Brazil’s Pix and the European Central Bank’s TARGET Instant Payment Settlement platform, or TIPS, could be heading towards a new kind of cross-border payment connection. The important qualification is that this is not a confirmed launch. The Banco Central do Brasil (BCB) and ECB are still discussing feasibility, with the ECB describing the work as a pre-investigation into a potential interlink between the two systems. Reporting by Reuters via CNA, Folha de S.Paulo and Valor E