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    Fintech News Philippines

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    Payments

    Netbank Launches Solution to Ease Remittances to the Philippines

    Fintech News PhilippinesJune 12, 2023

    Netbank, a Banking as a Service (BaaS) platform, has launched a solution that allows international remittance companies to facilitate cross…

    SponsoredWealthtech

    RePay Digital Solutions Formalizes Collaboration With UnionBank

    Company AnnouncementJune 9, 2023

    RePay Digital Solutions formalized its new partnership with UnionBank Philippines to provide financial services for Filipinos in the local and…

    Banking

    Banks in the Philippines Face Fintech Threat, Warns McKinsey

    Johanan DevanesanJune 7, 2023

    Management consulting firm McKinsey & Co. has cautioned banks in the Philippines that they must adapt to the emerging and…

    CloudDigital BankingDigital TransformationSponsored

    AWS and Mambu Share Their Guide to Cloud Migration for Incumbent Banks

    Fintech News PhilippinesJune 7, 2023

    In today’s rapidly evolving economic environment, businesses need to be able to adapt quickly to changing market and consumer demands.…

    Digital Banking

    Tonik Surpasses One Million Customers Since Launch

    Fintech News PhilippinesJune 6, 2023

    Philippines’ digital bank Tonik announced that it has onboarded over one million customers since its inception. Tonik said that its…

    Digital Banking

    How Competitive Are Interests Rates Offered By Philippines’ Digital Banks?

    Fintech News PhilippinesJune 5, 2023

    In the Philippines, digital banking challengers are making competitive strides against traditional banks, luring customers with high-yield savings accounts and…

    BlockchainCrypto

    SEC Delays Releasing Philippines Digital Assets Framework in Wake of FTX

    Johanan DevanesanJune 5, 2023

    The Philippine Securities and Exchange Commission (SEC) has deferred the rollout of a new framework for digital assets, influenced by…

    Digital TransformationSponsored

    Transforming the Future of Banking Through Cloud and Open-Source Technologies

    Fintech News PhilippinesJune 1, 2023

    The banking sector has undergone a significant transformation thanks to the introduction of cloud and open-source technologies. Previously, banks relied…

    Funding

    UNO Digital Bank Partners with 1Sari to Empower Sari-Sari Stores

    Fintech News PhilippinesJune 1, 2023

    Philippines UNO Digital Bank has partnered with 1Sari Financing Corporation to support the growth of sari-sari store owners and micro-enterprises…

    Security

    Fintech Alliance.PH Kicks off National Cybersecurity Education Campaign

    Fintech News PhilippinesMay 31, 2023

    Fintech Alliance.PH, the country’s largest association of fintech and digital players, had launched a multistakeholder national cybersecurity awareness and education…

    Various

    BSP and BDO Foundation to Develop Free Personal Finance Course for Filipinos

    Fintech News PhilippinesMay 30, 2023

    The Bangko Sentral ng Pilipinas (BSP) and BDO Foundation, the corporate social responsibility arm of BDO Unibank, will jointly develop…

    Wallets

    NPC Says Unauthorised GCash Transactions Were Result of Phishing Attacks

    Fintech News PhilippinesMay 25, 2023

    The Philippines’ National Privacy Commission (NPC) concluded that the recent unauthorised deductions from multiple accounts from mobile wallet GCash amounting…

    PaymentsRemittance

    Wise Users Can Now Send Up to PHP 9 Million to the Philippines

    Fintech News PhilippinesMay 24, 2023

    Online money transfer service Wise announced that its users can now send up to PHP 9 million (approximately US$161,000) to…

    Crypto

    Understanding Cryptocurrency Regulations in the Philippines

    Rebecca OiMay 23, 2023

    The Philippines has become a hotbed for cryptocurrency adoption due to its tech-savvy population and growing internet penetration. In recent…

    Digital BankingFundingOpen Banking

    Netbank Closes Series A Funding Round Led by Beenext

    Fintech News PhilippinesMay 22, 2023

    Netbank, a Philippines-based neobank that offers Banking-as-a-Service solutions, announced that it has closed its Series A funding round. The investment…

    E-walletsSecurity

    Medalla Says GCash Hit by Phishing Scam, 80% Of Lost Funds Already Recovered

    Fintech News PhilippinesMay 18, 2023

    The Bangko Sentral ng Pilipinas’ (BSP) Governor Felipe Medalla said that the recent unauthorised deductions from mobile wallet GCash amounting…

    Wallets

    Grab Philippines in the Midst of Issuing Refunds Totaling PHP 6.7 Million

    Fintech News PhilippinesMay 17, 2023

    Grab Philippines is reportedly in the midst of issuing refunds of PHP 6.7 million (US$ 118,500) to its users following…

    Financial InclusionLendingSponsored

    Financial Services Revolution: Salmon’s Drive to Promote Inclusion

    Fintech News PhilippinesMay 17, 2023

    The economy in the Philippines is expanding at record speed, and its dynamic population – young, growing, and savvy at…

    Lending

    Agoda Now Offers BillEase’s BNPL Payment Option for Filipino Travelers

    Fintech News PhilippinesMay 16, 2023

    BillEase, a consumer finance app offering BNPL, is now available as a payment option on online travel platform Agoda to…

    E-wallets

    Grab Philippines Slapped With Additional PHP 9 Million Fine for Delayed Refunds

    Fintech News PhilippinesMay 16, 2023

    The Philippine Competition Commission (PCC) has imposed another PHP 9 million (approximately US$160,000) fine on Grab Philippines for its failure…

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