Lalamove Delivers Care to Rescued Pets by ‘Making a Pawfect Move’ Across the Globe

by Ferry Bayu | Oct 16, 2023 | Business

Lalamove, the leading on-demand delivery platform, is encouraging Lalamove users in Asia and Latin America to ‘Make a Pawfect Move’, by spreading the love for animals in need. In Malaysia, Lalamove partners with My Pets Haven, an animal shelter that rescues, rehabilitates, and finds new homes for stray dogs, granting them a renewed chance for a better life.

Through the “Make a Pawfect Move” campaign, an extension of Lalamove’s Deliver Care initiative, the company aims to better the lives of abandoned animals at MyPetsHaven with donations, while also helping to support their shelter ‘paw-rents’ who pour their heart into keeping the group running. As My Pets Haven faced the daunting challenge of an eviction, they found themselves in dire need of both financial contributions and assistance from the public. 

These crucial resources are vital for realizing their dream of establishing a new shelter that will serve as a secure and loving haven for countless animals in need.

Users can send their love to furry friends in need by registering as members of  Lalamove Rewards and accumulating LalaPoints with every completed order. With a minimum of 750 LalaPoints, RM3 will be donated to MyPetsHaven, helping the pets to live more nourishing lives. Every cent will be contributed to their daily meals, shelter renovations, daily essentials and medications. 

To further strengthen the support for My Pets Haven, Lalamove is also proud to announce an exclusive 30% discount on its delivery services, providing an efficient and cost-effective means for individuals to transport their donations. Whether it’s nourishing kibbles, essential cages, or carriers, these items are all crucial to enhancing the well-being of the cherished pets residing at My Pets Haven.

Lalamove has also extended a warm invitation to its valued business users to join in this noble cause. Prominent online pet food businesses, such as Furry Times, have already stepped up, generously donating an array of handcrafted treats, while Boksicle has contributed a generous supply of pet popsicles, ensuring the dogs at My Pets Haven have the chance to enjoy some delightful treats.

“In Malaysia, there are more surrendered and abandoned animals than adoptions. Thousands of stray dogs live in the open without receiving proper homes and safety. Therefore, we believe that animal rescue groups shouldn’t be the sole caretakers of strays. We should collaborate with stray animal feeders and rescuers to support those pets who might need help.

“We aim to play our part by providing support to pet shelters like My Pets Haven to sustain their operations and ensure the well-being and safety of their beloved dogs. As Lalamove is synonymous with delivering daily essentials, we also encourage our users to leverage our services to extend a helping hand, whether by donating or delivering pet essentials to the shelters.”

“This initiative also opens up a world of possibilities for many dogs at My Pets Haven to find their forever homes and lifelong companions,” said Jane Teh, Managing Director of Lalamove Malaysia.

Aileen Lee Sor Geok, the founder at MyPetsHaven also remarked, “We are thankful and excited to partner with Lalamove for this donation campaign. With Lalamove’s support, we will be more equipped with essential resources and supplies to improve the living conditions and medical needs of our rescued pets, allowing them to receive utmost care while they await adoption.”

Joining hands with pet lovers, Lalamove encourages everyone to join the cause and spread the word to paws-itively donate their Lalapoints to create a tail-wagging, paw-fect world for furry companions. 

For more information, simply visit the official page of Lalamove’s Make A Pawfect Move campaign.

BUDGET 2024: TROOPERS Applauds the 2024 National Budget for Empowering the Nation’s Workforce

by Ferry Bayu | Oct 14, 2023 | Business

BUDGET 2024: TROOPERS Applauds the 2024 National Budget for Empowering the Nation’s Workforce

Troopers Innovation Sdn. Bhd. applauds Malaysia’s 2024 National Budget, which focuses on economic reform and people empowerment. They are committed to matching talent with industry needs and empowering gig workers through a transparent feedback system. The company supports the government’s programs like the PERKESO Career Building Programme and HRD Corp’s allocation of RM1.6 billion for training opportunities, especially benefiting SMEs and vulnerable groups. Troopers believes in the potential of every individual and endorses the government’s commitment to upskilling Malaysians for a more empowered society. They see the budget as aligning with their mission of connecting talent with organizations.

