Jakarta, Indonesia – September 17, 2024 – Brankas today announced the integration of its Brankas Disburse API with Bank Central Asia (BCA). Brankas Disburse is a multi-bank API that enables bulk and instant disbursements of loans, salaries, payouts, and insurance premiums. Businesses using Brankas Disburse API can now do bulk disbursements through their BCA corporate accounts, in addition to their Bank Permata accounts.
Today, Brankas Disburse API is one of the only disbursement solutions that offers real-time settlement, meaning money is moved instantly without the risks of fraud and lost funds associated with traditional escrow methods.
Brankas holds the Payment Service Provide (PJP) Category 2 License and Category 3 License from Bank Indonesia, and is expected to add more bank integrations for major Indonesian banks this year.
Brankas is a leading global open finance technology provider. We provide API-based solutions, data and payments solutions for financial service providers (like banks, lenders and e-wallets) and online businesses. Brankas partners with banks to build and manage their open finance infrastructure, producing APIs for real-time payments, identity and data, new account opening, remittances, and more. With Brankas' secure open banking technology, online businesses, fintech companies and digital banks can use Brankas APIs to create new digital experiences for their users.
Singapore’s Brankas will enhance open finance infrastructure with Arab Financial Services (AFS) in the Middle East and Africa. Read about the partnership today.
Open finance leader Brankas has announced a new feature enabling instant bank account opening as an “embedded finance” experience on third-party applications.
Back
