PIX is a three-year-old system developed by the Brazilian Central Bank that has revolutionized how Brazilians pay for things. It’s like sending an instant wire transfer through the banking app on your phone with the click of a button, and no fees. Michael Fox reports from Florianópolis, Brazil, on how the banking app has changed Brazilian society in just three years.
Brazil ranks third in the world for the most social media usage, following India and Indonesia. Now, a controversial, 3-year-old bill is weaving its way through Congress. It could regulate social media platforms in the same way as TV and radio. The “Fake News Bill” has staunch supporters, but some also accuse it of being a form of censorship.