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    Fintech News Philippines

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    Digital TransformationSponsored

    Mambu’s Finding Reveals Risks if Banks Do Not Evolve

    Fintech News PhilippinesAugust 25, 2021

    Banking and financial services platform Mambu shares its “Reinventing Banks as Disruptors” whitepaper to help financial institutions get ready for…

    IndonesiaOpen BankingRemittance

    PERA HUB Join Forces With Brankas to Launch Digital Remittance Platform

    Fintech News PhilippinesAugust 24, 2021

    Philippines’ financial services center PERA HUB has joined forces with Brankas, an Indonesian open API technology provider, to launch a…

    Digital Banking

    BSP Will No Longer Be Accepting Digital Bank Applications

    Fintech News PhilippinesAugust 19, 2021

    Bangko Sentral ng Pilipinas (BSP) announced that it will no longer be receiving applications for new digital banks including banks…

    Digital Banking

    Tonik Issues Numberless Physical Debit Card

    Fintech News PhilippinesAugust 18, 2021

    Tonik, a Filipino digital bank that was recently licensed by the Bangko Sentral ng Pilipinas (BSP), has launched the physical…

    Crypto

    Crypto Exchange PDAX Bags US$12.5 Million in Fundraise Joined by Unionbank’s UBX

    Fintech News PhilippinesAugust 18, 2021

    The Philippine Digital Asset Exchange (PDAX), a cryptocurrency exchange licensed by the Bangko Sentral ng Pilipinas, announced that it has…

    e-Commerce Fraud Blog

    How to Prevent Promo Abuse Fraud From Damaging Your eCommerce Business

    Vesta E-Commerce BlogAugust 17, 2021

    In this article, learn about what promo abuse fraud is and the steps you can take to prevent it from…

    Digital Banking

    Gokongwei-Tyme Partnership ‘GOtyme’ Clinches Fifth Digital Bank License From BSP

    Fintech News PhilippinesAugust 17, 2021

    GOtyme, a partnership between Filipino conglomerate Gokongwei Group and Singapore-headquartered digital banking group Tyme, has secured the fifth digital bank…

    Remittance

    UnionBank Offers in-App Western Union Remittance Service in Real-Time

    Fintech News PhilippinesAugust 10, 2021

    Union Bank of the Philippines teams up with Western Union and its agent in the Philippines PERA HUB for a…

    Lending

    SB Finance Taps Finscore’s Telco Data-Powered Credit Scoring Solution

    Fintech News PhilippinesAugust 10, 2021

    Consumer lending company SB Finance has partnered with FinScore to enhance its credit scoring efforts using alternative data. Security Bank…

    Payments

    Manny Pacquiao Releases Limited Edition Digital Payments Card PacPay for Fans

    Fintech News PhilippinesAugust 10, 2021

    Pac Technologies, a Singapore-based startup founded by boxing champion and senator Manny Pacquaio, has launched a limited edition digital card…

    RemittanceWallets

    GCash Partners Ayannah To Roll Out New Remittance Service ‘GCash Padala’

    Fintech News PhilippinesAugust 6, 2021

    Mobile wallet GCash has partnered with leading fintech Ayannah, a Filipino fintech startup that provides affordable and accessible digital financial…

    Remittance

    Philippines’ Outdated Outward Remittance Processes is Overdue for Revamp

    Fintech News PhilippinesAugust 6, 2021

    As Asia’s third largest recipient of remittances, the Philippines relies heavily on money sent home by around 10 million Filipinos…

    Big DataFinancial InclusionLendingSecurity

    Philippines Must Not Overlook Fraud Prevention in It’s Financial Inclusion Journey

    Fintech News PhilippinesAugust 4, 2021

    Digital technologies and online platforms can help emerging markets advance financial inclusion by providing banking services to Gen Z’s, low-income…

    Sponsored

    Huawei Vows To Enable Digital Ecosystem-Based Finance in APAC

    Fintech News PhilippinesAugust 4, 2021

    Huawei held its first virtual Asia-Pacific Intelligent Finance Summit 2021 with the theme “Accelerate Digital Transformation in Banking, New Value…

    Various

    RCBC’s Lito Villanueva Named Chief Innovation Officer of the Year

    Fintech News PhilippinesAugust 3, 2021

    The London-based Financial Times-owned international monthly publication “The Banker” has named Rizal Commercial Banking Corporation’s (RCBC) Lito Villanueva as the…

    Various

    Philippines’ SEC Creates New Fintech Innovation Office

    Fintech News PhilippinesAugust 2, 2021

    The Securities and Exchange Commission (SEC) has launched the PhiliFintech Innovation Office (PIO) which will focus on the fintech regulations…

    Funding

    Y-Combinator Alumnus NextPay Secures US$1.6 Million in Seed Funding

    Fintech News PhilippinesJuly 28, 2021

    NextPay, a digital platform that offers entrepreneurs banking solutions, has raised US$1.6 million (over P80 million) in seed funding. Singapore-based…

    Financial InclusionSponsored

    Mambu Says 33 Million Filipinos With Digital Wallets Remain Formally Unbanked

    Fintech News PhilippinesJuly 23, 2021

    A recent study of 2,000 global consumers by Mambu, the market-leading banking and financial services platform, revealed that both banked…

    Digital Banking

    Unionbank Becomes the Fourth Bank To Receive Philippines Digital Banking License

    Monika GhoshJuly 21, 2021

    The Union Bank of the Philippines, which is part of a conglomerate led by Aboitiz Equity Ventures, is set to…

    Digital BankingLending

    Netbank Partners Three Alternative Lenders to Expand Its Lending Operations

    Fintech News PhilippinesJuly 16, 2021

    Philippines neobank Netbank has formed partnerships with 3 alternative lenders; Global Mobility Services (GMS), New Cross Credit Gate PH Inc.…

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