Banking

FICO Survey: Filipinos Showing Greater Acceptance for Biometrics

FICO, a global analytics software firm, has released its Consumer Digital Banking Survey, which found a notable percentage of Filipinos are not taking the necessary precautions to protect their passwords and logins when banking online. The study found that only 53% are using

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RCBC Sees 1000% Increase in Growth for Cardless ATM Withdrawal Service

More than 1,000-percent increase in the growth was recorded in May in transaction value coursed through Rizal Commercial Banking Corporation’s (RCBC) cardless ATM withdrawal service, as the bank sustains its exponential growth across key digital metrics at the close of

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RCBC Expands Its Payout Network to Include Those Without Mobile Phones in Rural Areas

Rizal Commercial Banking Corporation (RCBC) said that it is closer to its target of covering all provinces of the country with handheld automated teller machines (ATM) as the bank beefs up the payout partner network through its ATM Go service.

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COVID-19: UnionBank’s Platform Accelerates Online Donations for Philippine NGOs

Union Bank of the Philippines through its UShare platform, is enabling non-government organizations (NGOs) in the country digitize with some recording up to 30-fold increase in daily online donations after an Enhanced Community Quarantine was imposed on March 17. With

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Philippine Banks ATM Fees Compared

Bank of the Philippine Islands (BPI), Banco de Oro (BDO), Rizal Commercial Banking Corporation (RCBC), Metrobank and the Philippine National Bank (PNB) and UnionBank of the Philippines are the six banks in the Philippines charging the lowest ATM fees, while

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RCBC Introduces New Key Features in Revitalized Mobile App

Yuchengco-led Rizal Commercial Banking Corp. (RCBC) introduced many firsts in its revitalized mobile banking app with enhanced user interface and other new online banking features to optimize digital customer experience. Among these new features include the multi-currency foreign exchange or

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RCBC Embarks on Digital KYC with LenddoEFL to Onboard Millions of Unbanked Filipinos

Rizal Commercial Banking Corporation (RCBC) has sealed a partnership with LenddoEFL for faster and more convenient financial account opening for Filipinos through an end-to-end digital verification and authentication solution. In Philippines, Know Your Customer (KYC) processes have always required a

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UnionBank Eyes Investing US$9.6 Million Every Year in Fintech

Philippines’ UnionBank has expressed their intention to invest around $US 9.6 Million into incubating or buying technology ventures where financial services could be wired into, and they’ll be refreshing the fund every year, according to Inquirer.net, UnionBank is among Philippines’

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