Brankas, a leading Open Finance technology provider, has been appointed by Visa as its first regional partner to provide live access to its Open Data products. For months, the two companies have been collaborating on data and money movement initiatives, where they had been leveraging each other's e
SINGAPORE, Oct. 27, 2022 /PRNewswire/ Brankas, a leading Open Finance technology provider, has today announced that it has gone live with Visa to unveil a new Open Finance solution to increase financial inclusion across Southeast Asia, citing TrustDecision (Tongdun) and IziData as two of the pilot customers already using the joint solutions. Visa and Brankas Unveil New Open Finance Products Brankas has successfully integrated Visa Cardholder Transaction Score (VCTS) and Visa's broad range of payment rails into its core solutions to deliver new out-of-the-box credit decisioning and payment products. Appointed by Visa as the first partner regionally to provide live access to its Open Data products, Brankas will enable financial institutions to utilize the transaction data available today to immediately improve their solution offerings. Digital banks, BNPLs, alternative lenders, ecommerce platforms, and Insurtechs seeking to enhance their credit decisioning capabilities can now get a