Philstar.com
November 11, 2024 | 12:00am
(As released) SINGAPORE — In a landmark win for Philippine banking, Rizal Commercial Banking Corporation (RCBC) clinched the “Sustainable Innovator” title at the Singapore FinTech Festival’s (SFF) FinTech Excellence Awards.
Recognized for its groundbreaking strides in sustainable and digital finance, RCBC stands as the sole Philippine bank honored out of 200 entries across all categories in this year’s prestigious awards.
RCBC’s award-winning digital solutions — Pulz, DiskarTech and ATM Go — were lauded for their inclusive design, featuring an easy onboarding process and availability in remote, rural and Overseas Filipino Worker communities.
The award-giving body assessed entries for their impact, interoperability, uniqueness, creativity, practicality, and sustainability. RCBC stood out among the other entries in the category for focusing on raising the number of Filipinos with banking accounts in the country through private and public sector collaboration and socially-responsive and accessible digital solutions.
Lito Villanueva, executive vice president and chief innovations and inclusion officer, relayed his enthusiasm at receiving the award as it is an important global recognition for the time, effort and resources dedicated by the bank’s employees and partners in making finance empowering to all. The RCBC executive added that the award comes at a critical moment for the sustainable financial journey of the country wherein banks are prompted to think outside of the box and scale their scope and reach.
“RCBC is deeply grateful to the SFF FinTech Excellence Awards for shining a spotlight on the Philippines and the ingenuity of Filipinos,” Villanueva said. “Our exceptional team has poured their hearts into Pulz, DiskarTech and ATM Go, making these platforms transformative for the communities they serve, championing sustainable inclusion.”
“The Philippines stands at a pivotal moment on its journey toward financial inclusion and digital empowerment,” Villanueva added.
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