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Manny Pacquiao to Launch Digital Payment Platform PacPay
Pac Technologies, co-founded by boxing world champion Senator Manny Pacquiao, aims to launch PacPay, a digital payment platform this year. The company will be collaborating with Remsea, a fintech remittance firm licensed by the Monetary Authority of Singapore for the
Read MoreFilipino Teachers Offered Alternative Income Source Through RCBC’s DiskarTech App
Rizal Commercial Banking Corporation (RCBC) has partnered with PLDT, a major telco player from the Philippines, to improve the welfare of the country’s educators by offering them an alternative income source during the COVID-19 pandemic. RCBC, through its DiskarTech app,
Read MorePhilippines Central Bank Inches Closer to Issuing New Digital Banking Regulation
The Bangko Sentral ng Pilipinas (BSP) is planning to issue later this month a new circular on the establishment of digital banks, BSP deputy governor for banking supervision and examination Chuchi Fonacier told the Inquirer on September 2. For his
Read MoreBangko Sentral ng Pilipinas Inks Cooperation Agreement with Indonesia’s OJK
The Bangko Sentral ng Pilipinas (BSP) and Otoritas Jasa Keuangan (OJK) has signed a Memorandum of Understanding (MOU) on 1 September 2020. The MOU was formed to facilitate consultation, cooperation and the exchange of information between the two institutions. It
Read MoreFintech Report Philippines 2020: Mapping out the Fintech Philippines Ecosystem
The Philippines’ fintech ecosystem is brimming with innovation with a vibrant mix of entrepreneurs attempting to fill in the gap within the financial system. Despite the strides that the country has made in this space, the Philippines’ narrative has often
Read MoreAlibaba Cloud Joins Fintech Alliance.Ph
During the recent virtual general membership meeting of the Fintech Alliance.ph, Alibaba Cloud was inducted as its newest member. Alibaba Cloud is the data intelligence backbone of Alibaba Group with more than 3 million customers worldwide. Alibaba Cloud, founded in
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