Archive

Filipinos Embrace Insurtech at Home and Abroad

Did you know that only 3 % of the Philippines’ 113 million population have insurance? That’s a vast potential that is attracting more attention when coupled with their changing attitude to insurance thanks to digitalisation. This includes a better understanding

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Philippines Fintech Requires Robust Cybersecurity to Fight Off Bad Actors

Concerns and awareness about cybersecurity have been at the forefront as the Philippines increase digital payment services and move towards a cashless society. The parallel relationship between usage and scam has been evident in the age of fintech, and the

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Agile Banking Transformation: A New Era in Banking

The world of financial services is in a state of constant change, with many traditional banks across the Asia Pacific, and indeed the world, now actively pursuing digital transformation strategies. For many of these organisations, it has been the impact

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Cashless Philippines: Becoming a Cash-Lite Economy

The Philippines has been gaining tremendous momentum in its bid to become a cashless society. Such is the speed of the process that, according to the latest Visa Consumer Payment Attitudes Study, 92 percent of Filipinos have been using multiple cashless

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BTI Payments Launches Self-Service Pay&Go Kiosks in Ayala Malls Nationwide

BTI Payments, a subsidiary of Australian ATM and payment technology leader Banktech, recently partnered with Ayala Malls to launch their Pay&Go kiosks at Ayala establishments around the country. Strategically placed self-service kiosks in Ayala Malls in key urban areas will

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Ingenico and Premise Partner to Provide Cash-Driven Merchants Digital Payment Solutions

Embedded banking platform Premise has partnered with French payments company Ingenico to provide digital payment solutions to cash-driven micro merchants across the Philippines. Premise will deploy Ingenico’s Android payment terminal to enable cashless payment methods, and link to its cloud-based

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3 Ways Machine Learning Can Enhance Your Lending Process

A vast majority of the populations in the emerging markets of Southeast Asia, Latin America, and India are at the cusp of financial inclusion, thanks to the growing availability and adoption of digital lending services. The fintech-as-a-service market is predicted

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Two Filipino Fintech Leaders Recognised at SFF Global Fintech Awards

Two Filipino fintech companies’ leaders received awards at the recent Singapore Fintech Festival (SFF) Global FinTech Awards 2022 UNO Digital Bank Manish Bhai, Founder, CEO, was awarded the Top 10 FinTech Leaders award. Meanwhile, GeiserMaclang founder Cristina Amor Maclang walked

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RCBC Receives US$460M Strategic Investment From SMBC

Sumitomo Mitsui Banking Corporation (SMBC) has increased its stake in Rizal Commercial Banking Corporation (RCBC) from 4.999% to 20.0%, providing an injection of PhP 27.126 billion (approximately US$ 460.78 million) in capital. SMBC’s strategic investment is said to be part

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Here’s How Okta Helped Singlife with Aviva Deliver a Seamless Login Experience

Singlife with Aviva was formed through the merger of Singlife and Aviva Singapore, bringing together one of the world’s oldest insurers with Singapore’s youngest homegrown financial services company. While the merger was officially completed in January 2022, it also presented

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