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BEEFING UP DIGITAL PLATFORM

China Bank partners with Multisys

/ 04:31 AM December 26, 2020

Sy family-led China Banking Corp. has beefed up its digital platform to better enable corporate clients to adapt to fast-evolving cash management requirements. The bank has teamed up with leading software solutions company MultiSys Technologies Corp. (MultiSys) to provide innovative cash management solutions. These include expanding the bank’s electronic collection channels and e-commerce solutions to empower business customers, especially the small and medium enterprises, to do business online and facilitate electronic collection. China Bank sees limitless business cases arising from this partnership.

The bank will henceforth be able to provide partner merchants and business customers with a digital platform to accept cash payments on behalf of institutional and regional institutions, gather collected funds from agents, facilitate the payment of overseas Filipino workers, load e-wallets, transfer funds, cash-out transactions for systems, applications and product disbursements, purchase e-tickets or book transportation. “The pandemic has changed the game and we are committed to deliver game-changing solutions for the benefit of our customers. Our partnership with Multisys is in line with our strategy to fast track and scale up our ongoing digitization efforts to make banking progressively easier, safer and more inclusive,” China Bank chief operating officer Romeo Uyan said.

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For MultiSys, it sees its collaboration with China Bank as part of its mission to continually empower businesses from all industries with the latest tools, innovative services, and modern systems to implement advanced digital solutions. With its agnostic and customizable services, MultiSys now serves as China Bank’s technology partner and system integrator. “The optimization of China Bank’s digital channels and backend processes … is one of our ways to help the banking industry and the country in its digital transformation journey. Enabling our partners from various industries to reach their full digital potential is our commitment to stakeholders,” MultiSys founder and chief executive officer David Almirol Jr. said. INQ

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