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RCBC powers up digital banking with Pulz app

RCBC Pulz is an all-in-one banking app that ensures a convenient, effortless banking experience.

Yuchengco-led Rizal Commercial Banking Corporation (RCBC) has announced the launch of its cutting-edge digital banking platform, RCBC Pulz, designed to power up users’ financial vitality through its unparalleled features, speed, and efficiency. With state-of-the-art technology and hyper-personalized interactions, RCBC Pulz transcends the boundaries of traditional banking, embodying RCBC’s commitment to meeting the ever-changing preferences of its valued customers.

RCBC Pulz pulsates with the users’ wants and needs, capturing the essence of the dynamic financial space and propelling RCBC customers towards achieving their financial goals.

Designed with contemporary global experiences in mind, the app offers ultra-digital features, supported by an artificial intelligence-based cross-selling and upselling process that prioritizes customer lifecycle value. Embracing the promise of boundless possibilities, the app is set to transform the landscape of Philippine digital banking, providing boundless access, services, opportunities, and experiences – all fortified by comprehensive protection.

RCBC Pulz is an all-in-one banking app that ensures a convenient, effortless banking experience. One of its standout features is its strong focus on security, utilizing advanced technology and multiple security checks for safe financial transactions. RCBC Pulz also allows customers to open an account anytime, anywhere, without a minimum balance requirement. Customers can easily perform various banking tasks, such as depositing or withdrawing money using QR codes or reference numbers, depositing local checks just by taking a photo, and directly transferring funds locally or abroad, with the pioneering digital concierge service.

RCBC Pulz also goes beyond banking by offering lifestyle-enhancing features. Customers can pay bills, convert purchases into installments, load up their telco SIM and gaming wallets, make toll payments effortlessly, buy and sell of up to six foreign currencies in real time such as US Dollars, HongKong Dollars, Euro, British Pounds, Japanese Yen, and Singapore Dollars. The app also has a dedicated section for financial literacy information and on top of it all, Filipinos can now manage or place new investments through the country’s first digital, in-app unit investment trust fund or UITF.

“We are relentless in pioneering and scaling digital solutions to empower more Filipinos. We have developed our most advanced banking app to date. Packed with superior and enhanced features, RCBC’s newest digital banking app is designed to further make banking easier, faster and safer,” said RCBC President and Chief Executive Officer Eugene S. Acevedo.

RCBC Executive Vice President and Chief Innovation and Inclusion Officer Lito Villanueva calls the launch as a pivotal point in the country’ digital journey as customers will enjoy a wide and secure variety of financial solutions that will only be one tap away.

“We’re proud to share with you RCBC Pulz, the fruition of harnessing a transformational mindset and limitless possibilities  Staying true to RCBC’s goal of empowering  Filipinos, we unveil a hyper-personalized digital platform. For what remains a probability for others, we have made it into reality, and its potential is truly boundless,” Villanueva said.

RCBC hosted the launch event on July 18 at the Marquis Events Place in Bonifacio Global City. Themed #Boundless, the event unveiled RCBC’s groundbreaking RCBC Pulz digital banking solution, empowering individuals like never before by providing limitless options as they navigate their personal financial journeys. The event is made possible by the invaluable support of Visa, IDfy, Nextbank, Netcore, Almond Tech, Emudhra, and BlueVoyant, who all share RCBC’s commitment to digital innovation and customer-centric solutions. RCBC Pulz digital banking app will be available for download starting August 8, 2023.

One of the highlights of the event was the “One YGC” segment, a manifestation of support by the Yuchengco Group of Companies led by Helen Yuchengco Dee, Chairperson of RCBC and YGC; Eugene S. Acevedo, President and CEO of RCBC; Paolo Y. Abaya, President and CEO of Malayan Insurance; Richard S. Lim, President and CEO of SunLife Grepa; Arniel Ong, President and CEO of RCBC Credit Cards; Dr. Dodjie Maestrecampo, President of Mapua University; Lorenzo V. Tan, Vice Chairman of House of Investments. The strong act of solidarity espouses YGC’s overarching goal – the power of synergy and a unified desire to be boundless in being the country’s agents for digital transformation. The conglomerate-wide digital collaboration was established since 2018 with its signed data sharing agreement.

