Brazilian bank builds instant payment network with Red Hat
Brazil’s economy, the largest in Latin America, is rapidly transitioning from cash-based to digital payments. To meet growing demand, the Central Bank of Brazil (BCB) created a new instant payment network, Pix. This innovative solution required a highly available, scalable IT infrastructure. With a new architecture based on Red Hat OpenShift, Red Hat Ansible Automation Platform, and technology from Red Hat Integration, BCB can cost-effectively support thousands of transactions per second while maintaining 24×7 service availability. This new service has also helped the bank promote competitive diversity in Brazil’s financial services market.