By Joshua Tan, Chief Executive Officer and Co-Founder for Troopers Innovation Sdn. Bhd.

Troopers Innovation Sdn Bhd wholeheartedly welcomes the 2024 National Budget presented by the Prime Minister and Minister of Finance Malaysia Datuk Seri Anwar Ibrahim and commends the government’s strategic approach towards Malaysia MADANI with the theme “Budget 2024: Economic Reform, Empowering the People”.

At TROOPERS, we are dedicated to ensuring that talent matches organizational needs, and the commitment to refine local talent development to align with industry requirements is a significant stride toward a brighter economic future for Malaysia. As a testament to this commitment, TROOPERS innovate new ways to facilitate gig workers by matching their skills to the gig via ratings and feedback system. Our holistic ecosystem not only allows real-time tracking of gig workers’ progress but also showcases their evolving track record and build their microcredentials in our app as they complete gig task. This embodiment of transparency and progress underscores our core mission to empower both job seekers and hiring managers by ensuring a seamless and mutually beneficial partnership.

Keeping to the momentum set in prior years, the government will continue with the PERKESO Career Building Programme, allocating RM35 million to empower 9,000 gig workers through skill training. This allocation will undoubtedly uplift the gig economy to new heights, and is aligned with our work with TROOPERS Academy which offers essential soft skills training to nurture the growth of our gig workers. At TROOPERS, we strongly believe that continuous upskilling will create opportunities to raise the floor and ceiling of gig worker wages, ensuring a better standard of living which is why TROOPERS will continue to support them in achieving fair wages and improve the household economy of Malaysians at large.

Moreover, the allocation of RM1.6 billion by the Human Resource Development Corp (HRD Corp) for 1.7 million training opportunities signifies a significant investment in upskilling and re-skilling. The reallocation of special funds, utilizing 15% of total levy collections to support the MADANI Training Program, addresses the needs of SME entrepreneurs and vulnerable groups such as former prisoners, Persons with Disabilities (PwD), senior citizens, and retirees. This move reflects the government’s investment in shaping the future of our workforce, resonating with our commitment at TROOPERS to bridge the gap between talent and organizational needs through collaborative training and upskilling programmes while encouraging prioritization of hiring local talent in the gig workforce to improve socio-economic growth.

At TROOPERS, we firmly believe in the potential of every individual to elevate their socio-economic status through tailored programs and training. We wholeheartedly endorse the government’s commitment to emphasize the importance of re-skilling and upskilling Malaysians, laying the foundation for a more empowered society. We believe in the collective potential of Malaysians and if we work together, we can elevate Malaysian talents in all sectors through proper training and upskilling to ensure they are remunerated fairly, and enterprises get the value they pay for.

As an organization deeply committed to meeting the ever-growing talent demands of our partners, we firmly believe that the proposed Budget will be a game-changer, aligning seamlessly with Malaysia MADANI values and embodying our mission to connect talents with the needs of organizations. 

Founded by co-founders Joshua Tan and Kelvin Lee, TROOPERS is a digital HR Tech platform for flexible work that aims to grant equitable access to flexible work for all Malaysians to work and earn in a legitimate, transparent, and accountable ecosystem. Since inception in 2017, TROOPERS has grown to become
Malaysia’s flexible job-matching platform. TROOPERS works with a range of esteemed brands across Malaysia to meet all their flexible manpower needs in terms of on-ground activations, offline marketing, merchandising, in-store promotion, logistics, warehousing, concerts and shared services.

As part of its ongoing commitment in building a flexible ecosystem, TROOPERS launched the TROOPERS App in 2021 which has since garnered over 180,000 verified users, generating over RM 20 million in income for gig workers with more than 200,000 shifts transacted on the app.

