In the Philippines, the market entry of new, digital-first challenger banks is shaking up the banking industry, forcing incumbents to…
Month: May 2022
The widespread shift to online channels during COVID-19 has seen scams and fraudulent activities surge. A new study by Onfido,…
The use of EGov Pay, a system that enables digital payment for government services, jumped by 467 percent to over…
GCash, a Philippines’ mobile wallet operated by Mynt under Globe’s corporate venture builder 917Ventures, announced that it now has over…
The future of finance is open, and the rise of Banking-as-a-Service (BaaS) means this future is closer than ever. The…
The Bangko Sentral ng Pilipinas (BSP) and the Philippine Payments Management Inc. (PPMI) will launch three e-payment streams as part…
The latest research by the International Data Corporation (IDC) and Thought Machine, a cloud native core banking technology firm, revealed…
Philippines’ fiat and crypto wallet services provider Coins.ph announced that it has closed a US$30 million Series C financing led…
Philippines’ mobile wallet GCash has teamed up with Generali Philippines to offer four affordable insurance packages on GCash’s GLife feature.…
According to statistics on the websites of many forex & CFD brokers, an average of 77% of traders lose money…
The Bangko Sentral ng Pilipinas (BSP) says the issuance of the executive order on the adoption of digital payments for…
Grab, through its SEC-licensed lending arm known as Grab Financial Services Philippines, announced that it has launched its new loan…
The COVID-19 pandemic has accelerated the trend towards digitisation. Suddenly, government agencies, organisations, and businesses of every industry have been…
The Bangko Sentral ng Pilipinas (BSP) is exploring applications of machine learning (ML) techniques, particularly in the areas of natural…
Peppermint Innovation, an Australian fintech listed on the ASX, announced that its subsidiary has secured an Electronic Money Issuer (EMI)…
Philippines digital wallet PayMaya announced that it has now rebranded as Maya and officially launched its digital bank touted as…