In 2022, RCBC Digital, the predecessor of RCBC Pulz, posted a 60% growth in revenue, 27% increase in account opening, 32% surge in transaction volume, and a 44% jump in transaction value. RCBC is also one of the most awarded banks for its digital innovations,  including a three-peat win as Asiamoney’s Best Bank for Digital. RCBC prides itself to be the only Philippine bank recognized among the three winners in Asia Pacific by the Gartner Eye on Innovation award alongside global giants and innovators in financial services; the first and only Philippine bank to have received YouTube’s Challenger Award; and the Grand Champion for Digital Payments and Financial Inclusion by the Bankers Institute of the Philippines, among more than 80 global and regional accolades during the pandemic period.

With the launch of the new RCBC Pulz, RCBC once again leads the digital banking revolution in the Philippines, cementing its position as the country’s undisputed #1 digital challenger bank. It is now the Philippines’ 5th largest privately-owned universal bank from 8th in 2018 that breached the P1-Trillion asset mark by the end of June 2022 despite the COVID-19 pandemic. RCBC remains steadfast in its pursuit of driving innovation, empowering customers, and spearheading transformative change within the banking industry.

#RCBCPulz #RCBC #digitalbanking #rubyspreciousmoments #rubyasoyph

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FinTech Alliance.PH to chart the course of digital economy in INDX3 Summit

MANILA, Philippines – INDX3 Summit, the highly-anticipated, annual gathering of the country’s top forward-thinking leaders from the fintech industry, is gearing up for its third edition, happening on August 7 to 8, 2023 at Shangri-La The Fort, Taguig City.

This year’s Inclusion and Digital Transformation (INDX) Summit will focus on “Creating What’s Next In Digital,” as today’s esteemed industry figureheads discuss how to “Dare, Drive, and Defy.” The theme for 2023, “Navigate the Digital Economy and Witness Emerging Discoveries,” will see a momentous convergence of expertise and insights that will leave behind a monumental and impactful legacy in the industry for years to come.

The INDX Summit is celebrated for shining a spotlight on the astounding growth and significant progress of the FinTech industry, not only in Southeast Asia, but globally. The event is in collaboration with cherished partners Department of Finance, Bangko ng Sentral ng Pilipinas, Securities and Exchange Commission, Insurance Commission, Department of Information and Communications Technology, Department of Trade and Industry, Credit Information Corporation, National Privacy Commission, and Anti-Money Laundering Council. Global partners such as Mastercard, Singapore Fintech Association, Gorriceta, Cash, S&P Global, Brankas, Netcore, and InvestHK will be present as well.

This year’s INDX3 Summit is fully focused on fostering the country’s thriving digital economy under the rich FinTech sector by bridging the gap between the customer and advanced technological innovations, recognizing the crucial role emerging discoveries play in driving transformative progress in today’s digital economy. The summit will further delve into how industry players can utilize digital innovations and assets more safely, conveniently, and efficiently while helping consumers adapt to the rapidly-growing digital transformation era.

Fintech Alliance.Ph is spearheading the groundbreaking event. It is the country’s largest collaboration of strategic digital finance players and start-ups that collectively generated over 90 percent of fintech-initiated financial transactions volume. Fintech Alliance.Ph is working to reshape the Philippines’ digital economy – building and expanding a sustainable digital financial ecosystem, where every Filipino, especially the underprivileged, benefits from it. Fintech Alliance.Ph also recently launched the country’s first nationwide, multi-stakeholder, industry-led consumer education and cybersecurity awareness campaign with Bangko Sentral ng Pilipinas dubbed #WagMagpalokoMagingScamAlerto.

Fintech Alliance.Ph is led by Lito Villanueva as Founding Chairman since its inception in 2017. As the Philippines’ award-winning and leading thought leader in inclusive digital finance, Lito Villanueva has accumulated over 100 accolades in the past 25 years, as multiple organizations continue to recognize his life-changing contributions to the developmental and digital finance sphere in the country and abroad. Among these include being named as the 2022 Global Filipino Executive of the Year Circle of Excellence by the Asia CEO Awards, Chief Innovation Officer of the Year by Financial Times-owned “The Banker,” and Mr. Fintech of the Philippines by NewsBiz Asia. He is also among the Top 100 Fintech Leaders in Asia and Top 100 Filipinos in LinkedIn.

