Tag results for 'Open Banking'

Open banking in Peru: challenges and first steps

Peruvian regulation is ready to achieve an important milestone in the development of the financial market. Open finance (and open banking as the first stage) has all the ingredients to improve the consumer experience, increase competition and close the financial inclusion gap. This article describes the first steps and challenges that these regulatory efforts will face.

Released on Nov 10, 2022

Open Banking in Brazil: recent trends

In Brazil, local regulators of the financial and capital market aim to foster competition by stimulating new participants to create products and services that will benefit clients and promote financial inclusion, One major example of this effort is the creation of the Open Banking ecosystem by the Central Bank of Brazil.

Released on May 25, 2021