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TDCC ePASSBOOK Extends Scope of Services with Asset Management Integration Features

2022/06/28

With investors’ growing need for more options of asset management integration, the upgraded ePASSBOOK application (集保e手掌握) built by the Taiwan Depository Clearing Corporation (TDCC) keeps adding features to extend its scope of services. Land Bank of Taiwan and Taishin International Bank also joined other 11 banks to work with the TDCC in 2022. Among the 13 banks, CTBC Bank was one of the first to join the team last year and is going to offer access to data of savings accounts for NTD and foreign currencies to all investors. Investors will be able to enjoy the integration services for asset management with a more frictionless and convenient user experience.

The ePASSBOOK is cooperating with the 13 banks of the top 15 banks in Taiwan. As asset management integration covers more ground, more and more users choose to “connect banks” through the APP. Over 20% of them have connected to at least 2 banks on the APP. Averagely speaking, users are sending over 1 million requests through application programming interface (API) technology for data inquiries every month. The numbers show that the “connect banks” feature is popular with investors. The TDCC will keep negotiating with other banks over more collaborations to amply fulfill investors’ need for asset management integration.

TDCC President Han-Chiang Chu (朱漢強) stated that the ePASSBOOK has the characteristics of digital securities passbooks and asset management integration services. The APP with myriad functionalities has been popular with investors. Since it was launched, users who have completed their registration have exceeded 3.3 million and the growth rate is up 43% year over year. Other than convenience, the ePASSBOOK also values cybersecurity. Starting from the end of May, users can activate the 2-step verification linked to their email address and phone number. With the extra layer of protection for personal identity, the APP helps safeguard investors’ personal data. It is fair to say that convenience and security are the two pillars of the APP.

Investors are welcome to sign up for the ePASSBOOK through their securities firms. Come and enjoy the convenient and safe services that help integrate your assets!

※ Please visit the ePASSBOOK website for more information: http://epassbook.tdcc.com.tw

ePASSBOOK