Brazilian Central Bank news and trends

Brazilian FinTechs Prohibited From Borrower Deposits

August 31, 2017
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Brazilian FinTechs Prohibited From Borrower Deposits

August 31, 2017
The Brazilian Central Bank has floated a proposal that would let FinTechs lend money but which would also curtail them from taking deposits, as might be seen in a traditional commercial banking relationship, according to news by Reuters. The proposed rules would, in part, find precedent in the United Kingdom, with what has been known as […]