Standard Chartered Bank (SCB) has been recognized for its achievements in Transaction Banking, capturing a total of twenty-eight awards in Asia at The Asset Triple A Awards 2022, including the award for Best Service Provider E-Solutions for Philippines.
The Asset Triple A Treasury, Trade, SSC (Sustainable Supply Chain) and Risk Management Awards are industry excellence recognition awarded annually to companies and financial institutions that have launched or helped implement initiatives in corporate treasury management, trade finance, supply chain and/or risk management.
Head of Transaction Banking KC Huang-Hernandez said this award highlights the bank’s commitment in rolling out digital capabilities with the aim of providing innovative solutions and services to support our clients’ digitalization efforts.
SCB has adopted digitalization to build resilience, efficiency and achieve transformative growth. The bank continues to invest in its technology platforms, alliance, networks to complement its client-centric service culture and deliver the best client experience.
SCB Philippines is one of the few global banks to roll-out InstaPay in its e-channels and an open loop collection gateway service through its Straight2Bank Pay, thereby providing clients with access to online collections from various InstaPay and PESONetparticipating institutions.
The bank has also launched its Open Banking Application Programming Interface (API) services geared towards providing efficient services to its clients including their cash disbursement requirements, notifications, and real-time alerts.