Fintech News Philippines

InsurTech

Filipinos Embrace Insurtech at Home and Abroad

Did you know that only 3 % of the Philippines’ 113 million population have insurance? That’s a vast potential that

Security

Philippines Fintech Requires Robust Cybersecurity to Fight Off Bad Actors

Concerns and awareness about cybersecurity have been at the forefront as the Philippines increase digital payment services and move towards

Digital Transformation Sponsored

Agile Banking Transformation: A New Era in Banking

The world of financial services is in a state of constant change, with many traditional banks across the Asia Pacific,

Payments Wallets

Cashless Philippines: Becoming a Cash-Lite Economy

The Philippines has been gaining tremendous momentum in its bid to become a cashless society. Such is the speed of

Digital Payments Sponsored

BTI Payments Launches Self-Service Pay&Go Kiosks in Ayala Malls Nationwide

BTI Payments, a subsidiary of Australian ATM and payment technology leader Banktech, recently partnered with Ayala Malls to launch their

Digital Payments Payments

Ingenico and Premise Partner to Provide Cash-Driven Merchants Digital Payment Solutions

Embedded banking platform Premise has partnered with French payments company Ingenico to provide digital payment solutions to cash-driven micro merchants

AI Lending Sponsored

3 Ways Machine Learning Can Enhance Your Lending Process

A vast majority of the populations in the emerging markets of Southeast Asia, Latin America, and India are at the

Banking Digital Transformation Payments Various

Two Filipino Fintech Leaders Recognised at SFF Global Fintech Awards

Two Filipino fintech companies’ leaders received awards at the recent Singapore Fintech Festival (SFF) Global FinTech Awards 2022 UNO Digital

Funding Virtual Banking

RCBC Receives US$460M Strategic Investment From SMBC

Sumitomo Mitsui Banking Corporation (SMBC) has increased its stake in Rizal Commercial Banking Corporation (RCBC) from 4.999% to 20.0%, providing

Security Sponsored

Here’s How Okta Helped Singlife with Aviva Deliver a Seamless Login Experience

Singlife with Aviva was formed through the merger of Singlife and Aviva Singapore, bringing together one of the world’s oldest

Blockchain Virtual Banking

UnionBank’s Crypto Services Pilot Goes Live on METACO’s Harmonize

Digital asset technology provider METACO announced that UnionBank has gone live on its flagship platform to pilot the launch of

Cloud Virtual Banking

UnionDigital Bank Now Uses Thought Machine’s Digital Banking Platform

UnionDigital Bank, the digital banking subsidiary of Union Bank of the Philippines, today announced its partnership with cloud-native banking technology

Payments Sponsored

Australia vs New Zealand Payment Tech & What’s New in 2023

Australia and New Zealand. Two nations so alike, but in other ways so different; an antipodean version of the US

Payments

NextPay Helps Medical Professionals Collect Payments and Manage Finances

Digital financial operations platform NextPay enables independent medical professionals to transact with their patients and suppliers, as well as collect,

Payments

Growsari Merchants Can Now Accept Digital Payments Using QR Codes

B2B ordering and store solution platform Growsari has partnered with Instapay to roll out a new feature to enable small

Cloud Sponsored

Beyond Digitalisation: How the Cloud Has Revolutionised Customer Relationships

Before the advent of digitalisation, the process of obtaining a loan was extremely tedious and time-consuming, causing long wait times

Events Sponsored

Fintech Alliance.PH Set to Host the 2nd Edition of the INDX Summit This November

Fintech Alliance.PH, the country’s largest association of fintech and digital players, is hosting the second edition of Inclusion and Digital

Financial Inclusion

GCash Focuses on Hyper Localisation to Push Financial Inclusion Agenda

Philippines’ mobile wallet GCash is focusing on hyper localisation and partnerships with local government units (LGUs) to extend financial services

Lending

Netbank Partners With Zetl to Offer Loans for Filipino SMEs

Netbank, a neobank that offers Banking-as-a-Service solutions, has partnered with APAC lender Zetl to provide financing for small and medium-sized

Financial Inclusion

Diokno Lauds RCBC’s Physical-Digital Banking Service Rollout for Filipinos

Finance Secretary Benjamin Diokno commended Rizal Commercial Banking Corporation’s (RCBC) development of the country’s first mobile human-assisted remote banking service

Various

Digital PERA Contributors Triple as More Filipinos Set Aside Funds for Retirement

The number of Personal Equity and Retirement Account (PERA) contributors almost tripled two years after the Bangko Sentral ng Pilipinas

Cloud Events Sponsored

Alibaba Cloud Will Host Its First Cloud Day in the Philippines in October

Alibaba Cloud is hosting the Alibaba Cloud Summit Philippines 2022 on October 19th at the Grand Hyatt Manila, as it

Various

Ayala’s BPI and Gokongwei-Led Robinsons Bank to Complete Merger by 2023

The Ayala-led Bank of the Philippine Islands (BPI) has inked a deal for a merger with the Gokongwei-led Robinsons Bank

Cloud Digital Transformation Sponsored

Migrating to a Cloud-Native Core Helps Banks Reduce Core Spend by 76% Over 5 Years

Across the globe, financial institutions are under increasing pressure to remain competitive in a rapidly changing financial services landscape. Challenger

Virtual Banking

BSP Lays Out Prudential Requirements for Philippines’ Digital Banks

The Bangko Sentral ng Pilipinas (BSP) has approved the second set of guidelines for digital banks following the release of

E-wallets Lending

GCash Disbursed PHP 40 Billion in Loans to More Than 1 Million Users

Philippines’ mobile wallet GCash announced that it has disbursed more than PHP 40 billion worth of loans as it expanded

Blockchain Payments

I-Remit Taps Ripple’s Liquidity Solution for Same-Day Settlements Globally

I-Remit, a non-bank remittance service provider in the Philippines, will leverage Ripple’s On-Demand Liquidity (ODL) solution to improve its cross-border