Latest news with #PIX
Yahoo
3 hours ago
- Politics
- Yahoo
PIX on Politics Daily: Battle Over One, Big, Beautiful Bill
NEW YORK (PIX11) — Welcome to PIX on Politics Daily with Dan Mannarino, where we break down the day's political news, headlines, and issues that matter most to you through in-depth conversation. Join us daily on PIX11+ streaming at 1:00 p.m. as we invite the newsmakers, lawmakers, and key players shaping policies that impact local communities. On Friday, Henry Rosoff speaks with New York Rep. Dan Goldman about the benefits at risk under the One Big Beautiful Bill Act. They also discuss how Elon Musk's criticism of the bill has led to a public feud with President Trump. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
The Star
2 days ago
- Business
- The Star
Brazil's Pix set for next leap with launch of recurring payments
A person pays using their cell phone with the instant electronic payment mode known as PIX, at a store in Rio de Janeiro, Brazil April 1, 2024. REUTERS/Pilar Olivares/File Photo (Reuters) - Brazil's wildly popular instant payment system Pix is poised for another leap with the launch of a new recurring payments feature this month, central bank officials said on Wednesday. Since its launch in late 2020, Pix has rapidly become the leading payment method in Latin America's largest economy, surpassing cash as well as debit and credit cards. Last year it handled more than 26 trillion reais ($4.61 trillion) in transactions. Initially slated for launch last October, the new feature will go live on June 16, allowing users to authorize recurring charges with a single consent, according to the central bank, which developed and operates Pix. That will allow for automatic payments of utilities, phone bills, school tuition, gym memberships, and digital or streaming services via the new "Pix Automatico" tool. "'Boleto' will be overtaken by Pix Automatico when it comes to automatic payments," said Renato Gomes, the central bank's financial system organization director. Boleto is the traditional slip method, which moved 6.2 trillion reais last year, according to banking federation Febraban. Speaking at a central bank event in Sao Paulo to present the feature, Gomes added that existing automatic debit services via banks are also likely to be disrupted by the new tool. Companies must sign bank agreements to offer automatic debit, a process central bank regulation director Gilneu Vivan described as burdensome for small businesses. Pix Automatico will simplify the process, allowing small merchants to receive recurring payments with ease. Vivan also noted that nearly 60 million Brazilians do not own a credit card, a group that will now be able to access subscription-based services previously limited to cardholders. A study by payments platform EBANX estimates that Pix Automatico could handle at least $30 billion in e-commerce transactions within its first two years of operation. ($1 = 5.6418 reais) (Reporting by Marcela Ayres; Editing by Richard Chang)
Yahoo
29-05-2025
- Business
- Yahoo
PIX on Politics Daily: NYC Rent Guidelines Board Revote
NEW YORK (PIX11) — Welcome to PIX on Politics Daily with Dan Mannarino, where we break down the day's political news, headlines, and issues that matter most to you through in-depth conversation. Join us daily on PIX11+ streaming at 1 p.m. as we invite the newsmakers, lawmakers, and key players shaping policies that impact local communities. On Thursday, Dan Mannarino speaks with the New York City Council Chair of the Committee on Housing and Buildings, Pierina Sanchez, about the board governing New York City's rent-stabilized units voting to lower its proposal for rent increases on two-year leases. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
28-05-2025
- General
- Yahoo
PIX on Politics Daily: Future of Fifth Avenue
NEW YORK (PIX11) — Welcome to PIX on Politics Daily with Dan Mannarino, where we break down the day's political news, headlines, and issues that matter most to you through in-depth conversation. Join us daily on PIX11+ streaming at 1:00 p.m. as we invite the newsmakers, lawmakers, and key players shaping policies that impact local communities. On Wednesday, Dan Mannarino speaks with the Policy and Communications Director for the Riders Alliance, Danny Pearlstein, about New York City's plan to transform Fifth Avenue into a world-class, pedestrian-centered boulevard. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
16-05-2025
- Politics
- Yahoo
PIX on Politics Daily: New Jersey Beaches
NEW YORK (PIX11) — Welcome to PIX on Politics Daily with Dan Mannarino, where we break down the day's political news, headlines, and issues that matter most to you through in-depth conversation. Join us daily on PIX11+ streaming at 1:00 p.m. as we invite the newsmakers, lawmakers, and key players shaping policies that impact local communities. On Friday, Henry Rosoff speaks with New Jersey Assemblymember, Vicky Flynn, about a new bill in Trenton that would expand beach access for children and veterans. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
