Sensedia, a global leader in API and integration solutions, and Incore, a Malaysian provider of identity verification solutions, have announced a strategic partnership to bring Sensedia’s API Gateway and open banking expertise to the Malaysian market. This collaboration aims to empower companies to develop secure, API-first strategies, aligning with Bank Negara Malaysia’s recent directives on API security and standardization.
Under this partnership, Incore will operate as a reseller for Sensedia’s API solutions, offering localized support for sales, implementation, and training. This arrangement is designed to facilitate the direct entry of Sensedia’s technology and specialized knowledge into the Malaysian ecosystem.
Sensedia brings over 15 years of experience in digital transformation, open banking, API management, and governance. With a growing international presence, the company assists businesses in navigating and thriving within interconnected digital environments.
Lisa Arthur, Senior Vice President at Sensedia USA and APAC, commented on the development: “Bank Negara Malaysia’s latest directives signal a commitment to a more open and connected financial landscape. We are honored to bring our knowledge and success stories to Malaysia, helping companies navigate their Open Finance journey and to inspire a new era of innovation.”
Alan Tan, Managing Director of Incore, added: “Sensedia shares our vision for a highly integrated Malaysian financial ecosystem and our commitment to nation-building. Their transformative work in Brazil’s globally recognized Open Finance journey positions them as the ideal partner to accelerate Malaysia’s path forward.”
Sensedia is scheduled to participate as a global open banking thought leader at the inaugural Malaysia Open Banking Summit, taking place at the Concorde Hotel Kuala Lumpur on August 20th and 21st. The summit will feature discussions on open finance developments in various regions, including Brazil, Colombia, Chile, the United States, and the United Kingdom.
Sensedia specializes in API management, integration, and microservices, providing solutions that support agile, modern, and scalable architectures to facilitate data access, enhance digital experiences, expand business models, and connect complex ecosystems.
Incore Innovation, based in Malaysia, focuses on digital identity, security, and compliance. For over ten years, the company has delivered secure and scalable solutions to government agencies, banks, telecommunication providers, and enterprises, concentrating on transaction security, data protection, and integrating technology with governance to foster innovation.