Brazil did PIX which in that case the middleman is the government and everyone got to benefit from

Isn't PIX a payment scheme?

Open banking is slightly different, as it's more about account access (although with read+write access, you can kind of build it into a payment scheme as well, although it's usually clunky).

You're right, they are actually one step ahead and into what is now called Open Finance and aims at extending Open Banking beyond the original vision.

The brazilian central bank has a page about it[1]

[1] https://www.bcb.gov.br/estabilidadefinanceira/openfinance

When you say rest of the world, what countries exactly do you mean? I'm from the Czech Republic and the process is also insurmountable for a regular company. You either go through a middleman or you can apply for a license (only 4 companies in the entire country ever got it and it costs upwards of $50k in legal fees just to file the application).

Why don't you just tell us, rather than give us homework?

Can you just link us to the relevant pieces? I rather not search on my own and read wall street propaganda on why it's bad (which is what I'm finding and not interested in).

Here's a McKinsey report on Pix, Open Banking, and Open Finance in Brazil[1]

[1] https://www.mckinsey.com/br/~/media/mckinsey/locations/south...