About three months after launch, the open finance Brazilian was awarded internationally, announced tonight (14) by the Central Bank (BC). Through the social network Twitter, the BC reported that the initiative won the 2022 Central Banking Awards.
BC INITIATIVE AWARDED: BC’s Open Finance project won the international Central Banking Awards! Open Finance transforms the financial system by bringing more competitiveness, efficiency and inclusion.@CentralBanking_
— Central Bank BR (@BancoCentralBR) June 14, 2022
O open finance provides that the customer authorizes the sharing of their data in a standardized way with different types of financial institutions. Based on the history of the citizen’s relationship with the financial system, institutions will be able to offer better credit conditions, such as lower interest rates and longer terms for good payers.
Released at the end of March