-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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