Open Finance: Colombia’s path towards its implementation

Colombia hacia la implementación del Open Finance

A few months ago, the Superintendency of Finance Colombia’s Financial System Supervisory Authority (SFC) issued an internal circular establishing the rules for implementing Open Finance in the country. This corresponds to the second of four planned phases, and thus continues to promote the adoption of this growing financial model, which aims to… The goal is […]

The power of bank card personalization

personalización de tarjetas bancarias

The widespread adoption of bank cards today, combined with the power of card personalization, means a unique opportunity for card issuers to stand out, gain customers and preference in today’s competitive financial services market. According to the “Personalization Pulse Check” study by consulting firm Accenture, which consisted of a survey of 1,500 consumers between the […]

Credit cards in Colombia aim to be the most beneficial credit product.

emisión tarjetas de crédito

  Since mid-March, interest rates for credit card purchases in Colombia have fallen by around 20 percentage points, as a measure to maintain the financial wellbeing of users, boost the country’s economy and continue increasing the levels of financial inclusion, which benefits both financial institutions and users. The announcement of lower rates was made by […]

HSM as a Service: an ideal solution for payment security

  Using a Hardware Security Module (HSM) is a best practice for ensuring the security of financial transactions and payments. However, acquiring and maintaining an HSM can be costly for growing businesses, making HSM-as-a-Service (HaaS) an ideal security solution for fintechs, neobanks, and other growing entities. The first thing to […]

5 steps to ensure secure issuance of instant financial cards

emisión segura de tarjetas financieras

  La emisión instantánea de tarjetas débito o crédito es uno de los productos financieros más usados, ya que permite a los clientes obtener una tarjeta de forma rápida y cuando realmente la necesitan. Sin embargo, con la creciente amenaza de fraude y robo de identidad, es importante que las instituciones financieras escojan […]