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Five Key Takeaways From the Temenos Regional Forums in Asia Pacific
The Asia-Pacific financial sector is undergoing rapid transformation. Consumers’ expectations have significantly increased as a result of the digital revolution and the emergence from the Covid-19 pandemic. That was why banking software company Temenos organised a series of industry events
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Philippines SEC to Accept Only Digital Payments After February 2023
The Securities and Exchange Commission (SEC) announced that it will be making a complete shift towards digital payments by 1 February 2023. The public will have to use the eSPAYSEC that was launched in March last year to make payment of
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Here’s How Fintech Is Modernising Digital Payments in the Philippines
The digital payments landscape in the Philippines has undergone significant growth and evolution in recent years. In 2015, the Bangko Sentral ng Pilipinas (BSP), the country’s central bank, introduced the National Retail Payment System (NRPS) to promote the development and
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Direct Agent 5 Secures Crypto, E-Money and EPFS Licenses From BSP
Direct Agent 5 (DA5), a provider of remittance and forex services, has secured three licenses from the Bangko Sentral ng Pilipinas (BSP). Among them are approvals to operate as a Non-Bank Electronic Money Issuer (EMI), Virtual Assets Service Provider (VASP),
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UNO Digital Bank Taps Trusting Social for AI-Powered Credit Scoring
Philippines’ UNO Digital Bank announced that it has formed a partnership with AI-powered credit scoring platform Trusting Social. Through this partnership, UNO will leverage Trusting Social’s expertise for customer onboarding solutions including credit scoring. Trusting Social’s big data scoring technology
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Coins.ph Bags Advanced Electronic Payment and Financial Services License
The Bangko Sentral ng Pilipinas (BSP) has granted Coins.ph, a Philippines’ digital wallet provider and crypto exchange platform, an advanced Electronic Payment and Financial Services (EPFS) license covering the operation of the Coins Pro exchange. According to a statement by
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Coins.ph Rolls Out QR Payments Feature for Its 18 Million Users
Coins.ph, a Philippines’ digital wallet provider and crypto exchange platform, has launched a new QR payment feature that will allow its users to make convenient cashless payments to merchants and businesses throughout the country. Users can simply click “Pay with
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Key Highlights From the INDX Summit 2.0 Hosted by Fintech Alliance.PH
Fintech Alliance.PH had recently hosted the second edition of Inclusion and Digital Transformation (INDX) Summit on 22-23 November 2022 at the Enderun Tent in McKinley Hill, Taguig City. The event was attended by hundreds of industry practitioners involved in finance
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RCBC Enables MSMEs to Accept Digital Payments Through Its QRph code
Rizal Commercial Banking Corporation (RCBC) has rolled out its NegosyanTech digital payments service to enable micro, small and medium enterprises (MSMEs) to accept any payments from banks and e-wallets through its interoperable QRph code. The “RCBC NegosyanTech Lahat Pwede QRph”
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UnionBank Expands Its Partnership With Hex Trust to Enter The Sandbox Metaverse
Union Bank of Philippines (UnionBank) announced its entrance into the The Sandbox metaverse, a decentralised gaming virtual world and a subsidiary of Animoca Brands, by leveraging Hex Trust’s digital asset custody services. Since March 2021, Hex Trust has been a
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