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SHENZHEN, China, Oct. 23, 2021 /PRNewswire=KYODO JBN/--

-Huawei reveals plans to strengthen the ecosystem's financial services offering

at the Huawei Developer Conference 2021

Today at its annual Huawei Developer Conference 2021(https://developer.huawei.com/consumer/en/hdc/hdc2021/index.html ) (HDC 2021),

Huawei announced plans to continue to drive innovation in the financial

services industry by exploring Open Banking capabilities with AppGallery

partners. Industry speakers joined Huawei experts to announce AppGallery's

continued push for innovation while prioritising user safety and security.

"We are delighted to share our plans for AppGallery in the financial services,"

said Siri G. Børsum, Global VP Finance Vertical Eco-development & Partnerships

at Huawei Consumer Business Group. "After an exciting few months, we've

experienced the potential of partnerships for the sake of innovation and

growth, and can't wait to welcome more FinTech's who want to make waves in the

industry."

Could Open Banking Champion Financial Health?

Dedicated to providing its global audience of 730 million with a choice of the

latest banking and payment apps, AppGallery is leveraging new technology to

support its partners.

Noffe( https://www.noffe.no/ ) recently joined AppGallery, using Open Banking

to offer a service that helps children learn saving habits in Norway. Bluecode

(https://bluecode.com/en/ ) is offering its customers in Europe a convenient

payment solution, using QR codes through AppGallery's NFC capabilities.

Huawei remains committed to driving global Financial Health – achievable

through partnerships with Fintechs. For consumers, Huawei shared how users

could use Open Banking to have more control over their finances.

Alongside its partners, AppGallery fosters innovation

Joined by Brett King, author of The Rise of Technosocialism and host of #1

FinTech podcast Breaking Banks, Siri G. Børsum addressed the recent changes in

consumer behaviour that have led to a higher demand for convenience. With 2020

seeing a 45% jump in the use of banking apps, the pair highlighted the

potential for developers.

"We're seeing so much innovation potential when looking at the changing

landscape in the financial services industry," said Brett King. "When you look

at the biggest financial institutions around the world, they tend to be

digital-first organisations."

With AppGallery, Huawei plans to foster innovation to help FinTech developers

realise their business development potential, while advocating for financial

health.

Børsum explained Huawei's full-cycle security and protection system featuring

developer real-name verification, a four-step review process, additional

download and installation protection, and a prevention mechanism for secure app

operation.

About AppGallery

AppGallery is an innovative ecosystem that allows developers to create unique

experiences for consumers.  Its HMS Core allows apps to integrate across

different devices, delivering a smoother experience – part of the wider "1+8+N"

strategy at Huawei.

With AppGallery, Huawei's vision is to make an open, innovative platform that

is accessible to consumers while strictly protecting their privacy and

providing them with a unique and smart experience. AppGallery has over 560

million monthly active users and has partnered with 5.1 million developers.

Source: AppGallery, Huawei

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   Caption: Huawei Developer Conference 2021 (Together) is back for 2021!