Dominican multiple banking has made notable progress in innovation and technology in the last two decades by incorporating digital tools and decentralising its services through alternative channels. Banco Popular Dominicano stays at the vanguard of digital transformation with innovative technologies that make life easier for customers, improve process efficiency and expand the reach of its promise of value to society. The Multiple Bank Association of the Dominican Republic (ABA, according to its acronym in Spanish) recently detailed that the Dominican banking sector registered a total of 5.1 million Internet banking users in 2022, which means an increase of 3.4 million in absolute terms and 302 percent in relative terms since 2015. Banco Popular Dominicano, the first private capital bank in the Dominican Republic, has been moving forward on improving the efficiency of its operations and consolidating its leadership at the forefront of the digital and technological transformation of Dominican financial services, accelerating the innovation process to expand its transactional capacity and support the bank’s future growth. Digital adoption Banco Popular Dominicano was recognised as the most digital and sustainable bank of 2022, and its mobile application, the ‘Popular App,’ is the best in its segment, according to World Finance. […]
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