Finance Secretary Benjamin Diokno said that the government will accelerate the rollout of the Philippine Identification System (PhilSys ID) to…
Month: July 2022
The QR Ph Person-to-Merchant (P2M) payment facility, now fully implemented, now may be used in 473,000 merchant locations nationwide as…
If you’re a risk management leader in the Philippines, Circular No. 1140 might keep you up at night. After all,…
Philippines’ online payment processing startup PayMongo has partnered with Atome Philippines to expand Buy Now, Pay Later (BNPL) acceptance among…
Philippines digital bank Tonik announced that Tomasz Borowski will be joining its leadership team as the Group Chief Operations Officer…
Various categories of fintech firms – Buy Now, Pay Later (BNPL), digital lending, payments and collections – are increasingly leveraging…
ATRAM Trust Corporation (ATRAM), an independent asset and wealth manager in the Philippines, announced that it has signed a strategic…
UnionDigital Bank announced that it has secured the necessary approval from the Bangko Sentral ng Pilipinas (BSP) to operate as…
It is evident that digital acceleration is creating a new payments paradigm as corporate non-cash payments are forecasted to reach…
Southeast Asia ride hailing superapp Grab announced via an app advisory that it will delay charging additional fees for InstaPay…
Banking as a Service (BaaS) is seen as one of the biggest opportunities in financial services and is experiencing rapid…
The Bangko Sentral ng Pilipinas’ (BSP) Monetary Board has named PESONet and InstaPay as Prominently Important Payment Systems (PIPS) pursuant to…
The Philippine Postal Corporation (Post Office) has partnered with UBX, a fintech unit created by the Union Bank of the…
The Bangko Sentral ng Pilipinas (BSP) is now on its third phase of sustainability-related regulations with the recent release of…
Across Asia-Pacific (APAC), sustainable finance services are growing in popularity among consumers. But despite rising demand for greener and more…
The share of digital payments to total retail payments volume in the Philippines rose to 30.3% in 2021 from 20.1%…
Rizal Commercial Banking Corporation (RCBC) inked a collaboration with the Cooperative Development Authority (CDA) to digitalise cooperatives nationwide. The partnership…
Former Bangko Sentral ng Pilipinas’ (BSP) Governor has stepped down to hand over the leadership of the central bank to…