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03.2021 Group Briefing

The second phase of open bank by FET and FEIB has been launched

Far Eastern International Bank / Chen Yiru
744B01
        The second phase of the open bank cooperation between Far Eastern International Bank and far EasTone telecommunication was officially launched on January 15. Far Eastern International Bank community bank connects far EasTone telecommunication with open API , consumers can authorize according to their needs, transfer their personal data to the entrusted party, and more conveniently query the balance of the Taiwan dollar living deposit account and the current billing information of the credit card. Before January 31, far EasTone telecommunication Friday wealth management + app will experience a new open banking service, and will present 500 yuan of far EasTone telecommunication currency (equivalent to NT $500 in cash).

        In order to provide consumers with more convenient financial services, more services will be launched in the future, including: transaction details of Taiwan's foreign currency live deposit account, fixed deposit account balance, credit card historical bill information, credit card quota information, credit card bill consumption details, etc. we hope to create a one-stop integrated service to meet consumers' demand for mobile finance and realize the goal of "gold" The concept of "integration as a service".

        Dai Songzhi, deputy president of Far Eastern International Bank's digital financial business group, said: "the first stage is only for public information inquiry, and the second stage is for consumer information inquiry. It is an important key to open banks, symbolizing that Taiwan's financial sector has officially entered the era of cross industry data sharing and implementing the concept of open finance. The spirit of open banking coincides with the core concept of CO creation, sharing and common good of Far Eastern International Bank Bankee community bank. Therefore, we especially cooperate with far EasTone telecommunications to shorten the time by using the speed of agile development and put the original function of Q1 online on the shelves two months in advance, which not only shows the strength of digital innovation of Far Eastern International Bank, but also highlights Far Eastern International Bank Eastern Group is deeply committed to financial technology and actively creates a win-win situation for consumers, banks and telecom operators. 」

        

        
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