Live Breaking News & Updates on Brankas 39 Account Opening Api Is Integrated With Four Banks In Indonesia And The Philippines

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 ....

Jakarta Raya , Husni Fuad , Todd Schweitzer , A Bank Indonesia , Arab Financial Services , Branka Account Opening , Personal Finance Management , Bank Indonesia , Account Opening , Country Manager , Middle East , North Africa , Brankas 39 Account Opening Api Is Integrated With Four Banks In Indonesia And The Philippines , Nabling An Quot Embedded Finance Experience In Any App Jakarta , Feb 29 , 023 Prnewswire Open Finance Leader Brankas Has Today Announceda New Feature Enabling Instant Bank Account Opening As An Quot Embedded Experience On Third Party Applications The Api Is First Of Its Kind In Region , Aunched First In Indonesia And The Philippines Asa Bundle With Brankas 39 Market Leading Data Payment Solutions , Ny Merchant Or Consumer App Can Provide Fintech Experiences To Their Users Using The New Account Opening Api As Part Of Brankas 39 Wider Banking Suite , Usinesses Such As Personal Finance Management Apps Can Help Their Users To Create And Move Funds Into High Interest Accounts Hris Platforms Lenders Also Allow Specific Bank Quickly Disburse Salary Loan Payouts In Addition , Rankas Sees This Asa New Revenue Stream For Businesses That Sell Through Micro Merchants By Onboarding Customers In Rural Areas , Hich Unlocks The Use Ofe Wallets And Bnpl Brankas Expects Banks Merchants To Partner Up Offer Attractive Sign Bonuses , Hile Consumers And Corporate Customers Can Enjoya Fast , Ewarding Sign Up Experience Mostbusinesses Will Be Able To Test The Api And Go Live In Less Thana Week Indonesia , Ore Than 50 Of The Population Are Unbanked , Efined As Not Having Access To The Services Ofa Bank Or Similar Financial Organization This Denies Them Basic Including Loans , Credit Cards ,