The Banco Master investigation reveals political entanglements and legal challenges that risk destabilizing Brazil's financial system and investor confidence.
Brazilian small businesses show rapid growth in digital banking use but face complex challenges adapting to fiscal digitalization requirements.
Abu Dhabi's Mubadala is negotiating to acquire Brazil's fintech Will Bank, now under Central Bank administration, with Mastercard and FGC involved in the deal to stabilize the troubled company.
Following the Banco Master investigation, Brazil intensifies financial oversight reforms and regulatory measures for politically exposed persons to ensure system stability and combat money laundering.
BRB Bank refutes claims of unauthorized transactions with Banco Master, affirming compliance with Central Bank regulations amid rejected acquisition plans.
Digital financial institutions are rapidly expanding their influence in the international remittance sector, impacting Brazilian families.