For more information, please visit https://www.troopers.com.my/

Danial Shazany
Executive
Edelman Public Relations Worldwide
+6011 2823 5219
da************@*****an.com

An Edo-Era Japan Horror, Chiyo announced for 31st October 2023

by Ferry Bayu | Oct 12, 2023 | Business

An Edo-Era Japan Horror, Chiyo announced for 31st October 2023

SCRYsoft and Nimbus Games announcing their latest title, Chiyo releasing on Steam and Playstation October 31 2023.

MEDIA RELEASE

Chiyo Launching on PC and PlayStation
Q4 2023.

KUALA
LUMPUR, Malaysia – October 31, 2023 – Indie games studio Nimbus Games will be launching Chiyo
published by SCRYsoft in Q4 2023. Chiyo is a first-person escape room-style
puzzle game that will be out exclusively on digital store shelves of Steam and
PlayStation Store at $8.99USD in Q4 2023.

Chiyo is a first-person escape room
atmospheric horror game set in Japan’s Edo era.

As Idate Chiyo, a paranormal investigator possessing supernatural abilities, players
are tasked with investigating an abandoned mansion and unveiling dark family
secrets. Through solving puzzles and navigating their way through narrow
hallways and atmospheric horror, the player will face sinister challenges to
find the lore surrounding the abandoned mansion.

Key
Gameplay Features:

·        
An
immersive escape room puzzle game set in an abandoned mansion to challenge both
your wits and your nerves. 

·        
Assume
the role of Idate Chiyo with unique supernatural powers allowing players to
dive into the paranormal realm. 

·        
Engaging
storyline uncovering the mysteries and lore of an abandoned mansion, a powerful
family’s dark dealings whilst also avoiding the consequences the previous
tenants faced.

·        
Immersive
horror backdrop set in, Edo Japan and in the same universe of the original [Malice] game.

About
Nimbus Games

Nimbus Games is an indie games studio founded 18th April 2016
by brothers Joseph and Caleb Teng in Kuala Lumpur, Malaysia. Previously being
designers and owners of a real-life escape room business as well as programmers
in their free time. With their love of games, the brothers set out to create escape-room
horror theme games and have launched up to 3 mobile games as well and 1 game
for PC.

Notable Achievements:

·        
#MYMDEC’s
LEVEL UP KL SEA Game Awards 2021 Finalist

·        
#MYMDEC’s
LEVEL UP KL SEA GAME AWARDS Indie Pitch 2021 Top 10 Finalist

·        
#MYMDEC’s
LEVEL UP KL SEA GAME AWARDS 2021 Audience Choice Awards Nominee

·        
#MYMDEC’s
LEVEL UP KL SEA Game Awards 2022 Finalist

·        
#MYMDEC’s
LEVEL UP KL SEA GAME AWARDS 2022 Best Game Technology Nominee

·        
#MYMDEC’s
LEVEL UP KL SEA GAME AWARDS 2023 Best Game Audio Winner

About
SCRYsoft:

SCRYsoft was established in 2018 and based in Singapore and Malaysia with the
goal of working with indie game studios and developers in the production of
their game, funding and marketing to get their games the relevant support to
get off the ground.

Social Media: 

·        
SCRYSoft: Website  

·        
Nimbus Games Studios: Website | Facebook | Twitter | Instagram | LinkedIn | YouTube

-END-

Issued by:
SCRYsoft Publishing Division

SCRYsoft Pte. Ltd.

Ian Heng
+60127059876
pu********@*******ft.com

SCRYsoft’s Game Development Fund

by Ferry Bayu | Oct 12, 2023 | Business

SCRYsoft’s Game Development Fund

SCRYsoft is planning to share a game development fund of $1,000,000USD to be split equally among selected applicants from indie game developers and studios by a deadline of 30th November 2023 to provide support for said studios and developers in the form of marketing, funding and game production.

