Tag "Rizal Commercial Banking Corporation (RCBC)"
RCBC ATM Go Records PHP 7.5 Billion in Transactions
Rizal Commercial Banking Corporation’s (RCBC) community-based financial service ATM Go recorded PHP 7.5 billion (US$ 132.1 million) in transactions. The service has been growing rapidly, with a 43% year-on-year increase in transaction volume and a 527% increase in the number
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Philippines, Japan Launch Credit Risk Model for SMEs’ Creditworthiness
The Bangko Sentral ng Pilipinas (BSP) and the Japan International Cooperation Agency (JICA) have teamed up to launch the Credit Risk Database (CRD) Scoring Model, aimed at improving the creditworthiness assessment of small and medium-sized enterprises (SMEs) in the Philippines.
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RCBC’s DiskarTech App Recorded 5-Digit Growth in Transactions Last Year
Rizal Commercial Banking Corporation (RCBC) has witnessed a five-digit growth in both transaction volume and value through its digital platforms as of 2021. The bank’s financial inclusion app DiskarTech has reached over five million downloads in less than two years
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RCBC’s DiskarTech App Recorded Phenomenal Growth Rate Since Last Year
Rizal Commercial Banking Corporation (RCBC), with its flagship financial inclusion app DiskarTech, has reached a five-digit organic growth in partner deposits by end of October versus same period last year. DiskarTech’s partner deposits recorded a 69,526 % and 12,765 %
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RCBC’s DiskarTech App Connects to DigiPay’s Network of SMEs
The Rizal Commercial Banking Corporation’s (RCBC) financial inclusion super app DiskarTech has partnered with digital payments solution platform Digipay. Digipay provides small businesses with a platform to grow their income through a network of partners that includes sari-sari stores, internet
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RCBC to Set Up Digital Bank Following US$ 90.5 Million Investment by Japan’s SMBC
The Sumitomo Mitsui Financial Group (SMBC), a Japanese multinational banking and financial services institution, announced that it is set to acquire a 4.99% stake in the Rizal Commercial Banking Corporation (RCBC) in a deal worth US$90.5 million (JPY 10 billion).
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RCBC Rolls Out Open Banking Partnership With the Rural Bankers Association
The Rizal Commercial Banking Corporation (RCBC) has rolled out an enabling digitalisation initiative with a new partnership with the Rural Bankers Association of the Philippines (RBAP) for the SynerFi Open Finance Network. This move comes days after the Bangko Sentral
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DiskarTech Ranked as the Most Downloaded Finance App in 2020
DiskarTech, Rizal Commercial Banking Corporation’s (RCBC) virtual bank, has emerged as the Philippines’ number one finance app released in 2020 across distribution platforms in terms of downloads according to App Annie, global provider of mobile data and analytics. DiskarTech had
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RCBC Becomes the Latest Addition to the ASEAN Financial Innovation Network
The ASEAN Financial Innovation Network (AFIN) has announced the inclusion of Rizal Commercial Banking Corporation (RCBC) among the four new members of the API Exchange during the Singapore FinTech Festival 2020. AFIN was established as a non-profit organisation in 2018
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Labor Department and RCBC to Disburse Funds for Displaced Filipino Workers
Rizal Commercial Banking Corporation (RCBC) and the Department of Labor and Employment (DOLE) will collaborate for an efficient and quick digital disbursement of cash assistance to displaced local and overseas workers affected by the COVID 19 pandemic. The funds will
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