trending Market Intelligence /marketintelligence/en/news-insights/trending/2nxUoC2KIdZ2iNc0lpNu5A2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

BCRA tells fintech firms to deposit virtual wallet funds into bank accounts

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments


BCRA tells fintech firms to deposit virtual wallet funds into bank accounts

Banco Central de la República Argentina issued a rule on Jan. 9 ordering that if clients of financial technology payment providers deposit funds into virtual wallets, the payment providers must deposit an equal amount in pesos in bank accounts.

These fintech providers will have until Jan. 31 to meet the new rule. The central bank aims to guarantee liquid funds are available to the clients of these firms, while also preventing the firms from making short-term profits with their client's funds, possibly at their clients' expense. They will also have to report these amounts separately from other funds.

The Argentine Chamber of Fintech will contest the new rule, and propose to the central bank that checking accounts be opened at the relevant payment providers, rather than in banks.