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    Payments

    BSP Rolls Out Framework to Safeguard Merchant Payment Systems

    Fintech News PhilippinesJuly 22, 2024

    The Bangko Sentral ng Pilipinas (BSP) has introduced a new regulatory framework for merchant payment acceptance activities (MPAA) to expand…

    Digital Banking

    GoTyme Bank Hits P17.3 Billion in Deposits with Record Customer Growth

    Fintech News PhilippinesJuly 22, 2024

    GoTyme Bank has announced that it has booked deposits totalling P17.3 billion, driven by a significant increase in new customers.…

    Security

    New Anti-Scamming Law AFASA Gains Approval from BSP

    Fintech News PhilippinesJuly 22, 2024

    The Bangko Sentral ng Pilipinas (BSP) has endorsed the recent passage of Republic Act No. 12010, also known as the…

    Banking

    UnionDigital President and CEO Henry Aguda Resigns; Danilo Mojica II to Succeed

    Fintech News PhilippinesJuly 17, 2024

    UnionDigital Bank has announced that its board has accepted the resignation of Henry Aguda as president and chief executive, effective…

    Remittance

    RCBC FastPay Partnership to Ease Remittances for Filipino OFWs in Taiwan

    Fintech News PhilippinesJuly 16, 2024

    Rizal Commercial Banking Corporation (RCBC) has announced a new collaboration with FastPay, a mobile remittance app operating exclusively in Taiwan.…

    Banking

    Digitalisation Influences Fewer BSP Approvals of New Bank Branches in Q1 2024

    Fintech News PhilippinesJuly 16, 2024

    The Bangko Sentral ng Pilipinas (BSP) has approved applications for five regular bank branches and 23 branch-lite units in the…

    Banking

    Walter Wassmer Joins BSP Monetary Board, Bringing Private Banking Expertise

    Fintech News PhilippinesJuly 16, 2024

    Veteran banker Walter C. Wassmer has been appointed by President Ferdinand R. Marcos, Jr. as a member of the Bangko…

    PaymentsPhilippines

    Real-Time Payments Surge in the Philippines

    Fintech News PhilippinesJuly 16, 2024

    In the Philippines, real-time payments have experienced considerable growth in recent years. In 2023, instant payments accounted for 47.2% of…

    Digital Banking

    Tonik Financial Customer Deposits Decline as Interest Income Triples

    Fintech News PhilippinesJuly 15, 2024

    Tonik Financial, the parent company of the Philippines-based digital lender Tonik Digital Bank, reported reduced year-on-year losses in 2023, though…

    Crypto

    BSP Cautions Public About AI-Driven Crypto Scams on Social Media

    Fintech News PhilippinesJuly 15, 2024

    The Philippines’ central bank, Bangko Sentral ng Pilipas (BSP) issued a warning last week, urging citizens to exercise greater caution…

    Videos

    Asia Pacific’s Great Digital Banking Experiment

    Fintech News PhilippinesJuly 10, 2024

    Asia Pacific’s regulators have been experimenting with digital banking licenses in the past decade, paving the way for a new…

    Banking

    Metrobank Investment Arm FMIC Appoints Antonio R. Ocampo, Jr. as New President

    Fintech News PhilippinesJuly 9, 2024

    First Metro Investment Corp. also known as FMIC, has revealed its new president. It announced the appointment of Antonio R.…

    Open Banking

    Fintech Alliance.PH Declares Support for BSP’s Open Finance PH Hackathon

    Fintech News PhilippinesJuly 9, 2024

    Philippines fintech industry organisation Fintech Alliance.PH has announced its support for the Bangko Sentral ng Pilipinas (BSP)’s “Race to the…

    Blockchain

    Coins.ph Launches Peso-Pegged PHPC Stablecoin on Ronin Blockchain

    Fintech News PhilippinesJuly 9, 2024

    Philippines cryptocurrency exchange Coins.ph has introduced its Philippine Peso (PHP) stablecoin, PHPC, on Ronin, a major gaming blockchain by daily active…

    Events

    GCash Unveils In-App Plans to Double Down on AI

    Fintech News PhilippinesJuly 3, 2024

    GCash, the leading e-wallet and digital financial services ecosystem in the Philippines, introduced new innovations at the recent GCash Futurecast,…

    Lending

    Zafer Mustafaoglu to Be World Bank Country Director for Philippines, Malaysia, Brunei

    Fintech News PhilippinesJuly 2, 2024

    Zafer Mustafaoglu has been appointed as the new country director for the Philippines, Malaysia, and Brunei by the World Bank.…

    Banking

    UnionBank Names Ana Maria Aboitiz Delgado as Incoming President for 2025

    Fintech News PhilippinesJuly 2, 2024

    Union Bank of the Philippines (UnionBank) has announced that Senior Executive Vice President Ana Maria Aboitiz Delgado will take the…

    BankingSecurity

    BancNet Enhances Cybersecurity Measures, Citing e-Banking Partners’ “Collective Security”

    Fintech News PhilippinesJuly 2, 2024

    BancNet Inc., an electronic banking consortium, has reinforced its cybersecurity protocols in response to the banking industry’s increasing reliance on…

    Lending

    Angelo Z. Padua Takes Helm as Metrobank Financing Unit ORIX METRO President

    Fintech News PhilippinesJuly 2, 2024

    The financing arm of Metropolitan Bank & Trust Co. (Metrobank) has appointed a new president, the company announced on Monday.…

    Various

    BPI and Other Major Players Join Fintech Alliance Philippines as Members

    Fintech News PhilippinesJuly 1, 2024

    The Fintech Alliance Philippines has announced the addition of new members, including Bank of the Philippine Islands (BPI), SGV &…

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