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.
Oct 27, 2022 — 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.
The payments industry has found a dynamic and fast-paced market in Asia in recent years. According to consultancy firm McKinsey, payments revenue growth in the region is forecast to increase 7 percent between 2021 and 2025, driven by rapid developments in digital infrastructure, the surge in B2B activity, and the increasing appetite for digital wallets and real-time payments. Now is the best time to explore how an IPG can support Asia’s increasingly complex demands for payments.
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