24 July 2026 | Friday | News
Picture Courtesy | Public Domain
Shanghai Commercial Bank (“Shacom Bank”) partners with Planto to launch its advanced Inter-bank Financial Insights solution in early 2026, built on the Hong Kong Monetary Authority’s Interbank Account Data Sharing (IADS) framework. The bank offers the most comprehensive IADS cross-bank account analysis functions for its corporate customers in Hong Kong. Through the “Shacom Business” mobile app, Shacom’s corporate customers can integrate account data from multiple banks with just a single click, gaining a comprehensive view of their financial status, with enhanced cross account transparency, and strengthened risk defense.
With IADS, we’re giving banks a new BFM layer that transforms days of financial work into seconds, helping SMEs understand their finances, act faster, and run with greater control
Inter-bank Financial Insights solution consolidates multi-bank data and delivers real-time insights, enabling the bank’s SME customers to better understand and manage their finances with greater clarity and speed. By replacing days of manual work with intelligent automation, the platform significantly enhances financial visibility and decision-making for SMEs. The solution turns raw banking data into actionable intelligence — surfacing cash flow trends, automating routine analysis, and empowering the bank’s SME customers to make faster, more confident business decisions while delivering an enhanced banking experiences.
Mr. Ryan Fung, Deputy Chief Executive, Chief of Retail & Digital Strategy of Shanghai Commercial Bank said, “Shanghai Commercial Bank is committed to leveraging innovation to meet customers’ evolving needs. We are pleased to partner with Planto to offer the advanced Inter-bank Financial Insights Solution in Hong Kong. By launching Hong Kong’s most comprehensive Interbank Analytics Platform, the bank has been actively expanding innovative fintech solutions that support SME business growth. Through intelligent data insight and secure platforms, we help SMEs enhance operational efficiency and deliver superior user experiences. Guided by the missions to be a trusted, future ready bank that drives innovations, Shacom strives to be a dependable partner to the SME customers at every stage of their growth journey.”
Fintech Business Asia, a business of FinTech Business Review
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