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    Fintech News Philippines

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    Digital Banking

    GoTyme Bank To Reach 5.3 Million Customers by the End of 2024

    Fintech News PhilippinesDecember 12, 2024

    GoTyme Bank, a digital bank in the Philippines, has announced impressive growth, surpassing its initial projections, Business World Online reports.…

    BankingDigital Transformation

    RCBC Announces Leadership Restructuring and Key Appointments

    Fintech News PhilippinesDecember 11, 2024

    Rizal Commercial Banking Corp. (RCBC) is undergoing a significant leadership reshuffle as part of its strategy to accelerate digital transformation…

    BankingBlockchainSecurity

    BSP Expands ASTERisC Platform to Boost Cybersecurity Oversight for All Banks, VASPs

    Fintech News PhilippinesDecember 10, 2024

    The Bangko Sentral ng Pilipinas (BSP) has announced the expansion of its regulatory platform, ASTERisC*, to include all banks and…

    Banking

    SB Capital Rebrands as Security Bank Capital Investment Corp.

    Fintech News PhilippinesDecember 10, 2024

    SB Capital Investment Corp., the investment banking subsidiary of Security Bank Corp., official rebrands its name to Security Bank Capital…

    BlockchainPayments

    BSP’s Project Agila Explores Wholesale CBDC for 24/7 Interbank Transfers

    Fintech News PhilippinesDecember 9, 2024

    The Bangko Sentral ng Pilipinas (BSP), together with participating financial institutions (FIs), have completed the testing phase of Project Agila.…

    Digital BankingFinancial Inclusion

    The Philippines May Have Up to 10 Digibanks Next Year But Will They Add Any Value?

    Izzat Najmi AbdullahDecember 6, 2024

    The Philippines is gearing up for a potential surge in digital banks (digibanks). With the Bangko Sentral ng Pilipinas (BSP) hinting at granting…

    Digital BankingSponsored

    Making the Digital Transition With 4 Zeros for Financial Institutions

    Sponsor: HuaweiDecember 5, 2024

    In the last two years, some large banks have been hit with very public, lengthy – over 10 hours –…

    Digital Transformation

    SB Corp Chooses Oradian for Core Banking Upgrade

    Fintech News PhilippinesDecember 4, 2024

    Small Business Corporation (SB Corp), a Philippine government-owned financial institution focused on supporting MSMEs, has partnered with Oradian, a cloud-based…

    E-walletsPayments

    Apple, Google in Talks With BSP to Bring E-wallets to the Philippines

    Fintech News PhilippinesDecember 4, 2024

    The Bangko Sentral ng Pilipinas (BSP) has confirmed ongoing discussions with Apple and Google regarding the potential introduction of their…

    Digital Banking

    BSP May Grant More Than Four New Digital Bank Licenses in 2025

    Fintech News PhilippinesDecember 4, 2024

    The Bangko Sentral ng Pilipinas (BSP) may issue more than the initially planned four additional digital banking licenses when its…

    AIBankingPhilippines

    Wasting AI’s True Potential Leaves Southeast Asia Banks Vulnerable to Financial Crime

    Izzat Najmi AbdullahDecember 4, 2024

    Southeast Asia currently find themselves in the midst of a serious challenge in financial crime (fincrime). Countries like the Philippines,…

    Various

    Philippines Eyes Growth in Islamic Finance Sector

    Fintech News PhilippinesDecember 3, 2024

    The Bangko Sentral ng Pilipinas (BSP) underscored the potential of the Philippines as a hub for Islamic finance at the…

    Banking

    MUFG Sells 25% Stake in Home Credit Philippines to Security Bank for US$177M

    Fintech News PhilippinesDecember 2, 2024

    Japan’s MUFG is selling its 25% stake in Home Credit Philippines (HCPH) to Security Bank, an affiliate in the Philippines.…

    Videos

    Banking After Hours: What Will Be AEON Bank CEO Raja Teh Maimunah’s Legacy

    Fintech News PhilippinesNovember 30, 2024

    Raja Teh Maimunah, the CEO of Malaysia’s first digital islamic bank, ‪AEON Bank‬ is among one of the country’s most…

    Financial InclusionPayments

    Real-Time Payments to Give 21 Million Filipinos Bank Access by 2028

    Fintech News PhilippinesNovember 28, 2024

    Real-time payments are projected to expand banking access to nearly 21 million unbanked Filipinos and boost the country’s GDP by…

    PhilippinesReport

    5 Key Highlights from the Philippines Fintech Report 2024

    Fintech News PhilippinesNovember 28, 2024

    The fintech landscape in the Philippines is experiencing rapid growth, with digital payments soaring and over 300 companies innovating across…

    BlockchainCrypto

    BSP Seeks Stricter Data Reporting for Virtual Asset Firms

    Fintech News PhilippinesNovember 26, 2024

    The Bangko Sentral ng Pilipinas (BSP) is seeking to tight reporting requirements for Virtual Asset Service Providers (VASPs) to address…

    E-walletsPayments

    Regulator Investigates Mynt’s Bid to Acquire ECPay Over Competition Concerns

    Fintech News PhilippinesNovember 25, 2024

    The Philippine Competition Commission (PCC) is taking a closer look at the proposed acquisition of ECPay by Globe Fintech Innovations…

    Digital BankingFinancial Inclusion

    New Digibanks Could Launch in the Philippines by 2025, BSP to Issue 4 New Licenses

    Fintech News PhilippinesNovember 25, 2024

    The Bangko Sentral ng Pilipinas (BSP) is set to issue up to four new digital bank licenses in a bid…

    Digital BankingLending

    Salmon Acquisition Drives Growth at Rural Bank With Rise in Profits, Deposits

    Fintech News PhilippinesNovember 25, 2024

    The Rural Bank of Sta. Rosa (Laguna) has reported a significant increase in net income for the first nine months…

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