SINGAPORE - Media OutReach Newswire - 21 May 2024 - Yew Digital Lock, a leader in advanced security solutions, is proud to announce its new status as the sole
Open Finance technology leader Brankas has developed “Brankas Open”, a first-of-its-kind open-source license for the next generation of Banking-as-a-Service and Open Finance software.
The “Brankas Open” license is meant to encourage digital banking and fintech innovation and lower the cost barriers
SINGAPORE, Nov. 24, 2022 /PRNewswire/ Open Finance technology leader Brankas has developed "Brankas Open", a first-of-its-kind open source license for the next generation of Banking-as-a-Service and Open Finance software. The "Brankas Open" license is meant to encourage digital banking and fintech innovation and lower the cost barriers for startups, neobanks, and even traditional institutions to quickly prototype and launch new solutions, while retaining their own source code. Customers will benefit from more choice and better user experience, as companies have open access to use, modify, redistribute, and collaborate on the publicly available Brankas Open code. The inspiration for Brankas Open came when Brankas received a grant from the Monetary Authority of Singapore in November 2021 to develop Brankas APIX Open Core, a proof of concept open source core banking system. Recognizing the need for a modernized Open Source framework to address new Open Finance technol