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Fraud surges as digital transactions dominate worldwide

Fraud surges as digital transactions dominate worldwide
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Brankas develops world's first Banking-as-a-Service open source license

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 ....

Alex Toh , Kenneth Shaw , Darren Leong , Brankas Apis , Technology Iptech , Monetary Authority Of Singapore , Open Finance , Brankas Open , Monetary Authority , Open Source , Ren Jun Lim , Baker Mckenzie , Singapore Based Intellectual Property , Open Banking , Nov 24 , 022 Prnewswire Open Finance Technology Leader Brankas Has Developed Quot , A First Of Its Kind Open Source License For The Next Generation Banking Asa Service And Finance Software Quot Brankas Is Meant To Encourage Digital Fintech Innovation Lower Cost Barriers Startups , Nd Even Traditional Institutions To Quickly Prototype And Launch New Solutions , Hile Retaining Their Own Source Code Customers Will Benefit From More Choice And Better User Experience , S Companies Have Open Access To Use , Nd Collaborate On The Publicly Available Brankas Open Code Inspiration For Came When Receiveda Grant From Monetary Authority Of Singapore In November 2021 To Develop Apix Core , A Proof Of Concept Open Source Core Banking System Recognizing The Need Fora Modernized Framework To Address New Finance Technology , Rankas Looked To Existing Open Source Licensing Frameworks In Order Develop Brankas Felt That This Framework Was Necessary Protect Community Contributions , Nsure Open Access , Nd Comply With Financial Institutions 39 Data Protection And Security Requirements The Brankas Open License Is Available On Website At Https Www Com Github Openbank Core Quot Allows Our Team To Build Contribute Ina Way That Fair , Nd Open To Independent Developers ,

Visa and Brankas go live with global partners, unveiling new Open Finance products

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 ....

Todd Schweitzer , Trustdecision Tongdun , Brankas Apis , Tareq Muhmood , Visa Group Country , Group Country , Open Finance , Southeast Asia , Brankas Unveil New Open Finance , Visa Cardholder Transaction Score , Open Data , Finance Suite , Branka Open Finance , Group Country Manager , Regional Southeast Asia , Client Management , Oct 27 , 022 Prnewswire Brankas , A Leading Open Finance Technology Provider , As Today Announced That It Has Gone Live With Visa To Unveila New Open Finance Solution Increase Financial Inclusion Across Southeast Asia , Iting Trustdecision Tongdun And Izidata As Two Of The Pilot Customers Already Using Joint Solutions Visa Brankas Unveil New Open Finance Products Has Successfully Integrated Cardholder Transaction Score Vcts 39s Broad Range Payment Rails Into Its Core To Deliver Out Box Credit Decisioning Appointed By First Partner Regionally Provide Live Access Data , Rankas Will Enable Financial Institutions To Utilize The Transaction Data Available Today Immediately Improve Their Solution Offerings Digital Banks , Alternative Lenders , Ecommerce Platforms , Nd Insurtechs Seeking To Enhance Their Credit Decisioning Capabilities Can Now Get Access Valuable , Erified Data That Revealsa Cardholder 39s Aggregated Spend Insights And Creditworthiness This Dramatically Improves Risk Evaluation Methods Enables Automated Credit Decisioning To Facilitate Faster Processing Of Services Such As Loans Card Issuance Brankas Visa Have Also Jointly Developeda New Account Payment Solution Enable More Ways For Domestic Cross Border Money Movement Using 39 Established Banking Network In Asia Global Rails ,

Brankas and Kaya Founders launch the Philippines' first Open Finance accelerator programme for early-stage startups

Quick Facts For The Media: 11 startups will embark on an 8-week long accelerator programme to build the new wave of Open Finance products for the Philippines and Southeast Asia. Brankas and Kaya Founders, along with local partners, will support the startups through mentorship, networking, product development, and eventually sponsor 3 winners to attend the Singapore Fintech Festival on 2-4 November where they will present at the main stage. In addition, they would also be eligible for USD 100K in investment and much more. SINGAPORE, Aug. 29, 2022 /PRNewswire/ Brankas, the leading open finance technology company in Southeast Asia, alongside Kaya Founders, an early-stage investment firm that backs visionary entrepreneurs in the Philippines and Southeast Asia, jointly launched the inauguralOpen PHinance Challengeearlier this week. The Open PHinance ("Finance" + "Philippines") Challenge is an 8-week accelerator programme to generate innovative, high-value open finance p ....

Todd Schweitzer , Spiro Carbon Group , Datacultr Fintech , Sonicboom Solutions , Quick Facts For The Media , Open Finance , Kaya Founders , Singapore Fintech Festival , Southeast Asia , Artificial Intelligence , Carbon Group , Demo Day , Quick Facts For The Media 11 Startups Will Embark On An 8 Week Long Accelerator Programme To Build New Wave Of Open Finance Products Philippines And Southeast Asia Brankas Kaya Founders , Long With Local Partners , Ill Support The Startups Through Mentorship , Product Development , Nd Eventually Sponsor 3 Winners To Attend The Singapore Fintech Festival On 2 4 November Where They Will Present At Main Stage In Addition , Hey Would Also Be Eligible For Usd 100k In Investment And Much More Singapore , Aug 29 , 022 Prnewswire Brankas , He Leading Open Finance Technology Company In Southeast Asia , Longside Kaya Founders , N Early Stage Investment Firm That Backs Visionary Entrepreneurs In The Philippines And Southeast Asia , Ointly Launched The Inauguralopen Phinance Challengeearlier This Week Open Quot Finance Philippines Challenge Is An 8 Accelerator Programme To Generate Innovative , Igh Value Open Finance Products For Early Stage Startups In The Philippines To Creatively Solve Their Audience Or Operational Needs During Opening Address , Todd Schweitzer ,

Skience Accelerates Growth Trajectory in Q1 with Technology Enhancements, Strategic Partnerships, and New Clients

Press release content from Business Wire. The AP news staff was not involved in its creation. ....

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