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MicroBanker System

MicroBanker is the premier core banking software specifically designed for small to midsized financial institutions such as rural banks, thrift banks, finance corporations, credit cooperatives, microfinance institutions and non-government organizations providing deposit and credit services. MicroBanker covers deposits, loans, microfinance, general ledger and customer information modules, thereby enabling a robust integrated core banking system. Since its introduction in the Philippine market, MicroBanker has been compliant with the operational and reportorial requirements of the Bangko Sentral ng Pilipinas (BSP). MicroBanker has been operating in various sites all over the country for 20 years now. As of August 2008, MicroBanker is installed in 230 rural banks (more than 750 offices), 73 credit cooperatives (197 offices) and in 9 other financial institutions.The number keeps on continuously growing.

 
 

MicroBanker V8

The latest MicroBanker release is the MBv8. MBv8 is a breakthrough technology customized exclusively for small to midsized financial institutions in the Philippines. It inherits all the high-quality features of its MicroBanker predecessor the MBXZ, while moving up to a more powerful and elegant Windows environment. Capitalizing on Window's capabilities, MBv8 was able to rise much higher among its competition. Its extremely fast transaction processing speed is unparalleled. Reliable and secured remote data access is now possible. MBv8 can be conveniently interfaced with the common desktop productivity software such as Word and Excel. Customer photo and Signature or other image can be displayed online. Because of the new operating platform, MBv8 is prepared for the growth and maturity of the 64-bit operating systems and computer processors. Moreover, it opens the gateway towards centralized computing as well as mobile and internet banking infrastructure.

 

MBv8 has undergone a battery of rigid tests and studies from several third party auditing firms focusing on information security and risk management aspects of the system. Through these tests and studies, MBv8 has been able to integrate a much tighter bank specific software security and internal control measures in accordance with international best banking practices and standards. MBv8 remains flexible and user-friendly despite the much tighter software security feature.

 

Users of the earlier generations of the MicroBanker system (MBXD, MBXZ) will greatly benefit from the crossover to MBv8. Migration of data to MBv8 is absolutely seamless and requires minimal effort on the part of the users. The MBv8 learning curve for the tellers and system operators is very short and low because MBv8 adopts the same design philosophy and principle as the core MicroBanker system.

 
 

MicroBanker V8 Compelling Features

  • Windows-based banking software
  • Fully integrated deposits, loans, share capital, microfinance and general ledger modules
  • Automated Teller Machine (ATM) and Personal Digital Assistant (PDA) connectivity
  • Automated data backup procedures
  • Complies with the Financial Reporting Package (FRP) requirement of Bangko Sentral ng Pilipinas (BSP)
  • Complies with the reporting requirement prescribed by the Anti-Money Laundering Council (AMLC)
  • Centralized customer information file
  • Flexible interest calculation for savings, current, time deposit and loan accounts
  • In accordance with the Microfinance operational and reportorial requirements specified by the Microenterprise Access to Banking Services (MABS) - a USAID project, and the People's Credit and Finance Corporation (PCFC)
  • Extremely fast transaction processing speed
  • Large-scale data handling
  • Online customer photo and signature display
  • Secure and effective remote access feature
  • Excellent security & access control features
  • Conveniently interfaces with Microsoft Word and Excel
  • Prepares for the growth and maturity of 64-bit operating systems and processors
  • Opens a gateway towards centralized computing and mobile/internet banking
  • Seamless migration from earlier versions of MicroBanker