Covid19
AirAsia Philippines Offers Digital Payment Options by GCash and PayMaya
AirAsia is providing its customers with contactless payment options by partnering with GCash and PayMaya. The digital payment option has been available in AirAsia Philippines’ on ground stations since the 1st February 2021. Customers can use their e-wallets for cashless
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Fintech Alliance.PH Urges Enactment of Corporate Tax Incentives Bill
The Fintech Alliance.PH together with 43 other private business groups in the Philippines have expressed support for the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill and are pushing for its quick enactment into law. The groups urged the
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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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ING Banks: COVID-19 Is Causing Fillipinos to Save More
Dutch financial giant and all-digital bank in the Philippines, ING Bank, said that the rise of the “savings mentality” during the quarantine period can be sustained even after the COVID-19 pandemic in the Philippines. In a report by ING’s research
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Philippines’ RCBC is Thriving Despite COVID-19 Pandemic
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) is reporting record-highs in digital growth amid the pandemic and Philippines’ enhanced community quarantine (ECQ). The bank is seeing triple-digit growth of up to 821% in key metrics of RCBC’s online and mobile facilities
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BSP Monetary Board Grants RCBC Approval Distribute COVID-19 Relief Fund
The Bangko Sentral ng Pilipinas (BSP) granted authority to Rizal Commercial Banking Corp. (RCBC) to accept government funds to assist the social amelioration program under the Bayanihan to Heal as One Act. RCBC is the first private universal bank permitted
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COVID-19: UnionBank’s Platform Accelerates Online Donations for Philippine NGOs
Union Bank of the Philippines through its UShare platform, is enabling non-government organizations (NGOs) in the country digitize with some recording up to 30-fold increase in daily online donations after an Enhanced Community Quarantine was imposed on March 17. With
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Philippines’ Financial Industry and NGO Groups Link For Faster COVID-19 Subsidy Delivery
Private companies join hands in support of the government’s social amelioration program to Filipinos severely affected by the COVID-19 enhanced community quarantine (ECQ) through the promotion of alternative encashment facilities nationwide. In an agreement signed today, an operational plan was
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Philippines’ Fintech Industry Group Drives Cashless Initiative Amidst COVID-19 Outbreak
Amidst the current contagion of potential pandemic proportions, the Philippines has reported a series of confirmed COVID-19 cases in the last four days. Given the high risk of local transmission, the Fintech Alliance.ph has heightened its awareness campaign on the
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