Deposits, QR payments and branch lending for BPI BanKo, developed in Seoul and served from Alibaba Cloud in Singapore.
BPI BanKo, the microfinance savings bank of the Bank of the Philippine Islands, launched its deposit and QR-payment system on Bankware's BX MFS microfinance product in 2018 and added a loan origination and servicing system in 2019. Bankware built the first system in six months.
Microfinance banking on a Bankware cloud core.
Customer-wide figures, such as user or transaction counts, are the customer’s own and not Bankware delivery results.
BPI BanKo the microfinance savings bank of BPI.
BPI BanKo is the microfinance-focused savings bank of the Bank of the Philippine Islands (BPI). It serves more than 1.4 million customers.
General facts about the customer. They are not results of Bankware’s work.
Deposits, payments and lending for microfinance customers across the Philippines.
BanKo needed deposit, QR-payment and lending services for microfinance customers across the Philippines, including agent banking that lets local shops act as service points.
BX MFS with BX-PF, in two phases.
What Bankware delivered: the products, scope and role in this engagement.
Phase 1 (2018): an Alternative Deposit and Payment System (ADPS) for deposits and QR-code payments. Phase 2 (2019): a loan system covering origination, disbursement and monitoring, plus agent banking that lets local shops act as service points. Customer, agent and collector mobile apps run on the same platform. BX-PF is used to configure and launch products for target segments.
Deposit, QR payment, loan origination and servicing, agent banking.
Common financial components and the application framework under BX MFS.
Read moreProduct configuration and launch.
Read moreBanking for financial inclusion, connecting deposits, payments and lending.
BPI BanKo serves more than 1.4 million customers. Bankware supports its inclusive-finance business with deposit, payment and lending systems, connecting everyday banking services with loan operations.
Customer-wide figures, such as user or transaction counts, are the customer’s own and not Bankware delivery results.
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