Data Management Initiative: Central Bank of Brazil

FinTech RegTech 2022 Data Management
João Calvino, Central Bank of Brazil

Open banking, where financial consumers’ data is shared via application programming interface, has been embraced by the majority of countries around the world. The Central Bank of Brazil is leading the way to the next stage with the launch of its Open Finance project.

The central bank has driven data governance and management that pushes the open banking model to incorporate investment, foreign exchange and insurance products.

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