Rankas Is Also Exploring Ways To Capitalize On Element 39s Extensive Ekyc Electronic Know Your Customer Capabilities Complement Its Composable Cloud Native Core Banking System News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SINGAPORE, Jan. 26, 2023 /PRNewswire/ Brankas,the leading global open finance technology provider, and Element Inc , the privacy-led, modern AI pioneer in digital identity services, today announced a strategic partnership to introduce an additional layer of security to detect potential frauds. In Southeast Asia, one in every three people experienced online fraud amidst this digital transformation last year. Meanwhile, online fraud emerged as a top critical enterprise risk for Southeast Asia-based businesses. This was on top of the US$260 million that they already lost in 2019 to digital fraud.[1] Brankas, the comprehensive Open Finance API platform stand to revolutionize the growth of the MSMEs in the Asia-Pacific region and provide financial access to the underserved while protecting consumer data, confidentiality, and financing via its products and services. Element can play the critical role of the identity verification layer for Brankas' Open Finance Products such as Brankas D ....

Adam Perold , Todd Schweitzer , Brankas Apis , Element Inc , Loan Management Solutions , Southeast Asia , Southeast Asia Based , Open Finance , Branka Open Finance Products , Brankas Direct , Branka Open Banking , Jan 26 , 023 Prnewswire Brankas , The Leading Global Open Finance Technology Provider , Nd Element Inc , He Privacy Led , Odern Ai Pioneer In Digital Identity Services , Oday Announceda Strategic Partnership To Introduce An Additional Layer Of Security Detect Potential Frauds In Southeast Asia , Ne In Every Three People Experienced Online Fraud Amidst This Digital Transformation Last Year Meanwhile , Nline Fraud Emerged Asa Top Critical Enterprise Risk For Southeast Asia Based Businesses This Was On Of The Us 260 Million That They Already Lost In 2019 To Digital 1 Brankas , He Comprehensive Open Finance Api Platform Stand To Revolutionize The Growth Of Msmes In Asia Pacific Region And Provide Financial Access Underserved While Protecting Consumer Data , Nd Financing Via Its Products And Services Element Can Play The Critical Role Of Identity Verification Layer For Brankas 39 Open Finance Such As Direct Or Statement Directis Currently Available In Indonesia , Nd The Philippines Businesses Can Replace Manual Bank Transfers Asa Checkout Option , Nable Directe Wallet Top Ups , Xpedite Loan Repayments To Multiple Banks Viaa Single Flow This Allows You Speed Up Day Transactions , Reeing Up That Time Spent Manually Reconciling Data For Further Innovation And Customer Centric Activities Example ,