Open Finance Celebrates Two Years In Brazil Wit...
With open finance, the protocol allowing financial institutions to share customer data, expectations were not as high in the short term. But its impact on the longer term, analysts say, could be as significant, or even greater.
Open finance celebrates two years in Brazil wit...
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The concept of open finance goes beyond just banking information. For 2023, companies could offer data sharing on a broader range of services. These include investment, insurance, pension plans, and foreign exchange.
To be sure, the long-term potential of open finance could be significant. An estimate by Serasa Experian last year stated that open finance could include as many as 4.6 million more people in the next five years in the loan market and create 94 billion reais in new credit for individuals.
The success of open finance by no means resembles the explosive growth that Pix had. Contrary to the ubiquitous instant payment system, most Brazilians are still unaware of the existence of open finance. There are still a few products available, many of which are not as user-friendly as expected.
The call for 2027 ISB Congress Bids is now open. ISB Congresses are typically held during June, July, or August of odd years. The President-Elect of the Society is responsible for attracting bids, corresponding with bidders, and working closely with the successful applicant during the congress preparation. Therefore, members interested in preparing a bid should contact President-Elect Elizabeth Clarke to ask for further details. The proposal must follow the ISB guidelines, which can be read here.
As the society celebrates its 50th anniversary and JAB prepares to celebrate its 40th, this new relationship is founded on decades of mutual commitment to furthering biomechanical strategies to advance the study of human movement. ISB members will receive complimentary subscription access to the journal as well as a 50% discount on open access publication fees (limitations apply) for articles accepted by the journal.
Every two years ISB members elect a new President-Elect and Executive Council. The Executive Council members are elected for a 2-year term, with a maximum of three terms, and represent countries from throughout the world and various scientific areas within biomechanics. The Executive Council meets every year and provides leadership for the continued development of the Society and oversees the many on-going activities that are performed by Council appointed sub-committees, including activities in Economically Developing Countries, student grants, and student awards. The President-Elect is responsible for coordinating the proposals for the 2027 ISB Congress and will become President in 2025. Typically, there are 3 to 4 vacant positions on the Executive Council and the President-Elect position is open and must be filled. 041b061a72