Latin America Weekly

Open banking, free trade, and constitutional beefs

Welcome back to the Latin America Weekly newsletter. In this issue: open banking, Ecuador’s push to join the Pacific Alliance, and controversy in Chile’s constituent assembly.

How will open banking change Latin America’s financial landscape?

open banking trade polls
Branch of the National Bank of Mexico in downtown Aguascalientes city, Mexico. Photo: Takamex/Shutterstock

Launched less than a year ago, open banking is already changing what it means to use financial services in Brazil. Latin America’s biggest country has what is now considered the largest open banking system in the world in both size and scope. Mexico, Colombia, Chile, and Peru are all studying their own open banking alternatives, and this may be crucial to foster economic growth...

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