MEDIA RELEASE

SCRYsoft Announces New Indie Game
Development Fund

KUALA LUMPUR, 12 October 2023 – SCRYsoft – The publishing arm of Play Interactive is proud to announce a fund of $1,000,000USD total to be split amongst 10 developers capped at $100,000USD-$300,000USD each with submissions for games open now for games that are more than 50% complete in development open from now until 30th November 2023. An integral part of this fund is to spearhead support for indie developers and studios trying to get funding and publishing support for their games with fair remuneration and support.  

Forms of
Publishing Support:

1.     
Funding – The first and foremost problem most
developers face is acquiring the capital to realize a project. With the
Co-Investment Fund will solve this issue to get your project off the ground.

2.     
Marketing – With our global outreach and the
know-how to use marketing, PLAY can promote and push your game’s popularity
through the roof to ensure all your hard work is recognized.

3.     
Game Production – With a team behind the scenes that
have collaborated with other developers globally and locally for production,
PLAY can also provide insight into how to best present and frame your game.

4.     
Game Publishing – With a plethora of titles already
under our belt, we have the know-how for creating and publishing your game on
multiple publishing platforms seamlessly.

5.     
IP Rights – Being able to get IP and Publishing
rights worldwide faster than an independent creator would and we can guarantee
the exclusivity and uniqueness of your IP and protect you or your studio from
potential clashes with other IP’s that might already exist.

Ian Heng, the
Lead Publisher from SCRYsoft has expressed that “This fund is set up to present
a unique opportunity to creators all over the world with unique ideas who lack
the resources to achieve their game development dream with the right support”.
The type of games accepted are only digital games for the PC and Console with
games that have a projected timeline of one to two years for completion and the
developers will receive full support us and be contacted once their game has
been approved for funding.

Submit your game now to our website to start the review of your game. Everyone
gets a fair shot at a review if your game is submitted before the deadline of
30th November 2023.

Submit your game: https://www.scry-soft.com/submit-game

More Information on the fund: https://www.playinteractive.asia/scrysoftgamefund/

Contact us: pu********@*******ft.com

-END-

Issued by:
SCRYsoft Publishing Division

SCRYsoft Pte. Ltd.

SCRYsoft is a game publisher company established in Singapore with the mission of providing publishing, marketing, funding and game production support to produce great games alongside indie game developers and studios worldwide.

Ian Heng
+60127059876
pu********@*******ft.com

THE TPS’s CDR ONLINE INNOVATION RECEIVED AWARD FROM MARKETEERS AWARD 2023

by Ferry Bayu | Oct 12, 2023 | Business

THE TPS’s CDR ONLINE INNOVATION RECEIVED AWARD FROM MARKETEERS AWARD 2023

Surabaya (October 11th, 2023) – The commitment of PT Terminal Petikemas Surabaya (TPS) in providing excellence and guarantee its level of services to the customers, among other through the Container Damage Report (CDR) Online Application, has successfully won an award from the 2023 Marketeers Editor’s Choice Award (MECA), in the Port System Solution of the Year category.

TPS as one of the subsidiary of Pelindo Terminal Petikemas Subholding has proven itself as a company that success in implanting the innovation to enhance customer convenience in doing their business with TPS, especially in monitoring the condition of their containers as well as to ensure that containers entering TPS are handled safely.

The award was presented directly by Hermawan Kertajaya, Founder & Chairman of Markplus, Inc, to Bambang Hasbullah, Operations Director of TPS, at CGV Grand Indonesia, Jakarta, on Tuesday (October 10th, 2023).

CDR is a system that record the condition of the containers, by screening the containers once it enter TPS Export Gate, and for all import containers that leave the terminal through the Import Gate.

CDR Online offers various features and benefits, from the ability to trace CDR, download container damage photos within the system, receiving real-time notifications via email that providing more effective and efficient services.

Furthermore, the implementation of CDR Online has successfully reduced Turn Round Time (TRT) by 40.05 minutes per container, this shall refer to container entering TPS good terminal with damage detection only.

