RIO DE JANEIRO, BRAZIL - The Central Bank on Wednesday, May 19, issued a regulation easing the opening and closing of payment accounts, typically offered by fintechs.
With the change, institutions will no longer be required to maintain a list of registration information and will be able to choose which data the client needs to provide when opening an account.
This type of account offers basic services such as payments and fund transfers. The difference from a bank current or checking account is that it does not necessarily need to be managed by a bank, and funds deposited may not be . . .
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