Posts From Fintech News Philippines
BSP Joins UN-Backed Principles for Responsible Investment
The Bangko Sentral ng Pilipinas (BSP) announced that it has joined the United Nations-supported Principles for Responsible Investment (PRI). Developed in 2015, the PRI is a global network of public and private institutions committed to incorporating environmental, social, and governance
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Atome Expands Debt Facility with HSBC Singapore to Include Philippines
Atome Financial and HSBC Singapore have renewed and expanded their debt facility agreement. The new agreement includes the Philippines market and new consumer financing products. This is an expansion of the original agreement in August 2022. Through this agreement, HSBC
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Alibaba Cloud Summit Philippines 2023 Poised for Kick off This 12 Sept
The Alibaba Cloud Summit Philippines 2023 is set to kick off this 12 September at Grand Hyatt Manila, presenting attendees an opportunity to delve into the realm of cloud technology and foster invaluable connections among like-minded professionals. A live stream
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One Alliance Lending Taps FinScore to Speed up Loan Approvals for Filipino SMEs
Philippines fintech firm One Alliance Lending joins the growing number of local financial institutions to leverage FinScore’s alternative credit scoring to make loans more accessible to more Filipino SMEs. Powered by FinScore’s telco data and advanced analytics, One Alliance Lending
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Netbank Joins UBX’s Open Finance Platform
UBX, a UnionBank of the Philippines’ spin off that offers an open finance platform, has partnered with Netbank, a Philippines-based neobank that offers Banking-as-a-Service solutions, in a push for open and embedded finance. Through this partnership, Netbank is able to
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Philippines Moves Closer to Open Finance Ambitions
The Bangko Sentral ng Pilipinas (BSP), backed by the International Finance Corporation (IFC) and the World Bank, has launched the Open Finance PH Pilot, moving a step closer towards its ambition to leverage open banking and data sharing to advance
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The Philippines’ Up-and-Coming Online and Digital Banking Services
In the Philippines, changing customer behavior and evolving market dynamics in the banking sector have led to increased demand and usage of online banking services in recent years. Bangko Sentral ng Pilipinas (BSP) deputy governor Mamerto Tangonan shared during a
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Fitch Owned Research Firm Shares Positive Outlook for Philippine Fintech Sector
Business Monitor International (BMI), a research firm owned by Fitch Group that provides country risk and industry analysis, is bullish on the Philippines’ fintech sector, arguing that despite risks present in the domestic scene, including rising inflation, a weak regulatory
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Mambu Benchmarking Marks New Era of Resilience and Growth For Lending, Neobanks
The world of business is no stranger to change. In recent years, the upheaval has been profound, sweeping across industries and borders. With the assistance of Mambu cloud-native SaaS platform and remarkable benchmarking data, financial businesses have found a way
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Maya Bank Makes Strides With 2.3M Users, PHP 25B Deposits
Philippines digital bank Maya has signed on 2.3 million users, pulled in PHP25 billion in deposits as well as disbursed over PHP10 billion in loans as of June 2023 since its launch in April 2022, according to a report by
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