Mar 14, 2022 Jornal de Negócios

"Digital Euro will force reinvention of the banking business"

Tiago Correia Moreira (Partner) is quoted in an article by Jornal de Negócios, on the need to guard against the risks and unknowns of privacy and security in the issuing of virtual currency in the euro zone, confirming the trend towards digitalisation of the economy that has been prominent in recent years.

"The emergence of new business models in the banking sector, many of them with a strong or exclusively digital nature, force this decision to be taken. For so-called traditional banking (retail banking), the arrival of this currency may require an even greater reinvention of the business model and replacement of bank branches with remote, non-face-to-face contracting models."

Read the article here.

Digital Euro will force reinvention of the banking business

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