Across the globe, financial institutions are under increasing pressure to remain competitive in a rapidly changing financial services landscape. Challenger…
Month: September 2022
The Bangko Sentral ng Pilipinas (BSP) has approved the second set of guidelines for digital banks following the release of…
Philippines’ mobile wallet GCash announced that it has disbursed more than PHP 40 billion worth of loans as it expanded…
I-Remit, a non-bank remittance service provider in the Philippines, will leverage Ripple’s On-Demand Liquidity (ODL) solution to improve its cross-border…
Mobile wallet GCash has partnered with the Philippine Stock Exchange (PSE) and brokerage AB Capital Securities to launch its in-app…
Did you know that in 2020, 84% of businesses in Asia Pacific reported losses in revenue due to payment fraud?…
The combined value of PESONet and InstaPay transactions went beyond PHP 5.37 trillion during the first seven months of 2022,…
Data enrichment, the process of enhancing internal data with relevant, contextual data obtained from external sources, is critical for financial…
GCash reached P3 trillion in gross transaction value (GTV) in the first half of the year, nearly matching its P3.8…
One of the great advantages of a cloud-based core banking system is its inherent extensibility – that is, it has…
Maya Bank announced that it has reached a 650,000-customer milestone just three months after launch and that it has P5…
The Rizal Commercial Banking Corp’s (RCBC) community-based financial service ATM Go is now servicing all 81 provinces in the Philippines…
Consumer finance app BillEase has closed an up to US$20 million debt facility arranged by Singapore-based Helicap Securities, bringing the…
Blockchain infrastructure company Roxe announced that it has partnered with G-Xchange’s GCash to enable affordable cross-border payments. The partnership connects…
Gokongwei Group’s digital bank GoTyme, interbank network BancNet, and Visa have formed a partnership to introduce the GoTyme Visa ATM…
The Bangko Sentral ng Pilipinas (BSP) has issued guidelines to banks on the integration of sustainability principles for investment activities.…
Traditionally, core banking systems have been regarded as a lender’s main database. While many banks rely on this core banking…
Real-time fund transfer service InstaPay processed close to 300 million transactions with a total value of PHP 5.49 trillion in…
Data science and machine learning are some of the most complex yet important business concepts today. And many companies, irrespective…
Philippines’ digital bank Tonik has enabled the BillsPay feature for its users to seamlessly pay their bills on time via…