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Todd Schweitzer
Todd Schweitzer is the co-founder and CEO of Brankas, a leading global open finance technology provider based in Southeast Asia.12 He founded Brankas in 2016 with Kenneth Shaw to address technology gaps hindering fintech-bank partnerships.4
Schweitzer has a diverse background in finance, technology, and public policy:
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Education:
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Professional Experience:
- Prior to Brankas, he held senior roles in private equity and management consulting13
- Director of Operations at Seawood Resources, a Manila-based private equity firm5
- Engagement Manager at Strategy&, part of the PwC network5
- Community Economic Advisor for the Peace Corps in Santo Domingo, Dominican Republic5
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Current Roles:
Schweitzer is based in Manila, Philippines, and has been living in Southeast Asia for over seven years.4 He is also the founding Director of Open Banking Exchange Asia, which brings together policymakers and industry leaders to develop common standards and best practices in the region.2
Highlights
The 2nd annual Open Finance Revolution brought together 500+ banks, lenders, regulators, startups, and global tech leaders. We learned about: --New business models to "commercialize" Open Finance --New technologies to enable secure data sharing --Central Bank and Data Privacy initiatives to drive innovation and safe adoption --Payments and remittances using Open Finance tech --Cross border Open Finance to serve the millions of Overseas Filipino workers and their families and more!
Big thanks to sir Anatoly (Jing) Gusto of the Bangko Sentral ng Pilipinas and Dep Comm Leandro Angelo Aguirre of the National Privacy Commission for your insights and Philippine government support for Open Finance.
Thank you to the Fintech Philippines Association for your leadership, and to the sponsors and organizers that made this happen: IBM Aileen J. Grab for Business Philippines Xendit Sevi Reyes PeekUp Dave Almarinez Gorriceta Africa Cauton & Saavedra | GorricetaLaw Mark S. Gorriceta Boost Capital Gordon Peters Lucinda Revell Marc Wernicke Dobin Khaled Benguerba Brankas Yang Teo Weslee Trout Jove Tapiador Amor Maclang Maria Gaitanidou Catherine S. Jalandoni
Indonesia's Central Bank approved Brankas for its first-ever payments license enabling end-to-end Open Banking. The Account Information Service (AInS) category allows Brankas to securely retrieve customer-consented account data for instant funds transfer and more. It's a milestone for Indonesian fintech, and a win for banks, businesses, and consumers.
Brankas continues to be the pioneer for secure Open Finance across SE Asia. I'm grateful to work alongside open-minded regulators and gov't leaders that see the value in new technologies that enhance security, reduce cost, improve competitiveness and empower the next generation of financial institutions and startups. Thanks to Pak Dicky Kartiyokono and the Bank Indonesia Payments Division for their trust, and to the Brankas Legal, Compliance, IT Security, and Product teams for their diligent work to make this happen.
