Next, fintech unicorn EBANX expands operations in Centra America and retail giant Magazine Luiza makes more acquisitions of startups to bolster its digital strategy. Brazil is making inroads towards its single ID database gettyThis week, the Brazilian government announced it is advancing its digital identity plans. The database will gather all citizen identification data, such as the national ID, driver's license and voter identification details. Brazil's administration is pitching the single ID project as a way to "make life easier" for citizens. This initiative will bring documents such as the national ID and the national taxpayer registration together under an e-wallet within an app to be offered by the federal government.

Source: Forbes March 21, 2021 01:07 UTC