Credit-led neobank Zed has received its Certificate of Authority to operate as a standalone credit card issuer from the Bangko…
Month: June 2024
Atome Financial has secured a three-year term loan facility to launch new products in the Philippines, Singapore, Malaysia, and Indonesia.…
The value of electronic fund transfers through the PESONet and InstaPay platforms increased by 37 percent to P5.22 trillion in…
Filipinos can now apply for a wider range of banking services through a new partnership between Bank of the Philippine…
Consumer finance app BillEase aims to increase its net income by 50% this year as it seeks to further expand…
The Bangko Sentral ng Pilipinas (BSP) emphasised digital transformation as essential for enhancing rural bank operations during the Rural Bank…
Salmon Group Ltd. has announced its target to expand its loan portfolio to US$2 billion over the next three to…
The Bangko Sentral ng Pilipinas (BSP) has issued a cautionary memorandum to its supervised institutions regarding the utilisation of robotic…
The Philippine Stock Exchange (PSE) may have to wait before it sees its first e-wallet IPO, as experts suggest that…
Will Generative AI in payments accelerate financial institutions on their path to increased revenue and cost optimisation? The zero-humility ChatGPT…
Maya announced on Wednesday, 19 June, that its digital bank customers are developing stronger savings habits, with average savings account…
Brankas and Global Finteq have announced a strategic partnership to launch one of the first Lending-as-a-Service (LaaS) platforms in the…
South African digital challenger TymeBank, an affiliate of the Tyme Group that also operates GoTyme in the Philippines, plans to…
The International Finance Corporation (IFC) has acquired a stake in fintech company First Circle, investing approximately P410 million (US$7 million)…
GCash, the Philippines’ leading finance app and largest cashless ecosystem, has entered into a collaboration with Meridian, an instant payments…
The Securities and Exchange Commission (SEC) has announced the appointment of its new commissioner, Rogelio Quevedo. His appointment comes following…
From innovative fintech startups to institutions, the race to create a more efficient cross border payments in Asia is intensifying.…
Digital bank and e-wallet platform Maya is unlikely to undertake an initial public offering (IPO) in the next two years,…
UBX has formed a strategic partnership with MediCard Philippines Inc., a prominent health maintenance organisation (HMO), to enhance health access…
BayaniPay, a global payments process automation company, has secured fresh capital of US$3 million to expand the scope and territory…