Before CDR online implemented, truck(s) entering TPS with container damage shall stay and spent 101.05 minutes in the exception area. The time needed is to coordinate with whosoever relevant parties in confirming concerned container damage conditions. Having CDR online implementation, the said waiting time is reduced.

The implementation of CDR Online is also part of the “Pelindo Bersih” program, where before CDR online is implemented, customers were required to visit the terminal for verification by providing a wet signature on physical CDR documents, so that the intensity of face-to-face interaction between service officers and customers is high and the potential for extortion to occur is very possible.

The CEO of TPS, Wahyu Widodo, mentioned that this award serves as motivation to continue innovating and improving their role in providing the best services to customers. He expressed gratitude for the Port System Solution of the Year award given to TPS, as well as the support from all parties involved, including TPS customers.

“This award certainly motivates us to continue implementing service digitalization and utilizing port information systems to enhance service effectiveness,” Wahyu stated.

The implementation of CDR Online at TPS has also gain positive appreciation from customers, as it greatly facilitates the detection of damaged containers and streamlines the process of loading containers onto ships. Additionally, it speeds up the verification process for container damages and simplifies the entry/exit of identified damaged containers.

With CDR Online, customers no longer need to physically visit the terminal to give their approval. The approval process for CDR can be done online, making it faster and eliminating the need to visit the terminal.

One of TPS’s shipping company clients, who utilizes this system, expressed their gratitude for this innovation, stating, “Through this system, we can quickly and easily verify container damages, especially for containers that will be loaded onto ships, without having to come to the Terminal.”

In its operational performance, TPS has observed a positive trend with an increase in international container traffic until September 2023. The total reached 1,009,617 TEUs, showing a growth of 4.23% compared to the same period last year when it was 955,693 TEUs. TPS maintains a strong market share, dominating 82% of the international container market at the Port of Tanjung Perak.

TPS is a port operator and a service provider in the logistics chain, specifically for export/import container services in Indonesia. As a subsidiary of PT Pelindo Terminal Petikemas (SPTP), which is a subholding of PT Pelabuhan Indonesia (Pelindo) Group, TPS was the first terminal in Indonesia to implement the International Ship and Port Facility Security Code (ISPS Code), starting from July 2004. On October 1, 2021, Pelindo I, II, III, and IV merged to become PT Pelabuhan Indonesia (Pelindo). This was done to simplify and facilitate services. The next step in Pelindo’s integration is to standardize services and implement various innovations to improve the company’s performance, ensuring its continuous progress and development in alignment with advancements and changes.

Retno Utami
Corporate Communication PT Terminal Petikemas Surabaya (TPS)
Pelindo Place Office Tower Building, Floor 16th.
Jl. Perak Timur no. 478
Surabaya 60165, Indonesia.
HP. +62 816 5445 969
Telephone: +62 31 3202050
Fax: +62 31 3291628
Email: re*********@****co.id atau co*********************@****co.id
Website: www.tps.co.id

Chiyo Launching on PC and PlayStation Q4 2023

by Ferry Bayu | Oct 12, 2023 | Business

KUALA
LUMPUR, Malaysia – October 31, 2023 – Indie games studio Nimbus Games will be launching Chiyo
published by SCRYsoft in Q4 2023. Chiyo is a first-person escape room-style
puzzle game that will be out exclusively on digital store shelves of Steam and
PlayStation Store at $8.99USD in Q4 2023.

Chiyo is a first-person escape room
atmospheric horror game set in Japan’s Edo era.

As Idate Chiyo, a paranormal investigator possessing supernatural abilities, players
are tasked with investigating an abandoned mansion and unveiling dark family
secrets. Through solving puzzles and navigating their way through narrow
hallways and atmospheric horror, the player will face sinister challenges to
find the lore surrounding the abandoned mansion.

Key
Gameplay Features:

·
An
immersive escape room puzzle game set in an abandoned mansion to challenge both
your wits and your nerves.

