Archive
Digital Banking Transactions Continue Surge In Philippines as Quarantine Enters Week 3
From the first three days of the enhanced community quarantine (ECQ), new enrolments in RCBC Online Banking continued to rise. The bank registered last Thursday, March 26, a new high of new enrolments in one day. The daily average of
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More Filipinos Turn to Digital Banking Amidst COVID-19 Lockdown
Rizal Commercial Banking Corp. (RCBC) logged a 259% increase on new sign-ups on its online banking service in the first three days of the implementation of the enhanced community quarantine (ECQ). Bank data show a daily average of 1,116 new
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Philippines’ Student Wins Finastra’s Global Hackathon with Their Agri-Fintech Solution
Finastra has crowned Team ‘WonderTech’ the grand prize winner of its largest-ever global fintech hackathon on its open development platform, FusionFabric.cloud. The Manila-based team was selected for the top honor for its ‘Agree Farm App’ from among five category winners
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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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Skype Co-Founder Bags US$ 20 Million to Push Fintech Lending in the Philippines
Oriente, the technology and data science company creating opportunity through financial access for Southeast Asia, announced today that it has secured a US$20 million debt funding facility from Silverhorn Group, a leading Hong Kong-based multi-asset investment firm. The facility, which
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