PH market prepares for mobile banking boom

Manila Times - FOR those wondering about the prospects of mobile banking—a key tool for the Rural Bankers Association of the Philippines (RBAP)—this year, Information and Communications Technology (ICT) research firms have made a prognosis that is sure to make any rural bank executive excited. According to its 2012 predictions for the Asia Pacific Region, ICT [...]

RBAP-MABS Participating Banks Mark New Milestone in Microfinance

The Rural Bankers Association of the Philippines-Microenterprise Access to Banking Services (RBAP-MABS) Program was launched in 1997. The Program – supported by the United States Agency for International Development (USAID) and the Rural Bankers Association of the Philippines (RBAP), with oversight provided by the Mindanao Development Authority – assists rural banks to develop the capability [...]

The Future of Mobile Phone Banking in the Philippines: Updates from Globe GCASH (part 2 of 3)

During the second part of the session on the future of mobile phone banking in the Philippines, Paolo Baltao, President of Globe’s G-Xchange Inc. (GXI) announced their continuing collaboration with the USAID-supported RBAP-MABS Program on various new products and promotions for GCASH accredited rural banks. This would further promote and expand mobile phone banking services [...]

Mobile Financial Services: The Bank of Tanzania learns from the Bangko Sentral ng Pilipinas

Alliance for Financial Inclusion - In December 2009, there were an estimated 15 million mobile phones in Tanzania, with 45% of the population having access to a mobile phone. This growth in phone penetration spurred mobile network operators (MNOs) to launch mobile financial services to serve this rapidly growing customer base. At the end of 2009, more than 2.5 million Tanzanians [...]