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    Fintech News Philippines

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    Digital Banking

    BSP Green Lights All Six Digital Banks to Launch Full Operations

    Fintech News PhilippinesAugust 24, 2022

    The Bangko Sentral ng Pilipinas (BSP) has issued Certificates of Authority (COA) to all the six licensed digital banks in…

    BlockchainRemittance

    Coins.ph and OK Remit to Enable Low-Cost Remittances From Japan to the Philippines

    Fintech News PhilippinesAugust 23, 2022

    Coins.ph, a Philippines’ digital wallet provider and crypto exchange platform, and Asian Net, a money transfer company in Japan operating…

    Financial Inclusion

    BSP Says More Than 50% Of Filipinos Now Own a Financial Account

    Fintech News PhilippinesAugust 23, 2022

    The Bangko Sentral ng Pilipinas (BSP) reported that more than half of the country’s adult population now owns a financial…

    Lending

    Atome Partners With Mastercard to Roll Out New BNPL Card for Filipinos

    Fintech News PhilippinesAugust 23, 2022

    Buy Now, Pay Later firm Atome announced that it has partnered with Mastercard to roll out its Atome Card in…

    Payments

    PESONet Transactions Sees Massive Spike With Multi-Batch Settlement Launch

    Fintech News PhilippinesAugust 22, 2022

    The total value of PESONet transactions jumped by 48.1 percent year-on-year, reaching PHP 2.9 trillion in the first half of…

    Wealthtech

    UnionBank Partners With Avaloq to Innovate Its Wealth Management Platform

    Fintech News PhilippinesAugust 18, 2022

    Unionbank of the Philippines announced that it has partnered with Swiss core banking solution provider Avaloq to transform its wealth…

    E-walletsLendingPayments

    GCash Enables Users to Pay Their Bills via Its Micro-Lending Facility GCredit

    Fintech News PhilippinesAugust 18, 2022

    Philippines’ mobile wallet GCash announced that its users will be able to pay their bills via its digital micro-lending facility…

    Crypto

    UnionBank Allows Select Customers to Buy and Sell Bitcoin Within App

    Fintech News PhilippinesAugust 15, 2022

    Union Bank of the Philippines announced that it is set to offer virtual asset exchange services through its mobile banking…

    E-walletsFinancial Inclusion

    Filipino E-wallet GCash Reached 66 Million Users in June 2022

    Fintech News PhilippinesAugust 15, 2022

    Philippines’ mobile wallet GCash has reached 66 million registered users as of June 2022 according to President and CEO Martha…

    Crypto

    BSP Will Not Accept New Crypto License Applications for 3 Years After Sept

    Fintech News PhilippinesAugust 12, 2022

    The Bangko Sentral ng Pilipinas (BSP) announced that it will no longer be accepting applications for new Virtual Asset Service…

    Regtech

    Singaporean Regtech Tookitaki Makes Its Debut in the Philippines

    Fintech News PhilippinesAugust 10, 2022

    Southeast Asian regtech firm Tookitaki announced its launch in the Philippines through a partnership with local payment gateway company Paymongo.…

    Crypto

    Philippines SEC Cautions Public to Not Invest in Binance

    Fintech News PhilippinesAugust 5, 2022

    The Philippines Securities and Exchange Commission (SEC) has cautioned the public to not invest in global cryptocurrency exchange Binance in…

    Digital BankingPayments

    Tonik Enables Real-Time Fund Transfers up to PHP 50,000 With InstaPay

    Fintech News PhilippinesAugust 3, 2022

    Philippines digital bank Tonik announced that it has integrated InstaPay services on its mobile app to enable real-time fund transfers.…

    Digital BankingSponsored

    Rise of Super-Apps Puts Pressure on Incumbents

    Fintech News PhilippinesAugust 3, 2022

    In Asia, bigtechs and new digital banking challengers are rapidly gaining ground, forcing incumbent banks to rethink their business strategy…

    Various

    Citi Wraps up Sale of Philippines Consumer Business to UnionBank for US$700 Million

    Fintech News PhilippinesAugust 3, 2022

    Citi announced that it has completed the sale of its Philippines Consumer Business to UnionBank of the Philippines. The deal…

    Various

    ADB Helps Asian Cities Tap Private Sector Financing to Meet Their Climate Goals

    Fintech News PhilippinesAugust 2, 2022

    The Asian Development Bank (ADB) has launched a new initiative to provide direct advisory support to help cities across Asia…

    Digital Banking

    GoTyme Gets Green Light From BSP to Begin Operations as Digital Bank in the Philippines

    Fintech News PhilippinesAugust 1, 2022

    GoTyme announced that it had secured its Certificate of Authority (COA) to operate as a digital bank by the Bangko…

    Digital BankingFunding

    Philippines’ UNO Digital Bank Raises US$11 Million Led by Malaysia’s Creador

    Fintech News PhilippinesAugust 1, 2022

    Singapore-headquartered financial technology company UNOAsia, the primary incorporator of UNO Digital Bank in the Philippines, has secured US$ 11 million…

    Financial Inclusion

    Philippines Gov’t to Accelerate Roll Out of PhilSys ID, Says Finance Secretary Diokno

    Fintech News PhilippinesJuly 29, 2022

    Finance Secretary Benjamin Diokno said that the government will accelerate the rollout of the Philippine Identification System (PhilSys ID) to…

    Payments

    BSP Accelerates Implementation of the Person-To-Merchant QR Code System

    Fintech News PhilippinesJuly 28, 2022

    The QR Ph Person-to-Merchant (P2M) payment facility, now fully implemented, now may be used in 473,000 merchant locations nationwide as…

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    Banks Are Adopting AI Fast but Struggling to Measure Its Value

    October 21, 2026
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