Bradesco completes first pilot transaction using Bank of America’s real-time cross-border payment solution

Bank of America said on Tuesday that Bradesco, one of Brazil’s largest private banks, has completed its first pilot transaction using the U.S. bank’s real-time cross-border payment solution. The update was carried by Techub, which cited Finextra’s crypto channel. The item was listed under the technology category. No financial details, transaction size, or additional rollout timeline were disclosed in the source provided. The announcement centers on a pilot transaction and confirms that the system has already been used in a live test by Bradesco. Bank of America was identified as the announcing party, while Bradesco was named as the participating bank in Brazil.