ING announced that it will leave the retail banking market in the Philippines before the end of 2022. It will,…
Month: June 2022
The Malacañang palace, the official residence and principal workplace of the Philippines’ president, has approved a circular institutionalising the whole-of-government…
Organizations across Asia are facing challenges in recruiting and retaining cybersecurity talents, a skills shortage that’s putting them at risk…
Bangko Sentral ng Pilipinas (BSP) has urged financial institutions to adopt robust control measures against cyber attacks on retail electronic…
In Singapore, small and medium-sized enterprises (SMEs) are struggling to secure sufficient financing from traditional lenders, with most still largely…
Lista, a bookkeeping app for MSMEs based in the Philippines, has raised over US$ 5.1 million in a recent funding…
The pandemic has accelerated the growth of non-face-to-face interactions, forcing banks, merchants and others to swiftly deploy digital tools to…
MoneyGram has partnered the Stellar Development Foundation (SDF) with to initiate the roll out of its crypto-to-cash service that is…
Alibaba Cloud Philippines is set to host the “Alibaba Cloud Day Philippines: Fintech Summit 2022” at the at Grand Hyatt…
Philippines’ mobile wallet GCash has disbursed more than PHP 2.5 billion in cash loans in just 10 months since the…
In the Philippines, consumers were found to be spending much more time on digital bank Tonik than any other finance…
Opportunities are endless with Banking-as-a-Service (BaaS), and nowhere is this more true than in Asia Pacific (APAC). Banks in the…
Philippines’ mobile wallet GCash announced that it had surpassed PHP 500 billion in Gross Transaction Value (GTV) in March 2022.…
The Bangko Sentral ng Pilipinas (BSP) has named Bernadette Romulo-Puyat as its newest Deputy Governor (DG) who will be assuming…
COVID-19 accelerated trends toward remote banking and digitalisation, forcing financial institutions to embrace new technologies and processes to keep their…
The Philippine Dealing System Holdings Corp. (PDS Group) announced the launch of a fully digitally native bond, issued on a…
The Union Bank of the Philippines has digitally transformed and strengthened its Supply Chain Finance (SCF) solution platform to mitigate…
In the midst of the Covid-19 pandemic, a 2020 McKinsey report projected that Asia’s payments sector would be well positioned…