Manila, Philippines—As China Banking Corporation (China Bank) celebrates its 100th year, it partnered with leading software solutions company Multisys Technologies Corporation (MultiSys) to enable its business customers better adapt to the changing times.
The technology partnership with MultiSys will help expand China Bank’s Cash Management capabilities by providing technologically-innovative solutions that will give more access and convenience to both business customers and depositors. The initiatives include the expansion of its electronic collection channels and e-Commerce solutions, so business customers, especially SMEs, can do business online and facilitate electronic collection.
“The pandemic has changed the game and we are committed to delivering 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 D. Uyan said.
MultiSys’ collaboration with China Bank is 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 business cases that this partnership holds are limitless. China Bank will 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 various services of OFWs, load e-wallets, transfer funds, cash-out transactions for SAP disbursements, purchase e-tickets or book transportation.
“The optimization of China Bank’s digital channels and backend processes through our solutions 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 our customers, clients and stakeholders,” MultiSys’ CEO and founder David Almirol Jr. said.
China Bank is celebrating its centennial this year, reaffirming its commitment to providing innovative banking products and services to remain relevant to the new and the next generation of Filipino businesses, consumers, and to reach the underserved and unbanked sectors. Aside from its vast network of 632 branches and 1,021 ATMs, China Bank remains steadfast through all these years in its commitment to improving the lives of the Filipinos and live through its values that “YOUR SUCCESS IS OUR BUSINESS”.