Archive
BSP, French Development Agency Sign PHP 41.3 Million Grant for Financial Inclusion Push
Bangko Sentral ng Pilipinas (BSP) and the Agence Française de Développement (AFD) signed a grant facility agreement of 700,000 Euros (around PHP 41.3 million) to support the Philippines’s financial inclusion drive, especially among rural and women-owned enterprises. This will fund
Read More
Tonik Ventures Into the Consumer Lending Market With ‘Quick Loan’ Offering
Philippines’ neobank Tonik announced that it has launched a Quick Loan product on its platform marking its venture into the consumer lending market in the country. Tonik said that its all-digital Quick Loan is designed to serve the unbanked and
Read More
Welcome Bank Links up With FinScore for Alternative Credit Scoring
Philippines-based alternative credit scoring provider FinScore has partnered with Welcome Bank (Rural Bank), one of the subsidiaries of Korea’s Welcome Financial Group. The partnership will enable Welcome Bank to integrate FinScore’s predictive credit scores into it credit risk models. FinScore’s
Read More
Stronger Mobile Application Security Is the Key to Revenue Growth
Financial institutions have been moving towards expanding digitisation for years, offering remote banking services, and prioritising the customer experience in digital platforms. In 2020, however, the COVID-19 pandemic has dramatically accelerated this shift. With less access to bank branches, the
Read More
Fraud Prevention Tactics for Cross-Border eCommerce Businesses
Making the decision to take your eCommerce business global can be a lucrative one, but also introduces a higher risk of fraud attacks. In this article, learn how to protect your business from fraud when selling internationally. There’s no better
Read More
FICO Survey: Filipinos Say Financial Institutions Ask Too Many Questions
Data analytics company FICO’s digital banking survey shows that people in the Philippines expect a seamless banking experience when it comes to opening an account via a mobile app or website. Three in five expecting to answer 10 questions or
Read More