China Banking Corporation (China Bank) has teamed up with Multisys Technologies to boost its digital offering for business customers.

As per the agreement, MultiSys will deliver solutions to enhance the Filipino bank’s cash management capabilities.

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The technology vendor will also be responsible for expanding the bank’s electronic collection channels and e-commerce solutions.

Such initiatives, according to the bank, would encourage corporate customers, particularly the small and medium enterprises, to carry out business online and facilitate electronic collection.

China Bank COO Romeo Uyan commented: “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 digitisation efforts to make banking progressively easier, safer, and more inclusive.”

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MultiSys, with its agnostic and customisable services, now acts as technology partner and system integrator of China Bank.

MultiSys CEO and founder David Almirol said: “The optimisation 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.”

China Bank, which is celebrating its centennial this year, has network of 632 branches and 1,021 ATMs.