Mynt’s GCash Clocks Over 60 Million Registered Users

GCash, a Philippines’ mobile wallet operated by Mynt under Globe’s corporate venture builder 917Ventures, announced that it now has over 60 million registered users and more than five million merchants nationwide. Additionally, GCash said that it records 29 million daily

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At the Cusp of a BaaS Revolution, Here Are Some of the Challenges

The future of finance is open, and the rise of Banking-as-a-Service (BaaS) means this future is closer than ever. The BaaS industry is quickly maturing, with 88% of senior APAC executives – in industries from banking and technology to healthcare

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BSP and PPMI Set to Launch Three E-Payment Streams Over the Next Two Years

The Bangko Sentral ng Pilipinas (BSP) and the Philippine Payments Management Inc. (PPMI) will launch three e-payment streams as part of a push to broaden the use of digital payments over the next two years. BSP’s Governor Benjamin E. Diokno

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Banks Need to Avoid Risks of a Big Bang Transition When They Digitise

The latest research by the International Data Corporation (IDC) and Thought Machine, a cloud native core banking technology firm, revealed that 40% of banks in the Asia Pacific will make significant changes to their current core banking systems in the

Read More Raises US$30 Million in Series C to Deepen Its Southeast Asian Presence

Philippines’ fiat and crypto wallet services provider announced that it has closed a US$30 million Series C financing led by Ribbit Capital, and joined by other strategic investors. The company said that the new capital will be used to

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GCash Partners With Generali Philippines to Roll Out More Insurance Packages

Philippines’ mobile wallet GCash has teamed up with Generali Philippines to offer four affordable insurance packages on GCash’s GLife feature. GLife is a lifestyle “mini app” within GCash that offers food, groceries, gadgets, fashion, beauty products, and now insurance to

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Understand These Important Points if You Are a Retail Trader

According to statistics on the websites of many forex & CFD brokers, an average of 77% of traders lose money trading derivatives. Other reports also say 90% of traders lose money trading online on a general scale be it equity,

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BSP Lauds the Government’s Move to Shift to Digital Payments

The Bangko Sentral ng Pilipinas (BSP) says the issuance of the executive order on the adoption of digital payments for government disbursements and collections is a welcome move. The executive order mandates all departments, agencies, and instrumentalities of the government,

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Grab Philippines Rolls Out Business Loan Offering for Its Merchants

Grab, through its SEC-licensed lending arm known as Grab Financial Services Philippines, announced that it has launched its new loan service programme for its merchant partners known as Quick Cash. With Quick Cash’s fast disbursal and easy application process, merchants

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Using E-Signatures to Ensure Business Continuity in an Increasingly Digital World

The COVID-19 pandemic has accelerated the trend towards digitisation. Suddenly, government agencies, organisations, and businesses of every industry have been thrust into a world of remote processes, and the need for technology that enables business continuity has never been higher. Businesses

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