PIX and Open Finance: What’s Coming Next?
The Central Bank of Brazil has significantly advanced the regulation of Pix and Open Finance, with the aim of optimizing and expanding their functionalities. Among the most discussed innovations are Automatic Pix, Pix by Proximity, and International Pix.
These are not just advancements in payment technology—they are reconfigurations of the financial system's expectations and operations. They promise greater efficiency and accessibility, and have the potential to redefine how we interact with money and the global banking system.
Are we truly on the brink of a revolution, or are we just seeing another step in a gradual evolution?
This content will examine the potential impacts of these changes and how they stand apart from existing solutions. The attorneys at Tauil & Chequer Associated with Mayer Brown, well experienced in financial and regulatory law, are prepared to provide strategic guidance to financial institutions operating in the Open Finance environment.
