Far Eastern International Bank Bankee Community Bank Awarded Gartner Asia Pacific Financial Services Innovation Award

        Gartner, a globally renowned technology consulting and research institution, recently announced the list of winners of the 2022 Asia Pacific Financial Services Innovation Award. Far Eastern International Bank Bankee, a community bank, defeated over 100 entries with its innovative business model and excellent service experience, becoming one of the three award-winning enterprises and the first Taiwanese financial institution to receive this honor, shining brightly at the National Taiwan University of International Dance.

        The purpose of the Gartner Financial Services Innovation Award is to recognize the innovative application of digital technology, products, or services worldwide. The competition for the award is fierce, attracting nearly 170 countries and 300 financial institution cases from around the world to compete in 2022, with only 9 cases from the Asia Pacific region making it to the finals. In the past, award-winning institutions in the Asia Pacific region were mostly large financial holding companies, securities firms, and insurance companies. This Bankee community bank award reflects an innovative business model that integrates community, co creation, sharing, and technological elements. It has become a new trend in the financial industry and has been highly recognized internationally.

        In terms of business model, Bankee Community Bank is the world's first sharing economy bank, aiming to help customers become online bankers. Through the B2B2C model, open APIs are used to connect and integrate new products BaaP (Bank as a Platform) and BaaS (Bank as a Service), and innovative dual helix strategies are utilized to continuously evolve digital applications. Customers collaborate with Bankee products on this platform to create and share profits, achieving success.

        In terms of technological application, as the first open financial platform in Taiwan, BaaP, Bankee Community Bank provides enterprises and startups with the service of listing financial products or services to Bankee Financial Department Store, jointly creating Taiwan's first financial department store and establishing an innovative and diverse financial ecosystem, including the innovative new P2P commercial cash flow model, HR's pioneering human capital financial ecosystem, etc., providing more diverse and convenient financial experiences for the public.

        Dai Songzhi, Vice President of the Digital Finance Business Group, stated that before Bankee Community Bank was recognized for this award, it had successfully formed over 30000 online branches (community circles), demonstrating the significant effectiveness of the community finance recommendation and sharing mechanism. Facing the New Normal and new finance in the post epidemic era, Bankee Community Bank will continue to develop an open community platform, connect the financial ecosystem and Big Data, and create the maximum benefits for shareholders, customers and banks.

        Bankee Community Bank has become an innovative model for the development of financial technology in Taiwan. This award is not only an affirmation of Bankee Community Bank, but also an recognition of Taiwan's financial technology innovation.

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