RCBC’s Diskartech Streamlines Onboarding Proccessby Fintech News Philippines November 4, 2021
Rizal Commercial Banking Corporation’s (RCBC) mass-market super app DiskarTech recently launched its new streamlined onboarding process and expanded the number of acceptable IDs for faster account verification.
From an original set of seven acceptable IDs required for the app’s digital savings account creation through electronic Know Your Customer (eKYC) process, DiskarTech will now accept a total of 18 IDs. This aims to facilitate a more convenient account registration and verification on the part of its users.
Acceptable IDs for eKYC now include the following: Passport, Driver’s License, Unified Multipurpose ID (UMID), Social Security System (SSS) ID, Professional Regulations Commission (PRC) ID, Integrated Bar of the Philippines (IBP) ID, Firearms License, and the National Bureau of Investigation (NBI) Clearance.
DiskarTech will also honor the following IDs for a semi-verified account: School ID, Government Services and Insurance System (GSIS) e-card, Senior Citizen Card, PhilHealth Card, and Company or Government Office-issued IDs.
Soon, DiskarTech will also start to accept the following IDs: Postal ID (issued 2016 onwards), PWD ID Card, Seaman’s Book, and the PhilSys National ID.
“DiskarTech’s expansion of acceptable IDs for account onboarding is a first of its kind for any digitized legacy bank or any digital banking providers in the country. Our goal is to make access to financial services more seamless and inclusive,”
said Lito Villanueva, RCBC’s Executive Vice President and Chief Innovation and Inclusion Officer.
“Digitalization and financial inclusion are the foundations of the “New Economy”, Bangko Sentral ng Plipinas Governor Benjamin Diokno said, citing their benefits to more Filipinos.
Apart from the expansion of acceptable IDs, RCBC’s DiskarTech also streamlined its onboarding process with a few clicks.
“We believe that this new process will encourage more Filipinos to open their first transactional accounts through DiskarTech,”