¿Qué traerá el 'open banking', el 'open finance' y el 'open data'?

The article highlights Daviplata’s successful consolidation as a digital wallet during the pandemic, while acknowledging that economic factors, such as high interest rates and credit delinquencies, have slowed its planned expansion in consumer credit and services for migrants. The primary bottleneck for migrant inclusion is identified as the costly and complex identity verification processes managed by government entities, which hinder seamless digital onboarding despite the platform's willingness to adapt. The piece emphasizes the critical role of open data in advancing financial inclusion by enabling information sharing not just among financial institutions, but also with the government. This collaborative data flow is presented as essential for developing new credit models that can serve populations currently considered too risky or complex to lend to. The CEO argues that regulatory frameworks must clearly define these data-sharing protocols to unlock innovative financial solutions efficiently. Finally, the article underscores the importance of open systems in public subsidy distribution to avoid the inefficiencies and costs associated with cash withdrawals or single-actor bottlenecks. By allowing citizens to choose their preferred digital entity, the state maximizes inclusion, reduces hidden transaction costs for recipients, and creates a valuable data trail that fosters long-term savings and credit access. This relevance to open data lies in demonstrating how transparent, shared information ecosystems empower both private innovation and equitable public policy implementation.

Source: portafolio.co
Published on 2023-10-03

Open Data

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