Chinabank
“Can a traditional Philippine commercial bank become the embedded financial infrastructure layer for digital commerce, employers, and overseas Filipino remittances?”
China Banking Corporation (Chinabank) is a long-established Philippine commercial bank that has progressively expanded its digital and embedded finance capabilities. Starting with traditional banking, credit cards, and a bancassurance JV with Manulife (2007), Chinabank has accelerated its embedded finance strategy since 2023 — enabling payments via third-party merchant apps through Xendit, partnering with QNB and RippleNet for cross-border remittances, and most recently launching earned wage access through Paywatch. The bank is positioning itself as a platform that extends its core banking rails into digital commerce and employer services.