Maya was recognized as a country winner at the IDC Future Enterprise Awards 2022 for leveraging its deep customer data and artificial intelligence to bring banking, payments, and more into just one money platform.
The company was chosen as the Best in Future of Intelligence for its Data-Drive Everything (D2E) Program, a key driver in the transformation. The IDC Future Enterprise Awards is presented by the global market intelligence provider International Data Corporation (IDC).
“We thank IDC for recognizing our game-changing innovations powered by data and AI. This is a testament to how data – when used wisely and fairly – could unlock the power of all-in-one digital banking in accelerating digital adoption and widening financial inclusion.”
Shailesh Baidwan, Maya Group President and Maya Bank Co-Founder
As a result, Maya recorded over one million new bank customers and more than PHP 10 billion in deposit balance after its launch in April 2022, making it the fastest-growing digital bank in the Philippines. Additionally, it continues to grow its overall base, serving 52 million customers across its consumer platform and enabling over 810,000 registered merchants as of the end of September 2022.
Maya is the only digital bank to offer new credit products in the first quarter after launch because it has leveraged its existing customer’s payment and e-wallet data to build a robust credit scoring model.
Last year, PayMaya was also awarded the Best in Future of Intelligence for its enhanced, AI-powered electronic Know Your Customer (e-KYC) process. It has an AI-powered ID Validation Service with automated face matching, ID classification, and ID Optical Character Recognition. These enable you to upgrade your financial accounts in just a few minutes.
For more information on Maya and its updates and promos, click here.
Ram found his love and appreciation for writing in 2015 having started in the gaming and esports sphere for GG Network. He would then transition to focus more on the world of tech which has also began his journey into learning more about this world. That said though, he still has the mentality of "as long as it works" for his personal gadgets.
