A São Paulo court froze USD 85 million in customer accounts of Capitual, a multi-currency bank that connected Binance.
The open banking market will be worth $43 billion in 2026, according to the Open Banking Market by Financial Services and Distribution Channel report by Allied Market Research
Magazine Luiza quiere convertirse en proveedor de todos los productos que las finanzas abiertas habilitarán.
For the founder of the startup, there is a great area of ??opportunity in the market to support the business development of the country
As of January 2020, only 342 million adults in the region have a bank account, an average of only 55%, which is not far from the statistics collected in 2017.
It brought El Salvador’s president, Nayib Bukele, the adulation of the tech community, but reduced scarce funds and moved the nation closer to default.
Vauld on Monday paused operations and said it was exploring restructuring options due to "financial challenges."...
Three years after Facebook announced its ill-fated push into cryptocurrency, aka the Libra project, the tech giant has signalled another scaling back of its activity — announcing Friday that Novi, the digital wallet payments pilot it launched last October, will be ending on on September 1.
Withdrawals are still paused and the company has hired restructuring experts as it faces a financial crisis.
Banks that rely on: 1) branches to attract and sell; 2) geography to determine who to sell to; and 3) customer experience to differentiate won’t produce acceptable levels of growth and return on assets.