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    Fintech News Philippines

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    Digital Banking

    RCBC’s DiskarTech App Disburses Social Security Loan Proceeds and Benefits

    Fintech News PhilippinesFebruary 17, 2021

    Members of the Social Security System (SSS) nationwide can now get their SSS benefits and loans proceeds through Rizal Commercial…

    Payments

    BDO Unibank Enables QR Code Withdrawals From Select ATMs

    Fintech News PhilippinesFebruary 16, 2021

    BDO Unibank announced that its customers can now make cardless, QR code-based withdrawals from select ATMs. Customers will have to…

    Digital BankingLending

    Philippines Digibank Tonik Taps FinScore’s Alternative Credit Scoring Solution

    Fintech News PhilippinesFebruary 5, 2021

    Philippines digital bank Tonik has selected FinScore, a local alternative credit scoring company to process loan applications for its Filipino…

    Covid19Digital PaymentsWallets

    AirAsia Philippines Offers Digital Payment Options by GCash and PayMaya

    Fintech News PhilippinesFebruary 5, 2021

    AirAsia is providing its customers with contactless payment options by partnering with GCash and PayMaya. The digital payment option has…

    Blockchain

    Philippines Central Bank Updates Guidelines Crypto Exchanges

    Fintech News PhilippinesJanuary 29, 2021

    The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has approved the guidelines on virtual asset service providers (VASP)…

    Cloud

    Finastra, HCL to Provide Cloud-Based Digital Treasury Management for Filipino Banks

    Fintech News PhilippinesJanuary 27, 2021

    Finastra, a financial services software and cloud solutions provider, announced a partnership with HCL Technologies, an Indian multinational technology company,…

    Covid19

    Fintech Alliance.PH Urges Enactment of Corporate Tax Incentives Bill

    Fintech News PhilippinesJanuary 15, 2021

    The Fintech Alliance.PH together with 43 other private business groups in the Philippines have expressed support for the Corporate Recovery…

    Digital Banking

    CIMB Philippines Doubles Customer Base to Over 3 Million

    Fintech News PhilippinesJanuary 15, 2021

    CIMB Bank Philippines had doubled its deposit customer base to exceed 3 million total banking customers with an 800% increase…

    Digital Banking

    DiskarTech Ranked as the Most Downloaded Finance App in 2020

    Fintech News PhilippinesJanuary 12, 2021

    DiskarTech, Rizal Commercial Banking Corporation’s (RCBC) virtual bank, has emerged as the Philippines’ number one finance app released in 2020…

    Financial InclusionLending

    FinScore Inks Partnership With UnionBank for Data-Driven Credit Scoring

    Fintech News PhilippinesJanuary 12, 2021

    UnionBank has signed a partnership agreement with FinScore, an alternative credit scoring company that is powered by telco data and…

    FundingWallets

    GCash Inches Closer to Unicorn Status With $175 Million Capital Raise

    Fintech News PhilippinesJanuary 8, 2021

    Globe Fintech Innovations, Inc. (Mynt), the fintech arm of Globe Telecom and operator of e-wallet GCash, raised over $175 million…

    Wallets

    GCash E-Wallet Hits PHP 1 Trillion in Transactions in 2020

    Fintech News PhilippinesJanuary 5, 2021

    Philippine mobile money wallet GCash has hit PHP 1 trillion in transactions for the year 2020, recording a 254% year-over-year…

    Open Banking

    Plans for the Launch of Philippines Fintech Sandbox Are Underway

    Fintech News PhilippinesDecember 24, 2020

    The two Philippines fintech groups, Fintech Alliance.PH and Fintech Philippines Association, announce plans to collaborate on the launch of the…

    Various

    Year End Message to Our Readers – Offline from 24th December to the 3rd January

    Fintech News PhilippinesDecember 24, 2020

    Fintech News Philippines would like to take this opportunity to wish all our readers a Merry Christmas and a very…

    Financial InclusionLending

    Provenir Links up With FinScore for AI-Powered Credit Decisioning

    Fintech News PhilippinesDecember 14, 2020

    Provenir, risk decisioning and data analytics software provider, announced a new data integration partnership with FinScore, an alternative credit scoring…

    Open Banking

    RCBC Becomes the Latest Addition to the ASEAN Financial Innovation Network

    Fintech News PhilippinesDecember 14, 2020

    The ASEAN Financial Innovation Network (AFIN) has announced the inclusion of Rizal Commercial Banking Corporation (RCBC) among the four new…

    Digital Banking

    DigiBankASIA Taps Backbase for Its Prospective Digital Bank UNO

    Fintech News PhilippinesDecember 11, 2020

    Backbase, a banking software provider, has been selected by DigiBankASIA to offer its full-stack digital engagement banking platform solution for…

    LendingPayments

    BillEase Integrates Buy Now, Pay Later Solution With Leading E-Commerce Platforms

    Fintech News PhilippinesDecember 10, 2020

    Philippines startup First Digital Finance Corporation (FDFC), announced its partnership with prominent e-commerce platforms Shopify, Magento, Prestashop, and WooCommerce to…

    Blockchain

    UnionBank and StanChart Pilots Blockchain Bond Issuance of PHP 9 Billion

    Fintech News PhilippinesDecember 8, 2020

    UnionBank has partnered Standard Chartered Bank (SCB) to successfully complete a proof of concept (POC) for the issuance of a…

    Digital Payments

    Mastercard Partners PayMongo to Enable SMEs to Set up Digital Payment Systems

    Fintech News PhilippinesDecember 7, 2020

    Mastercard has announced a five-year partnership with PayMongo, a Filipino online payment platform, that allows businesses to quickly set up…

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