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August 11, 2022
Finance Technologies

Brazil introduces open banking with UK fintech Ozone and TecBan

Ozone API, a London-based fintech, has partnered with TecBan, the operator of Banco24Horas – the largest interbank network in Brazil, to kickstart the South American country’s open banking adoption. At the beginning of May, new regulation was announced by Brazil’s central bank – Banco Central do Brasil (BCB) – which sets out the sharing of data and services among financial and payments institutions licensed by the BCB. Ozone’s sandbox will be used in the run up to Brazil’s full market implementation of open banking To be introduced in four stages, starting in November 2020 with full implementation landing in October 2021, the new…
Brazil introduces open banking with UK fintech Ozone and TecBan

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