CRUCIAL ROLE OF CENTRAL BANK eyesonbrasil Amsterdam, April 12, 2023– The Brazilian government and the Central Bank have facilitated the growth of FinTech by implementing new supporting laws and policies. FinTech is the use of technology for financial services and products in any financial field. In practice, this means that companies will provide their financial…
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Digital Transformation AF Source BCB The Central Bank of Brazil (BCB) established general guidelines for the development of a Brazilian Central Bank Digital Currency (CBDC), which may be implemented in order to keep up with the digital transformation of the global economy and foster innovation in Brazil. The Central Bank of Brazil (BCB), through a…
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Wirecard’s crash in Germany shaded doubts about Fintech. Here Martin Zeman will explain the potential of FinTech and how it impacts future jobs and investments. FinTech’s impact on the traditional Financial Services The FinTech industry has uprooted the traditional financial services companies (banks, asset managers, wealth managers) since the Global Financial Crisis (GFC). Entrepreneurs can…
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Alibaba payment app: 700 million users Digital Yuan is mainstream Simon Sharwood Amsterdam, 19 May 2021– Alibaba’s controversial financial services arm, the Ant Group, has been welcomed into trials of China’s digital currency. China’s state-controlled media on Monday reported that the Alipay app has added a feature allowing transactions in the Digital Yuan. Alipay has…
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