OPEN BANKING: EVOLUTION OR VIOLATION THE LGPD

ABSTRACT

This article sought to present about Open Banking and the General Data Protection Law (LGPD). Open Banking is a system

that allows the bank to share its customers’ information to suggest improvements and diff erent plans for the same. Thus,

this study aimed to discuss the evolution or violation of LGPD in the context of Open Banking. The methodology used

was the literature review, where different databases (national and international) were consulted to analyze the scientific

documents available on this subject, collecting information and compiling them. Thus, it is concluded the importance of

authorizing or not the Bank to share data, to protect personal information.

Keywords: Open Banking. General Data Protection Act. GDPR