Filipinos may expect more efficient banking as Yuchengco-led Rizal Commercial Banking Corp. (RCBC), in partnership with Manila-based Hungry Workhorse, is set to roll out application programming interface (API)-supported digital financial products in the bank’s improved digital marketplace in the...
Banker, physicist, coder, professor, financial planner, triathlete, mentor, thought leader – Rizal Commercial Banking Corp. (RCBC) President and CEO Eugene S. Acevedo wears these many hats. His life has been remarkable, though he would readily acknowledge he never walked this path alone. “I...
The local stock market ended almost flat as investors continue to wait for fresh economic news amid uncertainty in the global front. The main index inched up 2.69 points or 0.04 percent to close at 6,252.19 with sectoral indices evenly mixed. Volume was still low at 622 million shares worth P4.88...
The Philippine Stock Exchange index (PSEi) edged higher, buoyed by gains in US markets, a strengthening peso, and positive corporate earnings. The benchmark index climbed by 22.89 points or 0.37 percent to finish at 6,168.48 on Wednesday, April 23, although sectoral indices showed a mixed...
Amid declining casino revenues, Razon-led Bloomberry Resort Corp., owner and operator of the two Solaire and the Jeju Sun integrated resorts, is rolling its dice in the online gaming table. Sharing its online gaming plan with stock analysts, Bloomberry said it will fully launch its online gaming...
RCBC Executive Vice President and Chief Innovations and Inclusion Officer Lito Villanueva shares insights on leveraging technology and partnerships to strengthen digital trust and combat cyber threats during the expert panel at the Digital Nation Summit, held at Bonifacio Hall, The Fort, Manila....
The peso appreciated against the US dollar for the second consecutive day on Wednesday, Dec. 4, closing at a one-month high of 58.23, primarily driven by the expected surge in overseas remittances leading up to the Christmas holidays. The peso's closing rate jumped from the previous day's close of...
Eugene S. Acevedo, president and chief executive officer of Rizal Commercial Banking Corp. (RCBC), recently became a two-time author with the launch of his second book, "Reinvent and Outperform: Becoming a Better Leader." The event was graced by no less than the bank's chairman, Helen Y. Dee, the...
Low-cost Asian manufacturers may benefit from Donald Trump's forthcoming return to White House, despite the likelihood of weaker Asian currencies, including the Philippine peso, according to the think tank Capital Economics. “Asian currencies have depreciated against the US dollar since the...
Homegrown instant payment systems provider Higala Group Inc. has partnered with Yuchengco-led Rizal Commercial Banking Corp. (RCBC) to roll out the SynerFi platform for small lenders’ digital transactions in the countryside. SynerFi’s open-payments infrastructure grants customers of rural banks...
Rizal Commercial Banking Corporation of the Yuchengco Group has launched RCBC Pay, another payment solution that allows RCBC Mastercard credit cardholders to make secure, contactless payments using their NFC-compatible Android smartphones. RCBC Pay leverages advanced Near Field Communication...
Executives from Rizal Commercial Banking Corporation (RCBC), Versa Networks, Trends and Technologies, and VSTECS Phils., Inc. came together for the ceremonial contract signing and presentation of a plaque of appreciation to RCBC. This contract marks the largest deployment of Versa Secure SD-WAN in...