·
Assume
the role of Idate Chiyo with unique supernatural powers allowing players to
dive into the paranormal realm.

·
Engaging
storyline uncovering the mysteries and lore of an abandoned mansion, a powerful
family’s dark dealings whilst also avoiding the consequences the previous
tenants faced.

·
Immersive
horror backdrop set in, Edo Japan and in the same universe of the original [Malice] game.

About
Nimbus Games

Nimbus Games is an indie games studio founded 18th April 2016
by brothers Joseph and Caleb Teng in Kuala Lumpur, Malaysia. Previously being
designers and owners of a real-life escape room business as well as programmers
in their free time. With their love of games, the brothers set out to create escape-room
horror theme games and have launched up to 3 mobile games as well and 1 game
for PC.

Notable Achievements:

·
#MYMDEC’s
LEVEL UP KL SEA Game Awards 2021 Finalist

·
#MYMDEC’s
LEVEL UP KL SEA GAME AWARDS Indie Pitch 2021 Top 10 Finalist

·
#MYMDEC’s
LEVEL UP KL SEA GAME AWARDS 2021 Audience Choice Awards Nominee

·
#MYMDEC’s
LEVEL UP KL SEA Game Awards 2022 Finalist

·
#MYMDEC’s
LEVEL UP KL SEA GAME AWARDS 2022 Best Game Technology Nominee

·
#MYMDEC’s
LEVEL UP KL SEA GAME AWARDS 2023 Best Game Audio Winner

About
SCRYsoft:

SCRYsoft was established in 2018 and based in Singapore and Malaysia with the
goal of working with indie game studios and developers in the production of
their game, funding and marketing to get their games the relevant support to
get off the ground.

Social Media:

·
SCRYSoft: Website

·
Nimbus Games Studios: Website | Facebook | Twitter | Instagram | LinkedIn | YouTube

-END-

Issued by:
SCRYsoft Publishing Division

SCRYsoft Pte. Ltd.

Ian Heng
+60127059876
pu********@*******ft.com

RCBC and Hungarian FinTech partnership opens doors to OFW digital banking

by Ferry Bayu | Oct 11, 2023 | Business

RCBC and Hungarian FinTech partnership opens doors to OFW digital banking

TAGUIG, PHILIPPINES – The Philippines’ first embedded finance
initiative for overseas Filipino workers (OFWs) through the collaboration
between Rizal Commercial Banking Corporation (RCBC) and Hungary-based fintech
Peak Card Services Ltd. (Peak) and Columbus Private Equity Fund (Columbus) was
announced during the series of events organized for the
celebration of the 50th anniversary of the Hungary – Philippines diplomatic
relations in Manila. The partnership would soon enable OFWs to download the
Peak mobile app with RCBC embedded digital banking platform, allowing them to
open an RCBC peso and Hungary foreign accounts in a single app assisting them
in managing their finances while working abroad and supporting their family
back home.

Founder and CEO of Peak Hungary Márton Suppan, RCBC President and CEO
Eugene Acevedo, RCBC Executive Vice President and Chief Innovation and
Inclusion Officer Lito Villanueva, and Columbus Private Equity Fund Board
Member Gábor Rudas signed the Memorandum of Understanding sealing the embedded
finance partnership. It was witnessed by the Ambassador of Hungary to the
Philippines Titanilla Tóth, Prime Minister’s Commissioner for the protection of
the Hungarian way of life and national values Zsolt V. Németh, Deputy State
Secretary for External Economic Relations of the Ministry of Foreign Affairs
and Trade of Hungary Katalin Bihari, and Department of Migrant Workers
Undersecretary for Policy and International Cooperation Atty. Patricia Yvonne
Caunan. The signing also coincided with RCBC’s 63rd anniversary.

