FinovateAsia 2021 / FinBit.io
Presenter Profile:
How they describe themselves: FinBit.io is a solution of Envestnet | Yodlee, a leading financial data aggregation and analytics company. Envestnet | Yodlee helps consumers live better financial lives through innovative products and services created for more than 1,400 financial institutions and FinTech companies, including 15 of the top 20 U.S. banks. FinBit.io enables financial institutions and FinTech companies in India and APAC markets. More details available at https://www.yodlee.com and https://finbit.io/.
How they describe their product/innovation: To help Banks and Financial Information Providers open up their APIs according to Open Banking Standard, which is also called Account Aggregator Guidelines in India, we have come up with an Open Banking Adapter innovation that transforms Bank’s Data and Access layers according to the specification. The transformation layer also adds in all the other relevant components to address security and consent management protocols as defined by the regulator.
Product distribution strategy: Direct to Business (B2B), through financial institutions
Contacts
Bus. Dev.: Prashant Paliwal, prashant@finbit.io, +91 9980099225, Dhruv Manga, dmanga@yodlee.com, +91 9871175240, Debashish Raut, debashish@finbit.io, +91 9971735959, & Anuj Rai, anuj@finbit.io, +91 9538313081
Press: Prashant Paliwal, Executive Director – APAC, prashant@finbit.io, +91 9980099225