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SEC Greenlights Investree Philippines for Permanent Crowdfunding License
The Securities and Exchange Commission (SEC) has granted Investree Philippines a permanent license to operate as a crowdfunding platform following a review of the company’s operations since the issuance of its provisional license in January 2021. Investree Philippines is a
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Tonik Taps Google Cloud to Build its Digital Bank
Philippines’ neobank Tonik announced that it is has built on Google Cloud’s advanced platform to deliver its financial services in just 10 months. The bank had leveraged Google Cloud’s expertise in scalable infrastructure, application programming interface (API) management, machine learning (ML)
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Bangko Sentral Ng Pilipinas Launches Open Finance Framework
The Bangko Sentral ng Pilipinas (BSP) has formally launched the Open Finance Framework, which aims to promote collaborative partnerships and digital transformation as key enablers towards economic resilience and financial inclusion. Open Finance is the extension of data sharing principles,
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Successful Chargeback Management Starts with Fraud Prevention
Failing to prevent criminal fraud makes it harder to address other threat sources that can potentially cause chargebacks. If you’ve operated in the eCommerce space for any significant length of time, you’re probably familiar with credit card disputes, commonly known
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ASEAN Fintech Group Expands Into the Philippines With Acquisition of Jazzypay
ASEAN Fintech Group (“AFG” or the “Group”), a venture corporation that specializes in accelerating fintech adoption through accretive value has acquired JazzyPay Inc valued at US$1.8m. JazzyPay is a digital payments provider that allows businesses of various sizes and types
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