Archive
UnionBank Taps NCR’s ATM Solution to Transform Self-Service Banking
The Union Bank of the Philippines has picked NCR Corporation’s ATM as a Service solution to streamline its self-service banking operations. By transferring the maintenance and management of its ATM fleet, comprising over 400 ATMs, to NCR, the bank aims
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Remittance Continues to Play Major Role in Filipino Economy as It Hits Record Highs
Remittances play a critical role in the Filipino economy and have significant social and economic impacts on the country: they help alleviate poverty, are a driving force behind the country’s economy, and help expand the financial sector and promote financial
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RCBC Rolls Out Its Latest Digital Banking App ‘RCBC Pulz’
The Rizal Commercial Banking Corporation (RCBC) announced the launch of its all-in-one banking app – RCBC Pulz. Customers can open an RCBC Pulz account without a minimum balance requirement. Through is digital concierge service, users will be able to deposit or
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Financial Inclusion in the Philippines: The Synergy of Fintech and Rural Banks
In the Philippines, financial inclusion remains a pressing issue, particularly in rural areas where access to financial services is limited. This lack of access can perpetuate a cycle of poverty that is difficult to overcome. The traditional rural banking sector
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Filipino Fintech Salmon Raises US$20 Million Debt Facility
Filipino fintech Salmon announced that it has raised a US$ 20 million debt facility from U.S.-based emerging-markets specialist investment firm Argentem Creek Partners. This will enable Salmon to further scale its lending operations across the Philippines. Salmon will expand its
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Banks, Lenders Get More Insights on Loan Applicants with CrediView by FinScore
FinScore, a Philippines-based alternative credit scoring provider, has introduced its latest offering CrediView – an add-on to its telco credit score. Simulating a credit report, CrediView shows banks and lenders a borrower’s recent loan inquiries from over 40 financial institutions
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Lito Villanueva Named ‘Digital Leader of the Year’ at the PhilSec Awards 2023
Founding chairman of Fintech Alliance.PH Lito Villanueva was named the ‘Digital Leader of the Year’ at the PhilSec Awards 2023 held on 6 July 2023 at the Sofitel Philippine Plaza Manila. Villanueva is also the Executive Vice President and Chief
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Dynamic Data Streamlines Customer Experience, Fights Fraud in Digital Banking
As the digital economy continues to surge and expand, consumer expectations for fast, secure access to products and services seem never-ending. Furthermore, when it comes to financial services, there is an entire generation of consumers cropping up who have barely
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Globe Group Showcases GCash’s Robustness at the Asia New Vision Forum
The Globe Group was represented by its Group President and CEO Ernest Cu at the Caixin Global Asia New Vision Forum (ANVF) held last June 12 to 13 in Singapore. Gathering over 300 business and thought leaders, policymakers, and industry
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Plentina Financial Launches U.S. Robo-Advisory Platform for Global Wealth Building
Filipino-led US-based fintech Plentina Inc. announced that it will be piloting a new robo-advisory service ‘Plentina Wealth’ designed for underserved diasporas to build wealth. Its new U.S. subsidiary Plentina Financial Inc., a U.S. SEC-registered investment adviser, will initially look into
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