Despite efforts, the financial health of Brazilians is still concerning. A Febraban survey showed that 23.3% of respondents are "completely" or "very" financially strained, and 42.6% "never" or "rarely" see money left over at the end of the month. Another survey by CNDL/SPC Brasil reveals that 47% of Generation Z youth do not manage their finances, and 37% have already had their credit negatively affected. Only 17.8% of Brazilians are able to cover expenses and still save. The scenario is worsened by a combination of factors, including high unemployment rates, inflation, and a lack of financial planning and education.

As a way to remedy the situation, a solution adopted by companies as an educational agenda for their clients is Open Finance. The main idea behind the concept is to promote greater competition and innovation in the financial sector, allowing consumers and businesses to access a wider range of personalized financial products and services through data sharing. With Open Finance and the recognition that the user holds rights over their information, it is possible to create space for the user's monitoring and understanding of their own financial situation to be simplified.

Initiatives like this have raised awareness among people about the importance of saving and planning finances. When equipped with convenient and personalized tools and information, users are able to make better decisions about their money. It is the example of the company Oinc, which developed its solution to act throughout the entire Open Finance process together with the startupkeys, which helps companies make decisions based on data and analytics primarily through the innovation provided by the model.

In practice, the services developed with Oinc are intrinsically linked to Open Finance. At this point, Klavi acts as a partner that enables access to this ecosystem, allowing Oinc to provide users with regulated Open Finance banking connections. Through this, if the user bought something for R$4.50, Oinc, with Klavi's technology, can round up the purchase to R$5.00 and automatically save the excess R$0.50, helping the user save money with better expense management, thus starting their financial education in practice.

“We were able to show with the tools that small actions, carried out on a recurring basis, generate great results, and that understanding the reasons for financial problems and proposing customized solutions is much more efficient than making the person responsible for managing personal financial control with generic guidelines alone,” explains Bruno Moura, business director at klavi.

With technology, it is possible to save over R$1,000.00 in one year, considering an average income profile, automatically, just by rounding cents. Aligned with other ways of automatically saving and the yield of each contribution, the results can be significantly higher.  

Open Finance opens doors for the emergence of accessible and personalized solutions. Oinc's simple, automatic solution fits into the busy lives of those who don't always have time to manage their money. We want to show that there is a way to regain financial control without complications, comments Oinc's CEO, Gabriel Duarte.

With the partnership between Klavi and Oinc, users have already saved over R$500,000 in cents since July 2022. For Bruno Moura, Klavi's spokesperson, this shows that although the individual impact of saving a few cents with each purchase may be small, it should not be underestimated when done regularly. "Once a person understands the impact of better financial education, applied in their own context, that is where the potential for growth lies. What was once boring and laborious now has a new meaning," comments Moura.

Today, both companies have more than 10,000 people positively impacted by technology, simply putting their finances on "autopilot" and improving their relationship with money.  

"For us, one of the most rewarding moments is when we receive feedback from a user who had never been able to save money before, and now is buying something they always wanted or taking an important step in their life. With Open Finance, we gain access to an environment where users have the security and convenience to share their data and seek services that make sense for them," concludes Moura.  

Nokia today announced that it has been chosen by the Information and Coordination Center of Ponto BR (NIC.br), an entity linked to the Internet Management Committee in Brazil (CGI.br), to enhance the performance of IX.br (Brazil Internet Exchange), the largest set of Internet Traffic Exchange Points (PTT) in the world. Nokia's advanced IP routing solutions will support NIC.br in its mission to interconnect the Brazilian Internet ecosystem in terms of growth and reliability.The NIC.br network update occurs at a time when the country is experiencing massive growth in internet and data traffic, which is expected to reach 218.5 million users and over 50 terabits per second (Tb/s) in the next five years.

NIC.br is responsible, among various initiatives, for registering and maintaining the . domain.Furthermore, through the IX.br project, to implement and promote the infrastructure for direct interconnection between the networks that make up the Internet in Brazil. The project currently has 36 Traffic Exchange Points (PTTs) distributed across metropolitan areas in the five regions of the country and connects more than 3,500 Autonomous Systems (AS), facilitating data traffic between Internet service providers, content providers, hosting service providers, hyperscalers, among other network operators. With Nokia's IP routing technology, NIC.br can increase its network capacity, enhancing resilience and availability to elevate network automation to a new level, for a better customer experience.

Part of NIC.br's technology will be replaced by Nokia 7250 and 7750 (IXR) routers, which operate with EVPN services and 400/800G interfaces. Nokia is a leader in the industry in standardization and expansion of the EVPN protocol, a cutting-edge VPN solution that provides a unified architecture, both in the control plane and the data plane, and works with a wide range of operators, corporate VPN services, and network infrastructures. EVPN offers a variety of benefits to service providers and their customers, such as increased efficiency, reliability, scalability, and simplified infrastructures with advanced automation.

Julio Sirota, Infrastructure Manager at IX.br/NIC.br, said: “Nokia is a trusted and strategic partner for us, and has proven its ability to deliver next-generation network solutions that meet our needs and expectations. By upgrading our network infrastructure with Nokia routing platforms, we will be able to offer faster and more reliable connectivity to our customers and partners, as well as foster the development of new applications and services that will benefit the entire Brazilian society.”

Vach Kompella, Vice President, IP Networks, Nokia, said: “Traffic interconnection point giants like NIC.br are at the forefront of managing Internet traffic and data as Brazil’s relentless growth is fueled by hyperscalers, ISPs, content providers and network operators. Upgrading NIC.br’s network with increased capacity, reliability and automation is essential to keep up with the exponential growth of the Internet in Brazil. Nokia’s routing solutions are designed to handle the world’s most demanding traffic environments and enable the delivery of high-quality services such as EVPN. We are excited to work with NIC.br as they seek to expand, connect and empower the Brazilian Internet ecosystem.”

Rodolfo Helmbrecht joins OmniK, the leading solution in Brazil for e-commerces that wish to expand their operations without the complexity of managing additional inventory, as Chief Client Officer (CCO), in order to ensure the success of strategic marketplace projects and develop a long-term relationship with customers.

With his vast experience, which includes his last position at ANYMARKET, where he served more than 2,000 clients throughout Latin America, Rodolfo has a diverse background in areas such as marketing, sales, partnerships, customer success and international expansion, ending in his position as CEO, with clients in 7 countries and the execution of 2 M&A projects in Chile and Uruguay.

Initially, Rodolfo will report to Matheus Pedralli and will work on client engagement, assisting them in the channel expansion process through the multivendor platform. "Rodolfo's baggage and his strategic vision fill the gap we needed to enhance the long-lasting relationship between clients and OmniK," explains Pedralli.

"I follow the e-commerce market in Brazil and Latin America, and I have always identified with Omnik's vision, helping companies from different segments to enhance their results with the marketplace business model. I believe this is the ideal moment to contribute knowledge to a place that has been experiencing such rapid growth," comments Helmbrecht.

Rodolfo has extensive experience in the marketplace market, having developed an ecosystem of more than 100 marketplaces in Latin America and participated in the launch of important projects, such as Shopee, C&A, Renner and Centauro, among others.