Open Finance and analytics drive tech budget uplift in Brazilian banks
Investments are set to increase by 18% in 2022, according to the National Banking Federation.
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Brazil on track to roll out digital currency in 2022
According to the Central Bank, pilots for the Real Digital project should commence in the fourth quarter despite delays prompted by a strike.
Artificial intelligence and cybersecurity among top priorities for Brazilian banks
Institutions are also focused on making the most out of data obtained through Open Finance, study says.
Santander ramps up facial biometrics in Brazil
The technology will be rolled out to 10 million clients as part of the bank's strategy to boost security and shift more processes to the online channels.
Final phase of Open Banking goes live in Brazil
The new stage will integrate non-banking services and mark the transition into open finance.
Most Brazilians hesitate to share data under Open Banking, study finds
Fear of receiving too many unsolicited approaches from companies is among the main factors behind the lack of interest from consumers.
Brazil announces data scope for final phase of Open Banking
The completion of the roll-out in December will mark the start of the migration into Open Finance in the country.
Customer data sharing under Open Banking commences in Brazil
After being postponed for nearly a month, the most critical phase of the project goes live.
Brazil postpones start of customer data sharing under Open Banking
The next phase of the implementation has been delayed in one month as institutions adapt their systems for the new model.
Brazilian banks see evolution of mobile channels during Covid-19
Financial inclusion via the national emergency aid scheme and the roll-out of instant payments are among the factors boosting adoption of mobile platforms, which account for more than half of all banking transactions in Brazil, according to research.