“This highly-awaited gathering of the Philippines’ top visionaries, thought leaders, industry figures, and trailblazers signifies the immense power of collaboration and the historic progress we have made and continue to make in the fintech industry,” said Lito Villanueva, Founding Chairman of FinTech Alliance.PH, and the Executive Vice President and Chief Innovation and Inclusion Officer of Rizal Commercial Banking Corporation (RCBC).

“The past three years for the fintech industry have been challenging, but we’ve come out of it stronger, better, and more determined than ever to celebrate our successes and pursue our goals for the digital transformation and betterment of our nation,” Villanueva added.

To register for the INDX3 Summit or become a Fintech Alliance member and enjoy exclusive benefits, visit: https://fintechalliance.ph/navigate-the-digital-economy/

 

About Fintech Alliance.PH

FinTech Alliance.PH, the Philippines’ premier and largest digital and fintech association, is composed of startups and unicorns that account for over 95 percent of digital-initiated transactions volume in the country.

For more information, visit https://www.fintechalliance.ph/.

 

#INDX3 Summit  #FinTechAlliancePH #digital #fintech #rubyspreciousmoments #rubyasoyph

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RCBC DiskarTech Bags the Infosys Finacle Innovation Global Award 2023

BENGALURU, INDIA – RCBC DiskarTech, the pioneering and award-winning financial inclusion mobile application of Rizal Commercial Banking Corporation (RCBC), won the prestigious Gold Award for Ecosystem-Led Innovation in the Infosys Finacle Innovation Awards 2023. This recognition solidifies RCBC DiskarTech’s position as a trailblazer in the global digital banking landscape.

With the theme “Inspiring Better Banking,” this year’s Infosys Finacle Innovation Awards had an impressive turnout of over 200 nominations from various banks worldwide spanning across ten distinct categories: Ecosystem-led Innovation, Product Innovation, Channel Innovation, Corporate Banking Innovation, Process Innovation, Maximizing Customer Engagement, Transformation Excellence, Modern Technologies-led Innovation, Business Model Innovation, and ESG-led Innovation.

Participants from leading banks worldwide underwent an intensive evaluation process, aimed at identifying the most transformative and impactful innovation initiatives within the industry. An expert jury comprising global banking and technology leaders evaluated the nominations based on Innovation Quotient, Benefit Quotient, and Complexity Quotient, to decide the winners. Financial institutions from across the world were recognized for actively pursuing innovative strategies to differentiate themselves and maintain a competitive edge in the banking industry.

The Ecosystem-Led Innovation award category recognizes banks that demonstrate commitment to enhancing customer experiences by leveraging their ecosystem partnerships to provide a comprehensive range of services beyond traditional banking. The award honors banks that go beyond their core banking services and actively collaborate with ecosystem partners to meet the diverse needs of their customers. The commendation goes to banks that consistently innovate, create enhanced value, and continuously introduce new offerings in order to attract, serve, engage, and retain customers in a highly competitive digital landscape.

RCBC DiskarTech’s exceptional achievements and groundbreaking contributions have set a new benchmark for innovation in the financial sector. As a key component of RCBC’s MoneyBela Barangayan or gassroots banking scaling physical-digital or phygital blended banking experience in geographically isolated, disadvantaged and conflict areas, RCBC DiskarTech boosted bank onboarding in Philippine rural areas by 210%, reached a total of 13,116 barangays or approximately 31% of the 42,000 total barangays nationwide, and enabled millions of unbanked and underserved Filipinos to open their first basic deposit accounts in just six months from its rollout last year.

RCBC DiskarTech also engaged micro, small, and medium enterprises (mSMEs) through its offshoot program, the RCBC NegosyanTech, which empowered sari-sari (mom-and-pop) store owners, family-owned establishments, and grassroots businesses to earn additional income and capital by facilitating digital transactions such as cash deposits and withdrawals, bank transfers, bills payments, e-loading, and availment of teleconsultation plans and microinsurance.

