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Brazil's Open Finance ecosystem marked its second anniversary in early 2023 as the world's largest financial data-sharing program, boasting 17.3 million active consumer consents and 10.8 billion API calls. The system showed rapid adoption with over 800 participating institutions, yet faced challenges regarding data quality, concentration among major players, and low corporate participation. Read more at Finextra .
Brazil's Open Finance ecosystem marked its second anniversary in early 2023 as the world's largest financial data-sharing program, boasting 17.3 million active consumer consents and 10.8 billion API calls. The system showed rapid adoption with over 800 participating institutions, yet faced challenges regarding data quality, concentration among major players, and low corporate participation. Read more at Finextra .