Archive
Philippines Wants to Spearhead AI Regulatory Framework for ASEAN
The Philippines has indicated plans to introduce a regulatory framework for artificial intelligence (AI) within the Association of Southeast Asian Nations (ASEAN). This was announced by the Speaker of the Philippine Congress, Martin Romualdez, at the World Economic Forum held in
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Digital Banks Engage with BSP to Drive Growth and Foster Open Banking
Digital banks are currently reaching out to the Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank, in an effort to create collaborative relationships and develop an open banking environment. The purpose of this engagement is to increase borrower engagement
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Trade Gold Like a Pro: Essential Strategies for Success in Today’s Market
Gold has long been viewed as a safe haven asset, appreciated for its value and liquidity during times of economic uncertainty. However, the gold market has evolved into a dynamic and complex space that requires skill and strategic trading to
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BSP to Finalise Cross-Border Payments Blueprint, CBDC Report This Year
The Bangko Sentral ng Pilipinas (BSP) is currently finalising a blueprint for instant cross-border payments, which promises to be a competitively priced option in the multinational remittance market. BSP Deputy Governor Mamerto E. Tangonan announced that the BSP is working
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GCash Clarifies ‘Send Money Protect’ Insurance Feature Amid e-Seller Concerns
GCash, a mobile wallet service, recently addressed queries regarding its new insurance product, Send Money Protect, amidst concerns from online merchants. This feature, aimed at enhancing the security of money transfers, is focused on protecting users against online scams and
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Navigating 2024 Trends in Wealthtech and Wealth Management: A Southeast Asia Perspective
As we delve into the transformative landscape of WealthTech and Wealth Management, a keen focus on the geopolitical dynamics and technological advancements is essential for investors and industry players alike. Let’s explore the key trends shaping the WealthTech industry in
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GCash Rolls Out Fraud Insurance to Protect e-Wallet Transfers From Scams
Globe-backed fintech GCash has recently unveiled Send Money Protect (SMP), an in-app embedded insurance feature aimed at bolstering security for users’ money transfers against fraud. This development addresses growing concerns over mounting digital transaction scams in the Philippines. For PHP
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Moneybees and PSulit Expand Physical Crypto Access with JK BitcoinHub Launch
Virtual asset service provider Moneybees has broadened the physical availability of its cryptocurrency exchange offerings in a collaboration with PSulit Money Changer, with the inauguration of JK BitcoinHub at Molito Commercial Complex in Alabang, Muntinlupa City. This move forms part
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BillEase and Razer Merchant Services to Boost BNPL Services in the Philippines
BillEase, a Philippine consumer finance app, has partnered with Razer Merchant Services (RMS) to integrate its payment solutions into RMS’s merchant network, aiming to expand the Buy Now, Pay Later (BNPL) services in the region. This collaboration comes as the
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UnionBank Taps Informatica to Transition Customer Data to Cloud
UnionBank of the Philippines has recently selected Informatica’s intelligent Master Data Management (MDM) SaaS for transitioning its operations to the cloud, aligning with the bank’s digital transformation strategy. This change signifies a shift from UnionBank’s previous on-premises solution to a
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