How open banking is creating opportunities for industries, and consumers, in Brazil

This article explains the ramifications of the launch of open banking in Brazil; open banking uses third-party applications to give consumers more access and control over their financial accounts.

This article is part of the August 2021 Spotlight Brazil series, "A close look at LATAM's largest market." Read more

There are so many historic events happening in Brazil right now that one major shift has fallen off most marketers' radar: the implementation of open banking, which is creating opportunities across industries. For those who are unaware of this silent revolution, open banking is a new part of Brazil's Central Bank system that allows all financial institutions to safely share data, products and services. Put simply, open banking allows people to decide which financial institutions they want to share...

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