#banking metaverse

HSBC has just announced that it would join the metaverse through a partnership with Sandbox. This development to buy digital real estate comes as competing bank JPMorgan Chase bought into the metaverse last month by creating a lounge in another metaverse, Decentraland. 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. Read more in our articles including "HSBC enters metaverse via partnership with Sandbox" and "BSP warns of accountability after BPI outage".