Posts From Fintech News Philippines
Gcash Partners Roxe to Provide Affordable Blockchain-Based Cross Border Payments
Blockchain infrastructure company Roxe announced that it has partnered with G-Xchange’s GCash to enable affordable cross-border payments. The partnership connects GCash to Roxe’s blockchain-based payment network, where users from around the world can send funds to GCash’s customers. Roxe says
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GoTyme Bank Launches New Visa Debit Card, Aims for 10 Million Clients in 5 Years
Gokongwei Group‘s digital bank GoTyme, interbank network BancNet, and Visa have formed a partnership to introduce the GoTyme Visa ATM Debit Card. This will allow cardholders to conduct Visa transactions worldwide and make ATM withdrawals when traveling outside the country.
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BSP Issues ESG Guidelines to Push for Sustainable Investment Activities
The Bangko Sentral ng Pilipinas (BSP) has issued guidelines to banks on the integration of sustainability principles for investment activities. Banks are expected to consider their sustainability objectives in their investment activities and ensure that such investment contributes to sectors
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InstaPay’s Transactions Continue on an Upward Trajectory
Real-time fund transfer service InstaPay processed close to 300 million transactions with a total value of PHP 5.49 trillion in the first seven months of the year. The average daily volume was 1.37 million transactions. InstaPay enables customers of a
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How Indonesia’s BNPL Giant Leverages Data Science to Drive Innovation
Data science and machine learning are some of the most complex yet important business concepts today. And many companies, irrespective of their niche, rely on them to deliver a better user experience to their customers. But what role do data
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Tonik Users Can Now Pay Their Bills Seamlessly via the BillsPay Feature
Philippines’ digital bank Tonik has enabled the BillsPay feature for its users to seamlessly pay their bills on time via its app through a partnership with Bayad, a multi-channel payment platform in the country. Users can now settle their dues
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Home Credit Philippines Expands Its Reach to Include More Sectors
Consumer finance company Home Credit Philippines (HCPH) announced that it has further expanded its services to several sectors to bring Filipinos closer to the lifestyle they want. Home Credit said that it will continue to find more opportunities to expand
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Fintech Alliance PH Pushes for Consumer Protection-Focused Crypto Regulations
Fintech Alliance.PH, a collaboration amongst strategic players in the digital finance space operating in the Philippines, announced its support for a risk-based regulatory regime that puts consumer protection at the core. The Senate Bill 184 and Senate Resolution 126 was
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BSP Green Lights All Six Digital Banks to Launch Full Operations
The Bangko Sentral ng Pilipinas (BSP) has issued Certificates of Authority (COA) to all the six licensed digital banks in the country, allowing them to pursue full operations. The most recent recipients were UnionDigital Bank and GoTyme Bank, which obtained
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Coins.ph and OK Remit to Enable Low-Cost Remittances From Japan to the Philippines
Coins.ph, a Philippines’ digital wallet provider and crypto exchange platform, and Asian Net, a money transfer company in Japan operating under the brand name of OK Remit, have jointly launched the On-Demand Liquidity (ODL) service on RippleNet to enable instant,
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