The multimedia push aims to illustrate the irreplaceable value of the human touch — that despite GoTyme Bank’s digital nature, its customer service still remains the most important touchpoint in building meaningful relationships with clients.
GoTyme Bank, a joint venture between the Gokongwei group of companies and Tyme Group, said it now has more than 300 kiosks in the Philippines, with plans to expand to 450 by end-2023.
GoTyme Bank, the joint venture between Gokongwei Group and the digital banking firm Tyme, is now officially one of a few financial entities in the country to offer a 5% annual percentage yield (APY) for a savings product, specifically ‘GoSave’ which features automated deposits and transfers and previously provided 3% APY with no conditions and limits.
The Bangko Sentral ng Pilipinas (BSP) said the emergence of digital banks can be a game-changer on the delivery of financial products and services from traditional brick-and-mortar banks.
Voyager Innovations, through its financial technology arm PayMaya Philippines, announced on Monday, Sept. 20, that it had obtained the approval of the Bangko Sentral ng Pilipinas (BSP) to establish a digital bank.
BSP governor Benjamin E. Diokno said, however, that applications for digital banking licenses will resume after three years if warranted by the circumstances.
GOtyme, a joint venture between the Gokongwei Group and Singapore-headquartered digital banking group Tyme, is expected to launch in the second quarter of 2022.
Voyager Innovations, the operator of digital wallet PayMaya, has announced that it raised $167 million to fast-track its digital financial services through PayMaya and its soon-to-be-established digital bank.
