Open Finance: Brankas Launches Asia Pacific's Multi-Bank API For Instant Account Opening crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
Brankas' Account Opening API is integrated with four banks in Indonesia and the Philippines, enabling an "embedded finance" experience in any app. JAKARTA, Indonesia, Feb. 29, 2023 /PRNewswire/ Open finance leader Brankas has today announced a new feature enabling instant bank account opening as an "embedded finance" experience on third-party applications. The API is the first of its kind in the region, launched first in Indonesia and the Philippines. As a bundle with Brankas' market-leading data and payment solutions, any merchant or consumer app can provide fintech experiences to their users. Using the new Account Opening API as part of Brankas' wider banking API suite, businesses such as Personal Finance Management apps can help their users to create and move funds into high-interest accounts. HRIS platforms and lenders can also allow users to create specific bank accounts quickly to disburse salary and loan payouts. In addition, Brankas sees this as
AFTER losing $260 million to digital scams in 2019, online fraud continues to emerge as a top critical enterprise risk for Southeast Asian businesses. In the Philippines alone, such cases jumped in the logistics sector by 236 percent in the second quarter of 2022 from a year ago; telecommunications, up…
/PRNewswire/ Brankas, a Singapore-based fintech, today announced that it has been appointed by Arab Financial Services (AFS), the leading digital payment.
Brankas, the leading global open finance technology provider, and Element Inc , the privacy-led, modern AI pioneer in digital identity services used to verify a person´s information quickly and seamlessly, today announced a strategic partnership to introduce an additional layer of security to detect