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Article: Open finance is driving the race to transform the financial market in Brazil

Money, Open Governance

Open finance is driving the race to transform the financial market in Brazil

The concepts of open banking and open financing may not yet be familiar to most Brazilians, but you have certainly noticed the practical changes that central bank initiatives have brought about in the Brazilian financial market in recent months. The transformation has just begun and should foster the race between players in the sector to adapt to the new rules of the game.

A practical example of this transformation is PIX. The pay-as-you-go method went into effect in November 2020 and already has more than 200 million registered keys and 80 million users in Brazil. In March alone, there were about 394 million transactions. Since its inception, over one billion PIX operations have been performed.

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Article: Crowdfunding for children’s programming language Hedy

Language, Open Data, Open Source

Crowdfunding for children’s programming language Hedy

The easy-to-learn programming language Hedy is a huge worldwide success. To develop the language further, Felienne Hermans, associate professor at the Leiden Institute of Advanced Computer Science (LIACS), started a crowdfunding.

Hedy was introduced to make programming more accessible for children. ‘There was a big gap between Scratch, the block-based language to introduce children to programming, and real programming languages like Python,’ Hermans explains.

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Article: Global Open Source Services Market Research Report 2021- Coherentmarketinsights.com

Innovation, Open Source, Open Space

Global Open Source Services Market Research Report 2021- Coherentmarketinsights.com

The Global Open Source Services Market study offers important upgrades of industry, business scope, international competition also improvements research on revenue growth sectors. The report contains intelligence on the strategic activities of product scope, sales, mergers, acquisitions, and collaborations.

The major factors to drive the businesses are recent trends, technology, revenue, sales, price structure, business scope, and developing strategy analysis. In addition, the research provides a complex scenario on Abc Market Outlook 2021-Industry detailed analysis 2027. The objective of this report is to define, describe and forecast the different services across regions such as North America, Japan, China, Brazil, and India.

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Article: How Open Banking Guides LATAM’s Spend Management FinTech

Innovation, Money, Open Governance, Open Space

How Open Banking Guides LATAM’s Spend Management FinTech

Latin America is a quiet champion in FinTech innovation. While the region may not be top of mind when it comes to world leaders in financial technology, startups from Mexico to Chile are driving payments digitization, financial management automation and the emergence of new paradigms in the market, like open banking.

Investors are paying attention, too. While analysts assess 2020’s performance, the Latin America Private Equity and Venture Capital Association (LAVCA) said funding for the region’s FinTech startups more than doubled between 2018 and 2019, reaching $4.6 billion, with evidence that 2020 figures may emerge similarly as strong.

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Article: We Need a Magna Carta for the Internet

Access, Open Decision-Support, Open Source

We Need a Magna Carta for the Internet

“Twenty-five years ago, when the Internet had been running for 20 years, there was internet mail and net news and remote login, but there was no web. No web sites, web pages, links. So I invented the World Wide Web. As the project grew, I needed collaborators. To achieve that, I went to the Internet technical community.

Specifically, I founded the World Wide Web Consortium (W3C), a multistakeholder organization that develops open standards to ensure the long-term growth of the Web. W3C works on different aspects of Internet technology with numerous organizations, including the Internet Engineering Task Force, ECMA/TC39, IANA, and ICANN.

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