Posts From Fintech News Philippines
Coins.ph Marks 10th Anniversary with 10% USDC Rewards Initiative in February
To mark its tenth anniversary, local market cryptocurrency exchange Coins.ph has initiated a program to offer 10% rewards on USDC holdings to its users during February under its HODL and Earn scheme. This initiative, running from the 1st to the
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Brankas Set to Expand QR and e-Wallet Payment Services for NetGlobal Pay
Brankas and NetGlobal Solutions Inc. have recently formalised a Memorandum of Agreement that facilitates a collaborative effort to expand the capabilities of NetGlobal Pay. This initiative focuses on enhancing the platform’s offerings to include QR Ph, pay-by-bank, and pay-by-wallet functionalities
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Tonik and Xendit Collaboration to Grow Digital Banking Payment Options
Tonik Digital Bank and the Southeast Asian payment gateway Xendit have announced a new strategic partnership, set to enhance the range of financial services available to Tonik consumers by introducing secure and convenient options for managing financial transactions. Starting from
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GCash Disbursed Record US$2.1 Billion in Loans Last Year, Doubling 2022’s Figures
Globe Fintech Innovations, Inc. (Mynt) operated GCash has disclosed its performance metrics for the year 2023, revealing a notable increase in disbursement of loans. The online banking platform reported disbursing loans totalling P118 billion (approximately US$2.11 billion), more than doubling
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SEC Slaps P1 Million Fine on CryptoAsset Trading Following Scam Accusations
The Securities and Exchange Commission (SEC) has recently enacted measures against CryptoAsset Trading OPC by revoking its certificate of incorporation and levying a fine. This step was taken in light of the firm’s engagement in unauthorised investment solicitations, which strayed
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GCash Partners Axie Infinity and Ronin to Enhance Web3 Gaming Access
GCash has entered into a strategic partnership with Axie Infinity and Ronin, aiming to facilitate access to blockchain-based gaming, also referred to as Web3 gaming, in the face of challenges brought about by recent cryptocurrency regulations. This collaboration is intended
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Bureau Expands Fraud Prevention Services to Philippines and Indonesia
Bureau, a firm specialising in identity decisioning and fraud prevention, has recently extended its operations into the Philippines and Indonesia. The company says this move underlines its dedication to tackling the challenges associated with fraud and risk prevention in the
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From Manual to Mindful: AI-Powered mindox Analyses Financial Documents Seamlessly
In the current business landscape, where efficiency is increasingly important, many companies, especially in the financial sector, struggle with the demands of manual data entry, often leading to time and resource constraints. AND Global, a fintech company based in Singapore,
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Quezon City Introduces Paleng-QR Ph Plus to Advance Payments Transformation
Quezon City has officially introduced the Paleng-QR Ph Plus programme, a development that marks a significant move towards enhancing the efficiency of payment systems through digital means in the city. The programme was inaugurated in mid-January at the Project 4
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PhilSys Check Enhances ID Verification with New Authentication Services
The Philippine System of Identification (PhilSys) has introduced an authentication service, PhilSys Check, to improve the security of transactions through a digital signature in a QR code on PhilID cards and ePhilIDs. This service is accessible via a website for
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