EU proposes payments sector shake-up to boost fintechs
By Huw Jones LONDON (Reuters) -The European Union on Wednesday proposed making the payments sector more competitive, giving legal backing to a digital euro, and preserving the role of cash as fewer…
Brazil to allow credit fintechs to initiate payment transactions
BRASILIA (Reuters) -Brazil’s National Monetary Council on Friday decided to allow credit fintechs to initiate payment transactions, the central bank said, a move that will in practice clear them to provide payment…
Brazil central bank postpones higher capital requirements for fintechs to July 2023
BRASILIA (Reuters) – Brazil’s central bank on Friday announced the postponement of higher capital requirements for fintechs to July 2023, after establishing tougher rules for payment institutions based on their size and…
Breaking News
