The Currency Scene:
News, Events, and Stories about currency from around the world.

Currency News

Banks Embrace 'Going Dutch' For Open Banking

Under the Sakoku Edict of 1635, Japan closed its borders, isolated its economy, and attempted to create a protected and stable culture free from external influences. With the exception of limited trade with the Dutch East India Company and Chinese merchants through the port of Nagasaki, Japan was a closed economy and a closed society.

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Escaping Bank Fees With FinTech

Whether it is about paying a friend for a bill shared at a restaurant or paying for a service provider, when it comes to paying other people, in Brazil, the first question usually is “What is your bank?” We no longer walk with too much money in the wallet, and transfer rates between banks are high.
 

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