Posts From Fintech News Philippines

Plans for the Launch of Philippines Fintech Sandbox Are Underway

The two Philippines fintech groups, Fintech Alliance.PH and Fintech Philippines Association, announce plans to collaborate on the launch of the Philippines Fintech Industry Sandbox which is supported by the UK Prosperity Fund ASEAN Economic Reform Programme (ASEAN ERP). The initiative

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Year End Message to Our Readers – Offline from 24th December to the 3rd January

Fintech News Philippines would like to take this opportunity to wish all our readers a Merry Christmas and a very Happy New Year. We will be taking a break from the 24th December 2020 to the 3rd January 2021. Until

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Provenir Links up With FinScore for AI-Powered Credit Decisioning

Provenir, risk decisioning and data analytics software provider, announced a new data integration partnership with FinScore, an alternative credit scoring company in the Philippines that uses proprietary AI and machine learning technology in its predictive models to help financial institutions

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RCBC Becomes the Latest Addition to the ASEAN Financial Innovation Network

The ASEAN Financial Innovation Network (AFIN) has announced the inclusion of Rizal Commercial Banking Corporation (RCBC) among the four new members of the API Exchange during the Singapore FinTech Festival 2020. AFIN was established as a non-profit organisation in 2018

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DigiBankASIA Taps Backbase for Its Prospective Digital Bank UNO

Backbase, a banking software provider, has been selected by DigiBankASIA to offer its full-stack digital engagement banking platform solution for its digital bank UNO. Together with ecosystem partners Mambu and Amazon Web Services (AWS), Backbase is powering UNO to deliver

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BillEase Integrates Buy Now, Pay Later Solution With Leading E-Commerce Platforms

Philippines startup First Digital Finance Corporation (FDFC), announced its partnership with prominent e-commerce platforms Shopify, Magento, Prestashop, and WooCommerce to bring BillEase which is its “Buy Now, Pay Later” (BNPL) solution to online retailers in the Philippines. Merchants that use

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UnionBank and StanChart Pilots Blockchain Bond Issuance of PHP 9 Billion

UnionBank has partnered Standard Chartered Bank (SCB) to successfully complete a proof of concept (POC) for the issuance of a retail bond on a digital platform leveraging blockchain technology for bond tokenisation. The 3 and 5.25-year dual tranche issuance totaling

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Mastercard Partners PayMongo to Enable SMEs to Set up Digital Payment Systems

Mastercard has announced a five-year partnership with PayMongo, a Filipino online payment platform, that allows businesses to quickly set up payment systems and accept multiple modes of payment such as cards, e-wallets and other alternative payment options. The strategic partnership

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Labor Department and RCBC to Disburse Funds for Displaced Filipino Workers

Rizal Commercial Banking Corporation (RCBC) and the Department of Labor and Employment (DOLE) will collaborate for an efficient and quick digital disbursement of cash assistance to displaced local and overseas workers affected by the COVID 19 pandemic. The funds will

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JazzyPay and GCash to Provide Cashless Payment Option for Essential Businesses

Philippine fintech startup JazzyPay has partnered with e-wallet GCash to provide cashless payment solutions to essential businesses. The GCash payment facility is now directly integrated into JazzyPay’s PCI DSS Level 1 compliant platform as a payment method for hospitals, clinics, schools,

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