by the Central Bank of Brazil in November 2020, Pix has experienced rapid adoption across the country, quickly becoming a dominant force in the Brazilian payments landscape. What is Pix? Pix is a digital payment system that allows individuals, businesses, and government entities to make and receive payments in real-time, 24/7, using a mobile device or a computer. Unprecedented Adoption Rates The growth of Pix has been nothing short of extraordinary. Within just a few months of its launch, millions of Brazilians began using Pix for everyday transactions. By mid-2023, over 142 million people—more than 65% of the country's population—had registered for Pix, according to the Central Bank of Brazil.

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This is true innovation from a digital only bank.

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🚨🆕 Activate recurrent payment collection via "PIX RECORRENTE by PayMee”! 🆕🚨 A Recent resolution from Brazilian Central Bank (BCB#402) postponed the implementation of "PIX_Automático" to June 16, 2025. However, you can activate "Pix_Recurrent by PayMee" to your company today! We are anticipating the availability of most of the features that will be available through “Pix Automático” by 11 months. With PayMee's Recurrent Pix, just one consent/authorization is enough to turn all recurrences into automatic collection schedulings. More conversion for your commerce, more convenience for your consumer and significant relief in the operational burden of your business. The new feature uses the “payment initiator” functionality in the “Open Finance” standard and also the “Arranjo Pix” attributes. Innovate with PayMee! #recurrent #pix #pixRecurrent #ecommerce #retail PayMee Instituição de Pagamento ( #IP_Licensee )

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Web Summit Rio 2024 is about to start! Stop by JP Morgan's booth E343 in Pavillon 3 and let us help you rethink what payments can do for you. #WebSummitRio #JPMorganWebSummitRio #jpmorgan #payments

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Pix, the payment method created by Banco Central do Brasil, has already established itself as the leading payment option in Brazil. But that's just the beginning! By incorporating key features from other #payment options, Pix continues to position itself as the most modern and cost-effective payment method available. In its upcoming phase, Pix introduces use cases similar to those offered by credit card tokenization. The new Pix Automatic functionality is set to revolutionize the recurring payment industry, simultaneously reducing costs and risks for subscription clubs and streaming platforms. #Pix #paymentmethod #Brazil #innovation #subscriptionclubs #streamingplatforms https://lnkd.in/d23beb6i

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Here's the story of Sicredi, a Brazilian credit union that made the transition from old established development systems to a platform engineering approach that continues to transform its operations for its employees and customers. Sicredi moved to platform engineering so it could meet the demands from customers for new fintech features that customers wanted to use. By upping its software development game big time, Sicredi met the demand and is driving innovations for its customers and employees. Read all about it in my latest story for The New Stack. https://lnkd.in/eVGmusfw

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It took me years to realize: Customers will love you fanatically when you turn challenges into opportunities. Today, at George UX, I had the pleasure of attending a session where César Wedemann, Product Director & General Manager, and Ellen Kiss, Design Director at Nubank, shared how they bring their company values to life. Here are 3 ways Nubank embodies its values: 1. Nudog Initiative 🐶: ↳ Nubank noticed many customers requesting replacement cards because their dogs were chewing them up! Instead of just sending new cards, they launched “Nudog,” providing dog-friendly chew toys resembling their cards. This creative solution turned a common issue into a delightful customer experience. 2. Street Mode (Modo Rua) 🏙️: ↳ Recognizing that security needs vary by location, Nubank introduced “Street Mode” in their app. It offers full access in trusted areas and restricts certain features in less secure locations. This adaptive approach smartly balances security and convenience, keeping users protected without hindering usability. 3. Unified Accounts 💰: ↳ Breaking away from traditional banking norms, Nubank unified checking and savings accounts. This innovation simplified financial management for users, providing a seamless experience. Starting in Brazil and expanding to Mexico and Colombia, this move redefined banking by enhancing transparency and trust. Values embedded in product design directly impact user experience. I wholeheartedly agree with this approach to product development. Turning challenges into opportunities and embedding company values into product design is essential for creating meaningful customer experiences. How do your company values shape your product and design principles?