With the partnership being fully supported by the Hungarian government
through its Ministry of Foreign Affairs and Trade, OFWs will have access to a
wide range of digital financial services, which include RCBC’s digital lending
such as salary advance, home and car loan, and personal loan. Bank account
holders will also have the opportunity to transfer cash to their loved ones,
invest finances into rewarding financial solutions, acquire medical insurance,
and access other empowering services from RCBC, Peak, and Columbus. The pilot
will kickstart in Hungary and will eventually expand to other European Union
member states and the United Kingdom.

“The unprecedented flow of labor is presenting the world with entirely
new circumstances, unfolding a series of opportunities for agile,
fast-responding companies, and cross-continental collaborations. One such
opportunity is to address the financial challenges of overseas workers. The
quickest collaboration in our 10 years history to be established is the
cooperation between Peak, RCBC, and Columbus well illustrating the immense
market demand,” Suppan said.

In recent years, the European labor market has been expanding
exponentially, drawing more and more Filipino workers to the continent, who
have been recognized for their exceptional English proficiency, religion,
cultural adaptability, and strong work ethic. As Hungary positions itself as a
regional economic powerhouse, the new foreign direct investments the country
managed to attract also lead to an increasing demand for foreign labor force.
The number of OFWs in Hungary is forecasted to grow significantly. Up until
today, several thousands of OFWs have been sent to Hungary. Filipino
expatriates working in the manufacturing and hospitality industry enjoy
generous compensation, free board, and lodging. The growing community of
Filipino workers in the European country has become a considerable market of
interest for banks such as RCBC and Peak, persuading the two financial
providers and a private equity fund to collaborate and provide services through
the power of API technology.

“It has been our pleasure that this partnership was realized during
the Hungarian-Philippine Roundtable Discussion on Labor Market Trends, which
was part of a series of events organized by the Embassy of Hungary in Manila
for the celebration of the 50th anniversary of diplomatic relations
between Hungary and the Philippines. The cooperation agreement, which will
provide new cutting-edge digital solutions to prove the close ties between our
nations,” emphasized Ambassador Titanilla Tóth.

RCBC President and Chief Executive Officer Eugene S. Acevedo
highlighted the importance of such partnerships in uplifting the lives of
Filipinos and the enthusiasm of the bank in partaking in a fruitful
partnership. “Teaming up with Peak and Columbus allows RCBC to continue serving
our fellow Filipinos in Hungary. We are committed to delivering a seamless
banking experience to help our customers realize their financial goals even if
they are abroad,” said Acevedo.

“RCBC believes that financial inclusion should not only be for people
who work in our country but it should also include overseas workers who send money back home to
build their dreams for their families,” said Villanueva.

“The bigger picture here is that RCBC, Peak, and Columbus are
redefining financial inclusion through embedded finance as a unique value
proposition, thus, creating the future of digital banking empowering migrant
workers achieve their short-term and long-term goals no matter wherever they
are and whenever they deem it necessary,” added Villanueva.

A 2023 report by global consultancy firm McKinsey found that US$30.5
billion in remittances flow into the country annually, yet banks have not
integrated remittances into their mainstream services and even into creation of
credit profiles of Filipinos. Villanueva highlighted that these findings
motivated RCBC in addressing the needs of overseas workers and their families.

RCBC has been expanding its digital banking services through its RCBC
Pulz, RCBC Diskartech, and RCBC ATM Go services capable of processing and
accepting remittances. With the most recent partnership with Peak, RCBC is
poised to become one of the leading digital-centric banks focused on making
financial services accessible and possible to a greater segment of unbanked and
underserved Filipinos anywhere in the world.

RCBC is the Philippines’ 5th largest privately-owned universal bank and the most awarded for its banking innovations. Among its global and local recognitions include a four-peat award as the Philippines’ Best Bank for Digital by Asiamoney, back-to-back wins for Best Financial Inclusion App by The Asian Banker’s Financial Technology Innovations Awards, Gartner Eye for Innovation Award, YouTube Challenger award for its viral and out-of-the-box digital ad campaigns, and Grand Champion for Digital Payments and Financial Inclusion by the Bankers Institute of the Philippines.