Rizal Commercial Banking Corp. (RCBC) is strengthening its position in digital banking as its executive vice president and innovation chief, Lito Villanueva, was named Digital Leader of the Year at the PhilSec Awards 2026, recognizing his contributions to secure and inclusive financial services.
Rizal Commercial Banking Corp. (RCBC) has extended its LRT-2 "Piso Fare" promo until Aug. 31, allowing eligible MySSS Card Powered by RCBC DiskarTech cardholders to continue enjoying a net fare of P1 per ride as the bank pushes wider adoption of digital payments for public transportation.
The Yuchengco family-backed Rizal Commercial Banking Corp. reported a 22 percent decline in first-half net income as it set aside more provisions for potential credit losses amid heightened geopolitical uncertainties.
Digital banking is moving beyond rolling out new features, with banks increasingly judged by how technology improves customers' financial lives rather than by innovation alone.
Banking executives, regulators and technology leaders from across Asia gathered in Manila this week to map out how artificial intelligence, open finance, cybersecurity and cross-border payments will reshape the region's financial sector, highlighting the industry's push to balance rapid innovation with trust and financial inclusion.
Rizal Commercial Banking Corp. (RCBC) is extending its digital payments footprint into public transportation as it rolls out the country's first rail-based automated fare collection system that combines open-loop EMV card payments, mobile Near Field Communication (NFC) wallets, and QR payments in a single platform, supporting its push to integrate financial services into everyday transactions.
The Sy family-controlled Banco de Oro Unibank Inc. (BDO), the country’s largest bank, has waived fees for InstaPay and PESONet transfers made through its BDO Online and BDO Pay platforms, joining a growing number of Philippine banks removing charges for digital fund transfers.
Relief may be emerging for Philippine businesses after months of geopolitical disruptions pushed up shipping costs, fuel prices, and currency volatility, but Rizal Commercial Banking Corp. (RCBC) said companies should remain vigilant as pressures built up over months of conflict will not unwind overnight.
Rizal Commercial Banking Corp. (RCBC) has shortened the duration of its investment portfolio, tightened lending to higher-risk segments, and secured funding at favorable rates as it prepares for tougher economic conditions.