Traditional institutions have higher nominal tax rates and advocate for equality; rivals see lower effective rates 10/21/2025 The Brazilian Federation of Banks (Febraban) has intensified its conflict with fintechs over taxation. According to Valor, the dispute escalated behind the scenes regarding Provisional Presidential Decree 1303, when fintechs opposed an increase in the Social Contribution […]
According to one source, Brazil’s Central Bank observed unusual financial transactions made through FictorPay and alerted Celcoin, the company to which the fintech is affiliated 10/21/2025 — Photo: Pixabay FictorPay, a fintech, was the target of a hacker attack that stole company funds on Sunday. The information was first reported by Platô […]
Fire in Eletrobras substation caused cascading outages across the country and raised reliability concerns 10/21/2025 Reactor fire in Paraná disrupted electricity across Brazil for up to 2.5 hours — Photo: Divulgação/Bombeiros A fire at a power substation in the southern state of Paraná triggered a nationwide blackout in the early hours of Tuesday (14), highlighting […]