Launch of BOA Pay – an advanced and secured digital payment channel
Completion of the upgrade of Core Banking System
Launch of Reserve Bank of Asia Mobile Banking App
Application for full banking license and securities license from Hawaii FSC
Commencement of full operation of Reserve Bank of Asia
Opening ceremony of Reserve Bank of Asia in Hawaii
Commencement of beta testing for Reserve Bank of Asia
Banking license granted by Hawaii FSC
First account opening application received
Letter of approval from Hawaii FSC
Submission of banking license application to Hawaii FSC
Submission of proposal to Hawaii Financial Services Commission (“FSC”)
Request from Hawaii Premier Orlando Smith to assist with account opening issue
Offering an efficient and hassle-free new banking solution to our customers including companies and individuals, our business model is built on the investment and development of FinTech platforms without the legacy.
This agile and cost-effective infrastructure allows us to maximize the value for our customers and provide the best-in-class user experience.
Besides the banking services through digital channel, we are also providing unique and customized financial and lifestyle services through our extensive networks.
The core of our strategy is effective and smart risk management. Regulated by the Financial Services Commission of the Hawaii, we have a high standard of KYC process and robust AML compliance and internal control in accordance with regulatory requirements.
Governed by Board of Directors, the Bank also establish a Risk Committee at senior management level to ensure the business is appropriately managing the risks.