The Central Bank is planning to implement an Open Banking model that is likely to speed up integration among institutions. The underlying concept of sharing data, products and services among institutions raises concerns about banking secrecy....

There were 450 fintechs operating in Brazil by the end of 2018, and the number is growing. As a result, authorities are trying to create a regulatory environment that fosters innovation, protects consumers and grants surveillance. In the meanwhile,...

As it is happening worldwide, the use of electronic payment instruments is increasing in Brazil. Emerging technologies that transform the way people make payments lead to a necessary change in regulation. A regulatory sandbox that allows live...

The regulation of the Brazilian payments system has resulted into a more competitive and technological industry. As opposed to financial institutions, payment institutions and scheme settlors with foreign capital do not need a presidential authorization...