Access to mobile banking in the Philippines remains exclusive and conventional despite a high mobile phone penetration rate. PayMaya is enjoying some success in penetrating the mobile banking space by reaching out to the "unbanked" segment, which makes up two-thirds of the population.
HDFC Bank is adopting a holistic, bank-wide strategy of digital enablement for competitive differentiation. Nitin Chugh, Head of Digital Banking and Bhavesh Zaveri, Head of Operations discuss recent initiatives, key challenges, and the bank’s future plans.
Implementation of enterprise payments infrastructure and cash management system across nine Asian countries boosts ANZ’s regional move, with plans to extend the system to three more in the near future.