On its third edition, Open Views 24 will again gather the most relevant voices from the fintech and open finance ecosystems in Latin America in a digital event that will take place on the 13th and 14th of May.  On the third edition of Open Views, we’re putting the spotlight on how after years of discovery and development, 2024 is the year open finance has already become an essential component of every leading financial innovator in Latin America.  Building upon the foundation laid by previous years, where innovators explored the potential of open finance to build better financial ser ..read more

One more year, all Belvoers gathered for our annual kick-off event to celebrate our achievements, plan our next steps, and enjoy time together as a team. The anticipation and excitement were palpable as Belvoers from all countries gathered again for our annual kick-off event, Belvolution 2024. This event is more than just a celebration; it’s already a tradition that marks a collective reflection on our accomplishments, learning experiences, and the road ahead. In the true spirit of Belvo, the team gathered in Mexico, Brazil, and Spain for a company-wide event that transcends borders. After an ..read more

As of January 2024, Belvo is a PCI DSS compliant Service Provider, reinforcing its commitment to security excellence.  We are thrilled to announce a significant milestone in our ongoing commitment to security and the protection of sensitive financial data. Belvo is now self-certified as a PCI DSS (Payment Card Industry Data Security Standard) Service Provider, further solidifying our position as a trusted player in the payment ecosystem. This accomplishment comes after our successful renewal of the ISO 27001 certification for the third consecutive year. The combination of PCI DSS complian ..read more

Belvo launches new products in Mexico and Colombia, including direct debit and payouts, reshaping the landscape of recurring payments. These new solutions allow users to initiate automatic transactions directly from their bank accounts, streamlining payment processes. Belvo, the leading open finance platform in Latin America, has introduced innovative ‘pay by bank’ payment solutions in Mexico and Colombia to transform the way businesses handle variable recurring payments and fund transfers. In both countries, Belvo has launched new products that enable companies to conduct automatic, recurring ..read more

In the latest episode of Open Views, we dive into Mexico’s evolving role in the global phenomenon of open finance. While countries like the UK, Australia, and Brazil have led the charge, Mexico’s journey has been a bit slower. However, recent developments show that Mexico is ready to seize the potential of open finance.  We invited Helen Child, Founder of Open Banking Excellence (OBE), and Héctor Cabrera, Head of Financial and Professional Services at the British Embassy in Mexico, to sit down with us and explore the progress and potential of open finance in different countries, with a pa ..read more

Discover how to use our new version of Risk Insights to improve the predictive power of your credit models thanks to our advanced machine learning capabilities. Obtain pre-calculated metrics from transactional data to better predict creditworthiness. When it comes to building accurate credit models, data science and risk team often face the biggest challenges in data cleansing, analysis and variable calculations. Risk Insights, one of our enrichment products, helps data scientists to effectively bridge this gap. This product offers a comprehensive list of pre-calculated and advanced metrics d ..read more

In this Open Views podcast, Sebastian De Lara, Public Policy Lead at Belvo, interviews John Pitts, Head of Public Policy at Plaid, a leading open finance US company. They discuss the story of open finance in the country, highlighting how it has been driven by consumer demand rather than regulatory intervention.  In this conversation, John Pitts, Head of Public Policy at Plaid, shares how the growth of open finance in the US market has been primarily driven by consumer expectations for more personalized and convenient financial services. He also covers how, over time, banks have formed dee ..read more

Monet and Belvo partnered to explore the use of open finance data and machine learning techniques, successfully building a new credit scoring model. In the world of finance, credit plays a fundamental role. It allows people to access loans and other financial services, but unfortunately, many people in Latin America lack access to these opportunities due to a lack of credit history or an expensive traditional financial system. It is in this context that Monet, a fintech specializing in small loans in Colombia, has embarked on a mission to develop inclusive financial services based on open fina ..read more

The Belvo Open Finance Score, powered by FICO, will help lenders make more accurate and inclusive risk assessments. FICO, a global analytic software company and recognized leader in AI decisioning platforms, and Belvo, the leading open finance data and payments platform in Latin America, today announced a strategic partnership aimed at expanding credit access in Latin America.  The two firms are developing an interpretable and explainable machine learning model that will provide a score based on consumer-permissioned transaction-level data, aimed at increasing credit access for consumers ..read more

Account-to-account (A2A) payments are emerging as a disruptive force in the global financial ecosystem. As this payment method gains traction worldwide together with open finance and instant payment initiatives, it is essential to understand the evolving trends and their potential impact on various regions, including Latin America.  What if the only thing your user needed to do an online payment was their bank account? That’s the promise of open finance (or open banking) payments, a type of account-to-account (A2A) payment where the funds go directly from the payers’ bank account to the r ..read more