MICROCAPITAL BRIEF: CIMB Bank Philippines, Zoloz Partner on e-KYC in Effort to Boost Digital Financial Services, Inclusion

CIMB Bank Philippines, a digital banking unit of Malaysia-based CIMB Group Holdings, recently announced a partnership with China-based Zoloz to leverage its electronic know-your-customer (e-KYC) technology to simplify the bank’s verification of customers’ identities and otherwise create an “enhanced payment experience.” Zoloz, which is owned by China’s Ant Group, offers products that