Last September 17, Brankas and the Fund Managers Association of the Philippines (FMAP) hosted a first-of-its-kind event to educate financial services professionals on the opportunity of Open Banking. Titled “The State of Open Banking in the Philippines and Lessons from the Global Market”, the event was well-attended by over 200 members of FMAP.
Marco Palinar is proof of how sometimes, life sends you on a path, different from what you set out for yourself. The Brankas spotlight turns on for our resident UI/UX guy, all-around-design-master, Pay Product Manager, rockstar, and sneakerhead- Marco. He gets candid about his beginnings, his career evolution, and his Brankas baby - Pay.
In recent years, there has been a push for tighter Open Banking regulations in Indonesia, and the government has unveiled the Indonesia Payment System Vision 2025 that opens up countless opportunities to weave Open Banking practices into the business model of many companies.There is a need to provide services that are accessible, low cost, and reliable, allowing any business to easily integrate technologically-reliant services into their platforms.
HuB Spotlight: Avani Ajmera Shares How Passion Meets Vocation in Her Role as Finance Director
Open Banking might be a hard pill to swallow, but it can bring about many benefits that are not met with today's financial system, including improving customers' financial health by allowing them to view their financials in one place, to gain insights on their spending habits, to make payments efficiently from one place, etc. To realize this vision, participation from regulators, banks, and startups is a requirement rather than a nice-to-have.
Michelle Christine: Next Generation People Operations Associate - She talks about her beginnings, her love for people and culture, and where she's taking the future of Brankas recruitment.
We have been operating as a remote-first company from our founding in 2016 and we have learned some remote-work best practices over the years. Outlined below are what worked for us and what we are still working on when it comes to remote-working.
Brankas Statement provides a verified, accurate, secure, and instant statement retrieval. Lenders can instantly access customers' financial transaction data, identity data, and real-time account balances. Brankas Statement integrates seamlessly with a lender's mobile application or website, eliminating the need for paperwork, branch visits, or manual data entry.
On June 8th, we held our virtual GoManila meetup for developers interested to learn more about Golang.
Randy Cahyana: Coding Sparks Joy - Randy shares his adventures starting out, the joy of coding, lessons learned, and what’s next at Brankas.
Open banking initiatives are sprouting globally, as more banks recognize the commercial and product innovation opportunity. Banks are thinking differently.
Working from home over the last two months created a new reality where most transactions have to be done remotely via an app or website. Enter Brankas Direct - Direct was built to simplify bank-to-bank payments.
Mike joined [Brankas](https://brank.as) this year and is leading the team full steam ahead. He grew up in Indonesia and Australia and believes his diverse background contributes greatly to how he breaks down and solves problems. Mike has always been passionate about finding solutions that help people. That’s his philosophy and CPO mission.
Banks in Southeast Asia rely on retail branches to serve existing customers and bring in new ones. Since the COVID-19 pandemic began, banks have scaled down their branch networks to protect their employees, comply with local restrictions, and simplify logistics like cash collection. At the same time, retail and corporate customers are counting on digital banking services more than ever. How are banks addressing the sudden change in demand?