“RCBC is more inspired and motivated to continue harnessing the power of technology such as Finacle Solutions in realizing the vision of the Philippine government to make the country a truly digital nation. We remain steadfast in our commitment to deliver relevant, timely, and effective digital financial solutions to a wider group of Filipinos,” said Villanueva.

“As we approach a world dominated by tech and AI, and largely moved by the rise of the internet economy, RCBC believes it is more important than ever to maximize the use of technological solutions in creating an equitable, sustainable, and prosperous future,” added Villanueva.

Sanat Rao, Chief Business Officer & Global Head of Infosys Finacle, said “The banking sector is undergoing unprecedented change, requiring banks to continually respond to market demands with customer-centric innovations in a bid to maintain their competitiveness and relevance. The Infosys Finacle Innovation Awards 2023 celebrates banks that prioritize innovation-led digital transformation. The nominees and winners in the awards program exemplify the relentless pursuit of the participating banks in delivering enhanced value to their customers and stakeholders. I extend my warmest congratulations to all the recognized banks and wish them continued success in 2023 and beyond.”

 RCBC leaped from eighth position in 2018 to fifth by  end of 2022 among the Philippines’ largest privately-owned universal banks in terms of assets, making it one of the fastest growing banks in the country. Among its global and local recognitions include a three-peat award as the Philippines’ Best Bank for Digital by Asiamoney, back-to-back wins for Best Financial Inclusion App by The Asian Banker’s Financial Technology Innovations Awards, and the YouTube Challenger Award for its viral and out-of-the-box digital ad campaigns generating combined views of over 17 million. Just recently, RCBC was also hailed as Grand Champion for Digital Payments and Financial Inclusion by the Bankers Institute of the Philippines.

#RCBCDiskarTech #InfosysFinacleInnovationAward2023 #rubyspreciousmoments #rubyasoyph

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FinTech industry launches nationwide consumer cybersecurity education campaign

The Philippines’ premier digital and fintech association FinTech Alliance.PH has launched a multistakeholder national cybersecurity awareness and education campaign tagged #WagMagpalokoMagingScamAlerto! aimed at educating millions of Filipino smartphone and online users against phishing scams last May 29, 2023, at Shangri-La The Fort in Taguig City.

The industry-led multistakeholder national consumer cybersecurity campaign is being led by the FinTech Alliance in partnership with the Bangko Sentral ng Pilipinas, National Bureau of Investigation, Philippine National Police, Anti-Money Laundering Council, Securities and Exchange Commission, Insurance Commission, National Privacy Commission, National Telecommunications Commission, Department of Trade and Industry, telecommunications companies, consumer groups, and media groups.

BSP Governor Felipe Medalla.

“I am proud to see everyone working hard to make the Nationwide Consumer Cybersecurity Education Campaign an effective and invaluable tool in helping accelerate the Philippines’ Digital Economy. You can count on BSP to be a staunch supporter of our project. We will continue to work hand in hand with all of our stakeholders and ensure the far-reaching impact of this campaign,” said BSP Governor Felipe Medalla.

“With all industry players, government, media, and Filipino consumers working together, we’re ready to unlock the power of cybersecurity with consumer education! We enjoin all FinTech Alliance member companies to have our campaign on all your social media platforms and use the hashtag #WagMagpalokoMagingScamAlerto,” said Lito Villanueva, founding chairman of the Fintech Alliance.PH and RCBC executive vice president and chief innovation and inclusion officer.

Lito Villanueva, founding chairman of the Fintech Alliance. PH.

The massive nationwide multistakeholder cybersecurity education and awareness campaign was launched in response to the emergence of risks and threats to users’ safety and to ensure sustained consumer trust on digital payment platforms. With various organizations coming from the private sector, the government, and the media, FinTech Alliance.PH hopes to combat the rising tide of cybercrime through multiple prongs and engagement strategies.

