#banking innovations

When I tried the new BPI Online and BPI Mobile app, I was delighted to find new features such as the QR code and biometric log-in, both of which made banking easier and more secure for me. The outage started on the evening of June 14, when many BPI customers reported being unable to access the bank's mobile app and online banking platform. Bank of the Philippine Islands (BPI) is set to introduce international money transfers through its mobile banking app, following a partnership with Visa aimed at making cross-border transactions faster and more affordable for Filipinos. Joel de Vera, BPI's head of strategy, products and support for institutional banking, said demand for secure, real-time, and affordable international payments continues to grow as more Filipinos engage in global activities. Beyond digital banking, BPI is also expanding its physical reach through agency banking partnerships. BPI said its agency banking network now covers more than 7,000 partner stores nationwide as it continues efforts to improve access to financial services in underserved communities. BDO encourages all its mobile and online banking users to access their accounts during off-peak hours. The announcement is made due to the growing surge of logins and transactions both on the mobile app and the website which may cause difficulty in accessing the BDO online and mobile banking services for some customers. Read more in our articles including "Two new web-only features of BPI you should know about" and "BSP warns of accountability after BPI outage".