Brankas publishes first-ever ASEAN Bank Stability Report, showing 2023 uptime performance from top banks including RCBC and Bank Mandiri
Brankas today released the Bank Stability Report 2023 ASEAN, offering valuable insights into the uptime performance of top banks in the Philippines and Indonesia. The report, which includes consumer banks the likes of RCBC, Bank Mandiri, and UnionBank, informs businesses, partners, and end users on the infrastructure reliability of the banks they trust.
"Now that e-payments and digital banking are becoming the norm, constant access to reliable digital banking services is no longer a luxury, but a necessity." said Todd Schweitzer, CEO and Co-founder of Brankas. "Uptime is a critical metric that impacts trust and stability, and we hope that Brankas' latest report sheds light on the ASEAN region's commitment to financial reliability and security."
Bank availability data for the report was retrieved independently from public sources to determine real-time service reliability for operations including bank statement retrievals, payments, and money transfers. The uptime number is a measure of the percentage of time a bank is available to users for online data and payment transactions.
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