The leading FinTech organization also jump-started the first cohort of the Cambridge FinTech Regulatory and Innovations (FTRI) Program. The Cambridge FTRI program is by the Judge Business School of the University of Cambridge in Southeast Asia in partnership with Mapua University in the Philippines. The program targets the development and training of regulators, legislators, policymakers, practitioners, and professionals in banking, fintech, and digital industries.

The two initiatives by the Alliance were among the key events in their recent General Membership Meeting with the theme, “Accelerating the Philippines’ digital economy and unlocking the power of consumer education on cybersecurity.” At the same event, BSP Governor Medalla gave a keynote speech entitled, “The Current Philippine Digital Landscape: What’s Next Beyond the Digital Payments Transformation Roadmap.”

S&P Global APAC Chief Economist Rajiv Biswas also gave an outlook on the Philippine Economy, highlighting the country’s trajectory towards being a one trillion US dollar economy by 2033.

“We cannot do this as an industry without building a very strong strategic collaboration with regulators that allows an enabling environment for inclusive innovations. From co-developing the National Retail Payments System, National Strategy for Financial Inclusion and other regulations on emerging technologies such as virtual assets, regulatory sandbox, and digital banking, to open finance, and central bank digital currency, among others,” Villanueva added.

New FinTech Alliance corporate members were sworn in by BSP Governor Medalla. From just 15 founding corporate members in 2017 to nearly 100 in 2023.

FinTech Alliance.PH, the Philippines’ premier, and largest digital and fintech association, is composed of startups and unicorns that account for over 95 percent of digital-initiated transaction volume in the country.

For more information, visit https://www.fintechalliance.ph/.

#FintechAlliancePH #cybersecuritycampaign #rubyspreciousmoments #rubyasoyph

 

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Go on virtual Visita Iglesia this season of Lent

The season of Lent is a time for Catholic devotees to reflect and strengthen their faith. Part of this season’s tradition is the Visita Iglesia, where the faithful visit and pray in at least seven different churches.

In this digital age, physically visiting churches is not the only option. Globe At Home offers the virtual Visita Iglesia, where customers can easily participate in the annual religious tradition and even do the Lenten devotion Stations of the Cross, pray with the congregation, and attend masses in the comfort and safety of their homes.

Being a trusted partner of Filipino families, Globe At Home ensures families have a strong and reliable internet connection and sulit offers to participate in Holy Week activities.

With Globe At Home’s HomeSHARE, prepaid subscribers don’t have to choose between loading their mobile phones or home prepaid WiFi, since it allows family members to share data allocation wherever they may be and can be used when they are outside the house.

Customers can subscribe to just one HomeSHARE promo and share it with up to three other Globe Prepaid, Globe MyFi, TM, Postpaid, Platinum, or Home Prepaid WiFi users.

Parents can always check on the kids at home through Viber or Messenger while on physical Visita Iglesia, while Lolo and Lola can watch online Masses and Lenten programs at home.

“At Globe, our customers are always our priority. We care about you and your family’s needs. We want a better world for all where everyone is connected to the Internet to help with their needs, be it for mental or spiritual activities.  And with HomeShare, we make sure that lahat sabay-sabay may internet connection whether at home or on the go, lahat tayo haharapin ang mundo!” said Barbie Dapul, Globe At Home VP for Marketing.

To enjoy HomeSHARE, register via the New GlobeOne app, GCash, or through authorized AutoLoadMAX retailers. For more information, visit www.globe.com.ph/help/broadband/prepaid-wifi/homeshare.html.

On the other hand, Globe At Home Postpaid subscribers can also enjoy fiber-strong, family strong connection with GFiber UNLI, available on plan 1599 with speeds of up to 50Mbps and comes with free speed boost to 100Mbps for 3 months. For more information, visit https://www.globe.com.ph/broadband.html.

Globe supports the United Nations Sustainable Development Goals, particularly UN SDG No. 9, highlighting the roles of infrastructure and innovation as crucial drivers of economic growth and development. It is committed to upholding the UN Global Compact principles and contributing to 10 UN SDGs.

To know more about Globe, visit www.globe.com.ph.

Photo courtesy of Pexels.com

#lentendevotion #visitaiglesia #globe #rubyspreciousmoments #rubyasoyph