Brazil’s Central Bank adopts measures to increase security of its instant payment system PIX

The announcement, made at a Febraban-sponsored event, comes after news reports of an increase in kidnappings and robberies in which money was transferred through PIX.

RIO DE JANEIRO, BRAZIL - The Central Bank will soon announce measures to increase the security of PIX, said Friday its president, Roberto Campos Neto, citing a possibility of rules so that users can choose times to block the service.

The announcement, made at a Febraban-sponsored event, comes after news reports of an increase in kidnappings and robberies in which money was transferred through PIX.

"It is essential to send the message that we will do everything possible and imaginable to make the system as safe as possible and serve the greatest number of people," Campos Neto said at the . . .

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