Nubank may have to change its name as determined by the Central Bank

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Nubank may have to change its name as determined by the Central Bank

The Central Bank of Brazil (BC) initiated a public consultation to discuss new rules on the naming of financial institutions, including Nubank. The proposal seeks to restrict the use of the word “bank” by organizations that do not have specific authorization to do so. This initiative seeks to increase transparency in the provision of financial services and... The post Nubank may have to change its name as determined by the Central Bank appeared …