This year, local banks have taken on new steps to update their banking systems and processes to keep up with the fast-changing technology. Maybank Philippines which offers an extensive range of products and services has added a first-in-the-industry fully integrated digital offering called Maybank MOVE which means Mobile Optimized Virtual Experiences.
Maybank MOVE will allow customers to open an online-only savings account called iSave, using the Maybank2U PH App. All forms and documentary requirements can also be submitted online through the app. The iSave account will be the fully digital account opening facility in the Philippines which also allows customers to access their accounts and enjoy free Interbank withdrawals via any ATMs nationwide.
The new straight-through processing capabilities (STP) will also allow customers to apply for credit cards and automobile financing from the comfort of their homes or even on the go, beyond banking hours.
The Maybank MOVE offering was introduced in support of Bangko Sentral ng Pilipinas’s (BSP) financial inclusion agenda which is to make banking accessible to more Filipinos.
“For Maybank, MOVE is about enriching our offerings through digital banking which is in line with our commitment to leverage on cutting edge technology as well as our strategic objective of being the digital bank of choice in the region,” said Choong Wai Hong, Maybank Philippines President, and Chief Executive Officer.
“Our digital approach is centered on four key areas: enriching our customer offerings, investing in strategic capabilities, exploring broadly and understanding deeply the landscape, and building and participating in the digital ecosystem, which includes engaging with regulators, Fintech companies, and global leaders to build truly differentiated digital offerings for our customers.”
Head of Virtual Banking Maybank Philippines, Dexter Go added, “In 2019, we envision the Bank to continue enhancing our services for existing and prospective clients. Rest assured that we will revolutionize our customers’ banking experience to keep abreast of the constantly evolving trends in the market which are all inclined to digital adaptability.”
Following the launch of this new offering, Maybank Philippines will be introducing the Maybank MOVE store, a mobile pop-up store that will travel across the Philippines to introduce the new STP products and processes, promotions and activities. The MOVE store is another innovative, hip and fun initiative to showcase the array of digital conveniences which Maybank offers to the people of Philippines.
Maybank Philippines, Inc. (MPI) currently has 74 branches nationwide making it the most accessible foreign bank in the Philippines. This proposition will be expanded further as the Bank embraces the ever-changing standards and requisites of the digital realm.
MPI’s senior officers, led by Choong Wai Hong with its partners during the media launch of Maybank Move.
(From L-R) Dexter Go; James Perez, Idea Lab Information Tech. Solutions General Manager; Guillaume Danielou, Fintq Digital Transformation Leader; Choong Wai Hong; Christie Dana Tan and Monica San Juan of AirAsia BIG Loyalty; Abigail Del Rosario, Maybank Retail Business Group Head and Bernardo Talimban, Jr., Maybank Chief Information Technology Officer.
“In this day and age where everything is ultra-fast-paced, banks need to empower and encourage their loyal and future customers by giving them the flexibility of time and opportunities to MOVE – to do more of what they need to do. Maybank is answering this need by providing its clients with good, fast and efficient services, lifestyle rewards and all other perks that the digital world has to offer,” added Dexter Go.
Be updated on where the Maybank Move Store will pop-up and more about their digital MOVE via the official Facebook page @MaybankPhilippines. For more information, visit us at www.maybank.com.ph.
Let’s get ready to Move! Get Going, Get Banking with Maybank Move – Mobile-Optimized Virtual Experiences.
About Maybank Philippines, Inc. (MPI)
MPI is a member of the Maybank Group, Asia’s leading banking group and Southeast Asia’s fourth-largest bank by assets. The Maybank Group has an international network of over 2,200 offices in Malaysia, Singapore, Indonesia, Philippines, Brunei Darussalam, Vietnam, Cambodia, Thailand, People’s Republic of China, Bahrain, Uzbekistan, Myanmar, Laos, Pakistan, India, Saudi Arabia, Great Britain and the United States of America. The Group offers an extensive range of products and services, which includes consumer and corporate banking, investment banking, Islamic banking, stockbroking, insurance and takaful and asset management. It has over 43,000 employees worldwide. (www.maybank.com)