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5 results for “financial inclusion”
Lula Rejects Privatization of PIX, Doubling Down on State Control of Brazil’s Digital Finance
President Lula used his address at the UN General Assembly to declare that Brazil will not privatize the PIX instant payment system, eliminating a major opportunity for private finance.
State-Controlled Banco do Brasil Partners With iFood to Finance Gig Workers’ Motorcycles
Major Brazilian bank and delivery app use platform data to unlock credit for gig workers to buy new motorcycles and electric bikes.
Banco do Brasil and iFood Partner to Extend Credit to Brazil’s Gig Economy Drivers
Brazil's state-controlled Banco do Brasil and iFood are partnering to finance vehicles for delivery workers, formalizing services for the booming gig economy.
IMF Cites PIX as Financial System Driver, Validating Brazil’s Fintech and Crypto Regulation
The IMF's latest report praises Brazil's PIX instant payment system for boosting financial inclusion and competition, while validating the new crypto framework.
IMF Praises Pix for Inclusion, Signals Tighter Crypto Custody Rules in Brazil
IMF’s Financial Stability Assessment praises Pix but calls for stronger oversight, suggesting regulatory action on crypto asset protection is next.