⚡️🇵🇾 NEW - Paraguay Central Bank Chief says Collapsed Bank’s Real Business Was Collecting Biometric Data
“Their business is not banking. Their business is to capture the biometric data of millions of people to have a database of the country and then do business,” Jorge Schreiner told the Senate.
Ueno Bank collected biometric data from customers, including facial scans, while amassing roughly 3 million accounts, nearly half Paraguay’s population.
Its collapse froze customer deposits, put $850 million in public funds at risk, and triggered a political crisis that brought down President Santiago Peña.
“They were not bankers. They were database administrators,” Schreiner said.
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2026-11-11 15:29:14 UTC
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2026-11-11 15:29:14 UTCEvent JSON
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"content": "⚡️🇵🇾 NEW - Paraguay Central Bank Chief says Collapsed Bank’s Real Business Was Collecting Biometric Data\n\n“Their business is not banking. Their business is to capture the biometric data of millions of people to have a database of the country and then do business,” Jorge Schreiner told the Senate.\n\nUeno Bank collected biometric data from customers, including facial scans, while amassing roughly 3 million accounts, nearly half Paraguay’s population.\n\nIts collapse froze customer deposits, put $850 million in public funds at risk, and triggered a political crisis that brought down President Santiago Peña.\n\n“They were not bankers. They were database administrators,” Schreiner said. \nhttps://blossom.primal.net/c4efadb88be5556b582a813e684f07b265f44688387c48a6fb527d5a5723798a.mp4",
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