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𝐇𝐞𝐥𝐥𝐨 𝐞𝐯𝐞𝐫𝐲𝐨𝐧𝐞! 👋 𝐈 𝐚𝐦 𝐬𝐡𝐚𝐫𝐢𝐧𝐠 𝐦𝐲 𝐭𝐨𝐩 𝐧𝐞𝐰𝐬 𝐨𝐧 𝐄𝐒𝐆, 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐈𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐬, 𝐚𝐧𝐝 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲! 𝐄𝐧𝐣𝐨𝐲!🌍🏦🌱 1️⃣𝐆𝐥𝐨𝐛𝐚𝐥 𝐔𝐧𝐢𝐭𝐲 𝐀𝐢𝐝𝐬 𝐁𝐫𝐚𝐳𝐢𝐥'𝐬 𝐑𝐞𝐜𝐨𝐯𝐞𝐫𝐲 🌍The WFCU and the WOCCU launched a relief fund of $15,000 for Brazilian credit unions affected by severe flooding in Rio Grande do Sul, which impacted over 150,000 people and damaging 38 branches of Sicredi, Brazil's largest credit union network. WOCCU (13 May, 2024) 2️⃣𝐋𝐚𝐭𝐢𝐧 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐂𝐚𝐫𝐢𝐛𝐛𝐞𝐚𝐧: 𝐌𝐚𝐣𝐨𝐫 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐖𝐚𝐭𝐞𝐫 𝐒𝐚𝐧𝐢𝐭𝐚𝐭𝐢𝐨𝐧 💧Finance ministers from Latin America and the Caribbean met with the Inter-American Development Bank, UNICEF, and the Sanitation and Water for All partnership to address inadequate sanitation for 450 million people and irregular water services for 200 million. The initiative aims to create 3.4 million green jobs annually by boosting public finance, leveraging development banks, and attracting private capital to improve water and sanitation, essential for public health and economic growth. UNICEF (19 Apr, 2024) 3️⃣𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐁𝐚𝐧𝐤 𝐨𝐟 𝐋𝐚𝐭𝐢𝐧 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐂𝐚𝐫𝐢𝐛𝐛𝐞𝐚𝐧 𝐄𝐱𝐩𝐚𝐧𝐝𝐬 𝐂𝐚𝐫𝐢𝐛𝐛𝐞𝐚𝐧 𝐌𝐞𝐦𝐛𝐞𝐫 𝐁𝐚𝐬𝐞 🌴📈CAF has expanded to include Bahamas, Dominica, and Grenada as members, doubling its Caribbean representation. This expansion is part of a broader initiative to support regional development, focusing on sectors like clean energy and sustainable tourism through new funding facilities for economic and social progress. CAF (17 Apr, 2024) 4️⃣𝐉𝐮𝐝𝐠𝐞 𝐇𝐚𝐥𝐭𝐬 𝐂𝐫𝐞𝐝𝐢𝐭 𝐂𝐚𝐫𝐝 𝐅𝐞𝐞 𝐑𝐮𝐥𝐞 ⚖️A Texas judge halted a CFPB rule to reduce credit card late fees from $32 to $8 for large issuers. The U.S. Chamber of Commerce, backed by business and banking groups, sued, arguing it would disrupt operations and exceed CFPB's authority. The CFPB claims the rule would save families $10 billion annually. CU Times (13 May, 2024) 5️⃣𝐎𝐤𝐥𝐚𝐡𝐨𝐦𝐚 𝐇𝐚𝐥𝐭𝐬 𝐀𝐧𝐭𝐢-𝐄𝐒𝐆 𝐋𝐚𝐰 𝐃𝐞𝐟𝐞𝐧𝐬𝐞 🛢️Oklahoma Attorney General Gentner Drummond dismissed the legal team defending a state law that prevents state pension systems from contracting with companies limiting oil and gas investments. This follows a judge's temporary injunction citing potential constitutional issues and vagueness. Drummond's action highlights ongoing disputes over ESG-related laws targeting financial restrictions on fossil fuel investments. Reuters (10 May, 2024) 𝐒𝐞𝐞 𝐭𝐡𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐚𝐫𝐭𝐢𝐜𝐥𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐜𝐨𝐦𝐦𝐞𝐧𝐭𝐬!👇 #UISNetwork #SustainableFinance #ESGInvesting #SustainableInvesting #ImpactInvesting #ESG #ESGReporting #GreenFinance #Sustainability #CreditUnions

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Pix and Google Brazil collaborated to unveil Pix by Proximity, a contactless payment solution The Brazilian Central Bank and #Google Brasil have officially unveiled #Pix by Proximity, an innovative contactless #payment solution enhancing the country's instant payment system, Pix. Announced on November 4, 2024, in São Paulo by Fábio Coelho, President of Google Brasil, and Roberto Campos Neto, President of the Central Bank, this new feature will first be available to users of Google's digital wallets and is set to roll out to all Pix users by February 2025. Pix by Proximity allows users to make payments simply by bringing their NFC-enabled smartphones close to payment terminals, using bank accounts integrated with Google Wallet. Developed in collaboration with Rede Itaú, the solution has been tested on their terminals and is expected to be adopted by other payment acquirers in the market. Currently, the service is available on Android devices for customers of PicPay and C6 Bank, with Itaú customers gaining access in the coming weeks. Pedro Romero, Director of Wallet & Banking at PicPay, anticipates that this advancement will significantly boost the use of Pix in commercial establishments, potentially elevating it to new record levels. The article on Valor Investe in the first comment.

