APIs and Open Banking are often seen as many bilateral exchanges with no central system or organisation. Nearly all countries have some central standards, directories, helpdesks or testing tools, as described here.
Learn more about current Open Banking and Open Finance topics and deep dive into specific issues and concerns.
The Open Finance Handbook serves as a template for Open Banking in Colombia and provides a foundational element to understanding the Colombian Open Finance ecosystem.
The Open Finance Ecosystem describes the main players and how they interact within an Open Finance Framework.
The Timeline brings together different sources and shows in a simple way, the key milestones of the rollout of Open Finance.
There are many terms that are used in Open Finance, and the Open Finance glossary describes what they are mean and how they are used in an Open Finance context.
The key concepts and operational relationship between players in Open Banking. This powerpoint describes how the players and components described in the Glossary work together.
The Access to Account Lifecycle are the five fundamental steps that a FinTech or API user must take when using Open Banking or Open Finance APIs. This document describes the steps and serves as a springboard for a deep dive into each topic.
During industry discussions in June 2021, the Colombian ministry of finance raised a number of questions about the direction and strategy for rolling out Open Finance in Colombia. Based on five years of experience Open Banking Exchange submitted a detailed set of responses.