Brazilian bank Bradesco harnesses blockchain
The institution is supporting startups focusing on the technology and planning trials to develop new services
The institution is supporting startups focusing on the technology and planning trials to develop new services
The entity is focused on government lobbying around regulation and monitoring market trends.
The startup, hurt by the liquidation of the bank supporting its operations, settles partnership with another institution.
The country's authorities warn of potential "irreparable damage" that could be caused by the new feature of the messaging app.
The country's central bank has set out information sharing guidelines; timescales will be released in the second half of 2019.
The service is being launched with local institutions Sicredi, Banco do Brasil and Nubank as initial partners.
Increase in smartphone adoption and mobile transactions will create more opportunities for the most advanced market in Latin America and the Caribbean, according to research by Visa.
The tech startup is banned from opening new accounts as the bank providing its infrastructure goes under.
The fintech raised a new funding round and plans to make further investments in technology to improve its customer experience.
The Central Bank's platform is surpassing other payment methods such as debit cards and is more popular among young males at the top of the socioeconomic pyramid, research suggests.