Manila, Philippines, - SeaBank Philippines, Inc. (A Rural Bank) won the top award in the Best Security Application in Payments Initiative category and the highly-acclaimed recognition in the Best Data and Analytics Application in Payments Initiative at the Global Payments Innovation Awards 2023. Th
Manila, Philippines, – SeaBank Philippines, Inc. won the top award in the Best Security Application in Payments Initiative category and the highly-acclaimed recognition in the Best Data and Analytics Application in Payments Initiative at the Global Payments Innovation Awards 2023. This year’s Global Payments Innovation Awards, organized by The Digital Banker, received a record number of submissions from over 300 banking institutions across 6 continents.
SeaBank also takes an unconventional approach by warning its customers of potential system issues at other banks before the affected banks formally announce it. “We proactively monitor and identify patterns consistent with system downtime, at both our internal and partner bank systems, to ensure that users enjoy seamless transactions and are well-informed on unforeseen issues arising from payment platforms. This enables them to transact with ease and confidence”, Ng added.
SeaBank Philippines, Inc. provides a wide range of financial products and services aimed at helping improve the lives of many through technology. Regulated by the Bangko Sentral ng Pilipinas, SEARB was formerly known as Banco Laguna, Inc. and is majority-owned by Sea Limited , a global consumer internet company founded and headquartered in Singapore and listed on the New York Stock Exchange.
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