Investor Presentaiton
Annual Report
AR
2022
SUMMARY
WHO WE
ARE
OUR
STRENGTH
AND
OUR
RESOURCES
Open Finance
Agenda BC#
Open Finance is the standardized sharing of customer data
and services among institutions, which participate in this
arrangement created and regulated by the BCB. Through
it, bank account holders may authorize their data to be
shared with another institution to obtain a service offer.
Another possibility is to obtain credit at a certain institution
and request that the debit occur in the checking account of
another bank.
In 2022, the BCB took steps with supervised entities,
demanding the resolution of problems that arose in the
data sharing phase of Open Finance, mainly related to
interoperability, consumption, and data quality.
Open Finance is one of the pillars of the financial system
of the future. It facilitates the access to information
on financial services and promotes the emergence of
innovative solutions for offering and contracting financial
products and services. Consumers now have control over
their own data.
Open Finance helps financial systems to be more
competitive, efficient, and inclusive, placing the consumer
at the center of this change. Brazil has the largest Open
Finance environment in the world, both in terms of scope
and number of participants, as well as in terms of number
of consent from consumers.
By the end of 2022, the Open Finance structure had logged
more than 2 billion API calls (allowing interaction between
computer software and the exchange of information) and
5.6 million active consents. Learn more.
OUR
RESULTS
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