TechTalk
CTBC Bank Philippines, Hitachi Asia team up on digital banking
Upgraded platform enables corporates, SMEs to streamline financial operations
The Asset
28 Feb 2025
CTBC Bank ( Philippines ), in partnership with Hitachi Asia, has unveiled its revamped Corporate NETBanking Web Portal, which enables business customers of all sizes – from micro, small and medium-sized enterprises ( MSMEs ) to large enterprises – to streamline financial operations, the company say, “with an upgraded, secure and user-centric platform, thereby improving operational efficiency and meeting the evolving corporate banking requirements”.
The enhanced Corporate NETBanking Web Portal introduces a host of features that streamline financial operations, ensuring both efficiency and flexibility. Key functionalities include:
- Comprehensive account management – A unified platform that offers real-time access to deposit accounts, loan balances and transaction histories, enabling businesses to make well informed financial decisions.
- Comprehensive payment capabilities – Access to a wide range of payment channels for local and global transactions, including InstaPay, PESONet, BancNet IBFT, RTGS, PDDTS and SWIFT, ensuring seamless payment processing for all business scales.
- Bulk transaction processing – Enhanced efficiency for corporate clients through bulk upload features for payments and payroll disbursements to significantly enhance operational productivity.
- Customisable workflow and approval matrix – Flexible set-ups, ranging from basic single approval workflows to complex multi-level matrices with transaction limits, provide businesses with the agility to adapt processes to their specific needs.
The portal has security features like:
- two-factor authentication ensuring robust protection against unauthorized access
- real-time notifications that provide immediate updates on transactions, enhancing tracking and minimizing fraud risks
- flexible approval workflows, such as maker-checker-approver set-ups, that further ensure compliance with corporate policies while adapting to specific organizational needs.
Together, these measures, the company note, create a secure and reliable foundation for businesses to confidently manage their financial activities.
“This new platform is more than a tool,” adds Luis S. Elizaga, CTBC Bank Philippines’ president and CEO. “It’s a strategic enabler for businesses to manage their finances with ease, efficiency and confidence.”