Fintech News Philippines
Philippines Government Pushes for Landbank, DBP Merger by Year End
The Philippines government has proposed a merger between the Landbank of the Philippines (LBP) and the Development Bank of the
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Navigating Asia Pacific’s Identity Fraud Landscape
Have you ever watched the chilling cult classic “Invasion of the Body Snatchers”? The 1950s alien takeover movie is best
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Earned Wage Access Firm Advance Raises US$16M to Push Vietnam Expansion
Filipino earned wage access startup Advance announced that it has raised US$16 million in a Pre-Series A funding and expanded
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Mobilewalla LendBetter: The Future of Lending for New-To-Credit Prospects
Financial inclusion and credit access are essential for driving economic growth and improving livelihoods in numerous emerging markets, including South
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RCBC Partners With SwiftPay, Dragonpay to Offer More Digital Payment Options
Rizal Commercial Banking Corporation (RCBC) has partnered with payment gateway providers SwiftPay and Dragonpay to offer more digital payment options
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UnionDigital Bank Partners mWell to Boost Financial Inclusion Among Filipinos
UnionDigital Bank, the digital banking subsidiary of Union Bank of the Philippines, has partnered with an integrated, fully digital health
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GCash’s Loan Disbursements Reached PHP 50 Billion in 2022
Philippines’ mobile wallet GCash reports that its loan disbursements had reached PHP 50 billion in 2022 though its GCredit offering.
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U.S. Banks’ Failures Has No Substantial Impact on Filipino Banks Says BAP
The Bankers Association of the Philippines (BAP) assures the Filipino public that the failures of three U.S. banks in less
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GCash Users Can Now Open UNO Digital Bank Account Directly From App
Philippines’ mobile wallet GCash‘s customers can now open an UNO Digital Bank account directly from the app and access its
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Investree Philippines Taps Provenir for AI-Powered SME Financing
Philippines’ crowdfunding platform Investree will integrate Provenir’s data, decisioning and AI capabilities to provide accessible and inclusive financing to small
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BSP Sets Deadline for Full Adoption of QR Ph by 1 July
The Bangko Sentral ng Pilipinas (BSP) has given all BSP-supervised financial institutions (BSFIs) until 1 July 2023 to fully adopt
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Security Bank Picks ACI Worldwide to Power Its Real-Time Payments Platform
Philippines’ Security Bank has selected ACI Worldwide, a global provider of real-time payments and digital payment software solutions, to help
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InterSystems Survey Highlights Data and Tech Obstacles for Financial Services in Asia Pacific
Financial services firms across the Asia Pacific are facing an ever-increasing array of data and technology challenges stemming from both
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BSP Aims to Lower or Waive Fees for Smaller E-Payments
The Bangko Sentral ng Pilipinas (BSP) said that it will continue to work with banks to lower or waive transaction
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Pay&Go Kiosks Now Available at Lawson Branches for Secure, Convenient Payments
BTI Payments is further strengthening the presence of fast and easy payments in the country, through their latest partnership with
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BillEase Partners With iPay88 to Accelerate BNPL Acceptance for Merchants
BNPL and consumer finance app BillEase has partnered with Malaysian payment gateway provider iPay88 to provide merchants with flexible payment
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8 Fintech Investors in the Philippines You Have to Know
Booming digitalization and increased government support have fueled the growth of the Philippines’ fintech sector. In recent years, the country
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Turning Digital Disruption Into a Competitive Advantage at SMU
Singapore Management University (SMU) is a melting pot of the region’s future leaders of innovation and business. It has been
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HitPay Ties up With BillEase to Enable BNPL Payment Option for SMEs
HitPay, a Singapore-based payment platform for SMEs, has partnered with Filipino BNPL and consumer finance app BillEase to offer local
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What Lies Ahead for Fintech in the Philippines in 2023?
Despite a contraction in startup funding, 2022 was a fruitful year for the Philippines’ fintech industry, which saw the government
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Financial Inclusion in the Philippines: The Synergy of Fintech and Rural Banks
In the Philippines, financial inclusion remains a pressing issue, particularly in rural areas where access to financial services is limited.
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Top 5 Emerging Fintechs in the Philippines to Watch in 2023
In the Philippines, the fintech industry has been rising steadily, driven by booming digitalization, a conducive regulatory environment, and the
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Filipinos Overseas Can Now Use GCash Without a Local SIM Card
Philippines’ mobile wallet GCash can now be used abroad in Japan, Australia, and Italy with international SIM cards through the
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Fintech Alliance.PH Appoints Chairman of Financing and Lending Committee
Fintech Alliance.PH, the country’s largest association of fintech and digital players, has appointed Zdenek Jankovsky as the committee chairman for
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Gobi-Core Now a Co-investment Partner for the Philippines Govt’s US$10M Fund
The Gobi-Core Philippine Fund is now a Co-Investment Partner (CIP) of the Philippine government’s Startup Venture Fund (SVF), one of
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Henry Aguda Named as President and CEO of UnionDigital Bank
UnionDigital Bank, the digital banking subsidiary of Union Bank of the Philippines, has appointed Henry Rhoel R. Aguda as its
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BSP Sets Higher Liquidity and Capital Requirements for e-Money Issuers
The Bangko Sentral ng Pilipinas (BSP) has set higher liquidity and capital requirements for Electronic Money Issuers (EMIs) with significant
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Singapore-Based Neobank Inypay Focusing On Sustainable Development Goals
Singapore-based Inypay announced that it will be launching its neobank, which has been in development for over 6 months, in
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Singapore’s Hitpay Granted Payment License in the Philippines
HitPay, a Singapore-based payment platform for SMEs, has received a license from the Bangko Sentral ng Pilipinas (BSP) to be
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10 Fintechs That Are Transforming SME Lending
Small and medium enterprises (SMEs) are innovative, agile and drive competition. However, they’re often shuffled to the back of the
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