BAANKNET and DBCP Platforms Launched at PSB Alliance Meet 2026

At the PSB Alliance Annual Strategy Meet 2026, the Secretary of the Department of Financial Services (DFS) delivered a keynote address focusing on the role of PSB Alliance as a strategic partner in the banking sector. Highlighting the convergence of technology, data, and purpose, the Secretary emphasized the Alliance's positive impact on banks' Net Interest Margin and Cost to Income Ratio. During the event, the BAANKNET mobile app and the Digital Balance Confirmation Platform (DBCP) were launched, introducing significant enhancements in transparency and efficiency in banking processes.

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