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Novos aprendizados, Lifelong learning! #TVX #PaymentProcessing #PaymentSystems #processingpayments #paymenttechnology #ValuePropositions

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I've been a great believer that instant payments, like our PIX in Brazil, is a path to democratize access to the financial system and boost country's economies. Now we have proper research and numbers to express it 🙂. According to ACI's recent Economic Impact and Financial Inclusion report, in 2023, instant payments boosted global GDPs by $164 billion. By 2028, ACI estimates millions of citizens will have access to banking technology for the first time, not only boosting each country's economic output but providing substantial opportunities for financial services to reach currently unbanked or underbanked consumers. You can access the full report now: https://aciw.co/4fQfFfC

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Do you know what 'Stark' means in German? It means 'strong,' a fitting name as Luiza & I discovered during a fantastic meeting with Auziane Moraes and Rafaela Mar, two dynamic leaders at Brazil’s STARK BANK. Auziane, previously the head of product at Dock, and Rafaela, a former consultant at McKinsey & Company, bring deep insights to Stark Bank. As Stark continues to innovate in the B2B banking sector and steps into the PSP business, their contributions are invaluable. 🚀 Stark Bank, a Series B challenger bank, specializes in empowering high-growth startups and enterprises across Brazil. They stand out as the only company in Latin America to receive investments from Amazon's CEO, Jeff Bezos. At Sardine, we are excited to explore ways to support Stark Bank with robust fraud and compliance solutions, ensuring they continue to lead and innovate safely in the financial sector. #Banking #Innovation #Compliance #FraudPrevention #Fintech #StartupBrazil

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💸 Revolutionizing Payment Experience: Brazil’s Cutting-Edge Tech Brazil is redefining banking with a focus on exceptional user experience. From the launch of PIX in 2020, which enabled instant bank transfers and reduced cash reliance, to the highly anticipated “PIX by approximation” in 2025, Brazil’s banking innovations are all about enhancing convenience and accessibility for users. Imagine paying for an ice cream or sending money to a friend effortlessly by just bringing two phones close together—no apps, no specific phone models required. Brazil’s commitment to user-centric financial solutions is setting new standards in global banking technology. #UserExperience #Fintech #Innovation #BankingTechnology #Brazil #FinancialInclusion #PIX #TechLeadership Link: https://lnkd.in/dxPfAcvz

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ACI Worldwide has partnered with RS2 to launch a ONE-STOP solution for acquirers and issuers in Brazil 🇧🇷 💳 👏 Supported by ACI's Fraud Management and Payments Intelligence, the new offering combines the BEST of ACI’s and RS2’s acquiring AND issuing capabilities to supporting FIs, ISVs, payment facilitators, independent sales organizations AND payment processors on their digital transformation journey ☁ 🚀 The combined NEW cloud-enabled tech platform enables merchants, banks AND PSPs to launch new products using configuration portals that integrates SEAMLESSLY to third-party platforms, orchestrating the ENTIRE payments ecosystem within the client environment 👨‍💻 “We are delighted to join forces with RS2 and bring a sophisticated, end-to-end issuing and acquiring solution to the Brazilian market,” said Vlademir Santos, head of Brazil, ACI Worldwide. “Our combined new solution will be a game changer for the Brazilian market. It will enable our customers to drive business growth through a modern and flexible solution and to take advantage of new revenue opportunities of launching new products and services.” Read more on the link below! 👇 Radi El Haj #aciworldwide #issuers #fintechnews #fintechindustry #rs2 #brazil #cloudbanking #fraudprevention #digitaltransformation #paymentprocessing #latam #digitalpayments

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Digital Banking Brazil 🇧🇷: Leading the Way - Brazil's digital banks are setting new benchmarks, with their annual return on equity (ROE) surging from 11.45% at the end of December to an impressive 19.1% at the end of June. This rapid growth has left traditional banks trailing behind—the overall banking system recorded a more modest ROE increase, rising from 14.23% to 15.11% during the same period. The message is clear: digital banking is not just the future—it’s the present. 💡 Brazil’s financial landscape is being reshaped by innovation and technology, with players like #Nubank leading the charge 🚀 #DigitalBanking #Fintech #Innovation #BankingIndustry #Brazil #Growth

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How do consumers pay in Latin America?

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