Oradian and Cantilan partner for the Philippines first regulated bank to drive financial inclusion via cloud technology
Fast-growth Software-as-a-Service (SaaS) company Oradian has today announced the launch of its software with Cantilan Bank (CANBNK), making it the Philippines’ first regulated financial institution ever to leverage cloud-based technology. The partnership will enable Cantilan Bank to provide digital financial services to unbanked individuals in some of the most remote, hard-to-reach communities of Southeast Asia.
The Philippines-based bank has integrated Oradian’s flagship cloud-based banking platform, Instafin, as its core banking system, which has also been integrated to transact with an entire network of ATMs. Supported by the Asian Development Bank (ADB) and aligned with the Central Bank of the Philippines; (BSP) digital transformation journey, Cantilan Bank is fast-tracking its digitisation as it looks to improve access to financial services across the country.