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ASEAN Financial Innovation Network to launch API hub for FIs and fintechs

The ASEAN Financial Innovation Network (AFIN) announced the launch of the world’s first cross-border, open architecture fintech marketplace, to promote collaboration between financial institutions and fintech firms. The open-architecture API platform — API Exchange (APIX) — will act as both a marketplace and a sandbox, to enable interactions among financial institutions and fintech vendors in participating jurisdictions. According to the announcement published by…

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