Open finance leader Brankas has announced that it has acquired both the Payment Service Provider (PJP) Category 3 License from Bank Indonesia (BI) and the Operator of Payment Systems (OPS) Registration from the Bangko Sentral ng Pilipinas (BSP). The certifications confirm that Brankas meets all local regulatory and security standards for its Open Finance payment solutions.
Brankas provides Open Finance technology solutions to financial institutions and online businesses across Asia-Pacific, building the region’s supply of available financial API products while making it easier than ever for online businesses to add embedded finance to their own products.
The Brankas Open Finance Suite enables any financial institution to launch their own Open API products in 8 weeks or less, and Brankas aggregated data and payments APIs enable customers greater choice, flexibility, and security in accessing financial services.
We now provide 80% market coverage in Indonesia, the Philippines and Thailand, and has since expanded to Singapore, Vietnam, and Bangladesh.
For more information on Brankas solutions, visit https://brank.as/ where you can sign up for sandbox access.