Archive
Year End Message to Our Readers – Offline From 23rd December to the 2nd January
Fintech News Philippines would like to take this opportunity to wish all our readers a Merry Christmas and a very Happy New Year. We will be taking a break from the 23rd December 2021 to the 2nd January 2022. Until
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Fintech in the Philippines: 2021 in Review
In 2021, the Philippines’ fintech industry continued to grow and mature, building on accelerated adoption of digital channels amid COVID-19, investors’ optimism on the prospect of fintech in the Southeast Asian nation, and continued effort from the government to foster
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Here Are the Key Findings From OneSpan’s Global Financial Regulations Report
OneSpan recently released its second annual Global Financial Regulations Report, that outlines major developments in the regulatory landscape. In conjunction with comprehensive research into how the changing regulatory landscape is impacting the banking community, this year’s report also reveals how
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Russian Digital Bank Tinkoff Taps Finastra to Power Its Philippines Expansions Plans
Moscow-based digital bank Tinkoff announced that it has selected financial services software provider Finastra’s Fusion Essence Cloud core banking solution to power its planned expansion into the Philippines. Finastra’s next generation, cloud-native system will enable Tinkoff to bring a new
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Is Payment Friction Challenging Your Business Growth Ambitions?
Digital payments transaction value is growing exponentially and is expected to climb to US$5.6 trillion in Asia by 2025. For companies that use digital payments, user experience, straight-through processing rates and operational efficiency have become primary concerns. Although companies such
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Types of E-Commerce Fraud and How to Protect Against Them
E-commerce retailers deal with an average of 206,000 web attacks per month. Understanding the various types of e-commerce fraud is essential if you want to know how to effectively stop them. As consumers continue to shift towards purchasing products primarily
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Tonik Surpassed US$100 Million in Consumer Deposits in Less Than a Year
Philippines’ digital bank Tonik announced that it has surpassed PHP 5 billion (US$100 million) in consumer deposits 8 months after its launch of commercial operations. Tonik had previously secured PHP 1 billion (US$20 million) in consumer deposits within a month
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How to Overcome the Rising Challenge of Chargebacks
The cost of chargeback claims can quickly add up for an online retailer. In this article, learn about the single most effective way to overcome the challenge of chargebacks. At this point, there’s no denying that the cost of card-not-present
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Gigacover Expands to the Philippines to Boost the Gig Workforce’s Financial Health
Singaporean financial health platform Gigacover announced its expansion into the Philippines to offer more inclusive insurance and healthcare options tailored for the local gig workforce in partnership with Etiqa and Aventus Medical. The company said that flexible and cost-effective group
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Fintech Philippines Report 2022 Highlights the Rise of Crypto and Advent of Digibanks
In the Philippines, the fintech sector is developing at a rapid pace, fueled by booming digitalization, a favorable regulatory landscape, and ongoing effort by the government to help boost financial inclusion, a new report jointly produced Fintech News Philippines and
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