Newsazenplay.comBrite Payments launched a United Kingdom Pay by Bank service after receiving an FCA e-money licence. The provider said its API is connected to more than 3,800 banks across 27 markets.
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The UK Financial Conduct Authority opened an authorisation gateway for cryptoasset firms, including stablecoin issuers. The proposed regime would bring stablecoins and related services within a framework aligned with regulated payment providers and electronic-money institutions.
UK payment infrastructure developments include the rollout of commercial variable recurring payments for selected low-risk payees. The report says open banking payments reached 351 million transactions after growing 57 percent, with broader subscription and bank-on-file use cases expected.
Brazil’s Central Bank issued rules requiring participating institutions to block payments to fixed-odds betting operators through Pix, boleto and TED. The measures require automated screening and rejection of transactions linked to identified operator tax registrations.