The Vision of ASECNet eCommunity Solutions Inc. is to enable Peace and Prosperity in the developing countries.
ASECNet's Corporate Mission is to deliver the eCommunity Development Strategy as a solution to the poverty cycle, by invigorating economies of rural areas.
Our contribution is to empower Credit Cooperatives, Credit Unions, Rural Banks and other Countryside Financial Institutions with Frontier-RB2000 and an ATM-POS Applications Concentrator Switch (AC/S).
Frontier-RB2000 and AC/S are our proprietary micro banking and payment technologies which we have integrated with an electronic trading system called YourCROPS (an acronym of Community Resource of Products and Services).
ASECNet's micro banking software called Frontier-RB2000 is currently operational in 134 rural banks in the Philippines.
On August 29. 2008, ASECNet signed a Memorandum of Agreement with the Philippine Federation of Credit Cooperatives to activate its 1,200 credit cooperatives (serving over one million members) with the electronic banking, trading and payment technologies of ASECNet.