Philippines digital banks have seen remarkable growth, collectively amassing over PHP 80 billion in deposits by June, according to a…
Payments giant Visa has launched its first transit project in the Philippines, enabling contactless payments on modern jeepneys in Cebu…
Filipino digital bank GoTyme has onboarded 1.7 million new customers in the first half of 2024, bringing its total user…
In the dynamic landscape of the Asian payments industry, a palpable shift is underway – one characterised by the rapid…
The Bangko Sentral ng Pilipinas (BSP) and the National Bank of Cambodia (NBC) have signed a Memorandum of Understanding (MOU)…
The Bangko Sentral ng Pilipinas (BSP) has released its Sustainability Report 2023, highlighting major steps in sustainable finance. These include…
The Bangko Sentral ng Pilipinas (BSP) and the Department of Labour and Employment (DOLE) are urging labour and employer sector…
Payment processing platform PayMongo has unveiled its latest offering—the PayMongo Wallet—designed to streamline digital transactions for small and medium enterprises…
Investagrams Inc. has announced a new partnership with the Philippine Digital Asset Exchange (PDAX) to enhance accessibility to cryptocurrency trading…
State-owned Credit Information Corporation (CIC) has inked an agreement with ADVANCE.AI to establish a new credit bureau in the Philippines.…
Singlife Philippines has launched the Singlife Super Boost Programme, a new life insurance initiative that allows customers to earn up…
Filipino digital bank Maya has disbursed a total of PHP 47 billion (approximately US$819 million) in loans to over a…
Philippine-based BNPL (Buy Now, Pay Later) and consumer finance startup BillEase achieved profitability in 2023. This was driven by robust…
Martha Sazon, CEO of GCash, told Bloomberg that the Filipino e-wallet is considering applying for a digital bank license after…
Bangko Sentral ng Pilipinas (BSP) will lift the moratorium on granting new digital banking licenses starting 1 January 2025, allowing…
Philippines-based mobile e-wallet GCash is still eyeing an initial public offering (IPO), but the timing depends on improvements in market…
Over a thousand attendees joined the annual summit organised by Fintech Alliance Ph, an association for fintech and digital innovators…
Netbank, a rural bank specialising in embedded finance, has entered into a loan channelling agreement with local fintech Salmon. The…
The Bangko Sentral ng Pilipinas (BSP) has unveiled its Financial Services Cyber Resilience Plan (FSCRP) to bolster the defense of…
Globe Fintech Innovations, Inc. (Mynt), the parent company of GCash, has secured new strategic investments from Ayala Corporation and Mitsubishi…