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25/01/2023
Brankas Introduces Advanced Fraud Detection with Element
Brankas and Element Inc. partner to enable enhanced security against fraud in open finance technology. Read about the partnership in this article.
Brankas is pleased to announce its selection as the winner in the FIS InnovateIN48 Partner Edition 2023 competition. This win grants Brankas entry into the FIS partner program, unlocking a suite of benefits such as the Accelerator program, the FIS Alliance and FIS Ventures programs, and FIS developer experience initiatives.
The InnovateIN48 Partner Edition 2023 connects promising early-stage fintech companies with established industry leaders within the FIS ecosystem. Brankas emerged victorious after a rigorous selection process. Out of a pool of over 60 curated startups, shortlisted from thousands of applications across more than 500 organizations, Brankas secured a spot among the 15 finalists. Ultimately, Brankas was chosen as one of only five winners, together with CreditNirvana, CyborgIntell, Decentro, and ezee.ai, demonstrating its relevance among global open finance leaders.
The 2023 InnovateIN48 competition focused on a wide range of themes that included leveraging data and AI for smarter decision-making, navigating the complexities of digital assets, crafting exceptional customer experiences, embedded finance, and cybersecurity. The competition also welcomed innovative solutions that ventured beyond traditional fintech, exploring the intersection of finance with entirely new domains.
On May 29 2024, FIS hosted the winning companies at the FIS Bengaluru office to officially recognize these founders and their winning solutions.
In 2023, Brankas was also named as one of the Forbes Asia 100 To Watch 2023 companies.
About InnovateIN48 Partner Edition
Between rapid technological advancements, increasing data flows and the blurring of industry lines, transformative ideas are reshaping the very core of financial services. Innovation knows no bounds, whether from a bustling startup hub or the heart of an established enterprise.
The InnovateIN48 Partner Edition is all about connecting the hidden gems of fintech innovation within the FIS® ecosystem. Partner Edition is our gateway program where promising early-stage companies and leading businesses across domains get an opportunity to connect with our lines of business, the accelerator, venture and alliance partner programs and more to build a virtuous win-win ecosystem for everyone.
About FIS
FIS is a financial technology company providing solutions to financial institutions, businesses and developers. We unlock financial technology to the world across the money lifecycle underpinning the world’s financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor’s 500® Index. To learn more, visit FISglobal.com.
