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    Covid19

    Labor Department and RCBC to Disburse Funds for Displaced Filipino Workers

    Fintech News PhilippinesDecember 4, 2020

    Rizal Commercial Banking Corporation (RCBC) and the Department of Labor and Employment (DOLE) will collaborate for an efficient and quick…

    PaymentsWallets

    JazzyPay and GCash to Provide Cashless Payment Option for Essential Businesses

    Fintech News PhilippinesDecember 4, 2020

    Philippine fintech startup JazzyPay has partnered with e-wallet GCash to provide cashless payment solutions to essential businesses. The GCash payment facility…

    Report

    20 Top Emerging Digital Finance Players to Watch in the Philippines

    Fintech News PhilippinesDecember 2, 2020

    Though in the Philippines fintech is still in the infancy stage, adoption of digital financial services is on the rise.…

    FundingReport

    8 Top Funded Fintech Startups in the Philippines 2020

    Fintech News PhilippinesNovember 27, 2020

    The Philippines is home to a striving fintech industry comprising more than 190 ventures operating in lending, payments, credit scoring,…

    Digital Banking

    Philippines Is The Latest to Approve a Digital Banking Framework

    Fintech News PhilippinesNovember 27, 2020

    ​The Monetary Board approved the recognition of digital bank as a new bank category that is separate and distinct from…

    Digital Banking

    Digibank Tonik Selects CRIF for Automation of Its Loan Origination Processes

    Fintech News PhilippinesNovember 25, 2020

    tonik, the Philippines’ digital-only neobank, announced its collaboration with solutions provider CRIF for the automation of its loan origination and collection…

    Wallets

    GCash Pushes Its Way to the Top of Local App Rankings

    Fintech News PhilippinesNovember 24, 2020

    Philippine mobile money wallet GCash was among the top apps in terms of active users from January to September 2020…

    Payments

    Phoenix Petroleum Expands Contactless Payment Offering to Over 200 Stations

    Fintech News PhilippinesNovember 20, 2020

    Home-grown oil company Phoenix Petroleum Philippines has expanded its contactless payment service to more than 200 of its gas stations…

    Lending

    SEC Urges the Central Bank to Consider Capping Consumer and Payday Loans Next

    Fintech News PhilippinesNovember 12, 2020

    The Securities and Exchange Commission (SEC) has hailed the central bank’s move to cap charges on credit card transactions, raising…

    Various

    BSP to Impose Annual Cap of 24% on Credit Card Interest Rates

    Fintech News PhilippinesNovember 6, 2020

    The Bangko Sentral ng Pilipinas (BSP) has imposed an interest rate cap of 2% a month or 24% annually starting…

    Digital Payments

    JazzyPay Partners With BPI for Secure Online Payments to Merchants

    Fintech News PhilippinesNovember 6, 2020

    JazzyPay, a local fintech company, announced its partnership with the Bank of the Philippine Islands (BPI) enabling Filipinos to make…

    Various

    Fintech Alliance.ph Supports the Philippines Government’s Shared Prosperity Initiative

    Fintech News PhilippinesNovember 4, 2020

    Fintech Alliance.ph joins 25 members from the Philippine Business Groups (PBS) to organise a convocation in support of the government’s…

    Payments

    PayMongo and Vesta Join Forces to Secure Digital Payments

    Fintech News PhilippinesNovember 3, 2020

    PayMongo, a Manila-based online payment processing platform, announced its partnership with Vesta, a fintech focused on fraud detection for e-commerce…

    Financial InclusionRedefining Finance For Good

    Redefining Finance for Good: COVID-19, a Catalyst for Inclusive Digital Finance

    Fintech News PhilippinesOctober 26, 2020

    The current COVID-19 health crisis is unprecedented in its scope, impacting all countries and the world’s economy at large. In…

    Financial Inclusion

    Improved Financial Inclusion Key to Philippines’ Economic Recovery

    Fintech News PhilippinesOctober 26, 2020

    Bangko Sentral ng Pilipinas’ (BSP) Governor Benjamin Diokno indicated that improving the financial inclusion landscape can aid in the recovery…

    Digital Payments

    Quezon City’s Public Market Embraces Digital Payments With DiskarTech App

    Fintech News PhilippinesOctober 21, 2020

    Most of the Litex Market’s vendors at Commonwealth Avenue, Quezon City seem to have embraced digital payments with the aid…

    Digital BankingFinancial Inclusion

    Phillippines’ Digital Banking Framework to Trigger Wave of Innovation for the Unbanked

    Fintech News PhilippinesOctober 21, 2020

    In the Philippines, the upcoming digital banking framework will trigger a wave of innovation and help address financial exclusion, experts…

    Security

    FICO Survey Reveals Banks in Philippines Struggling With Digital Identity Authentication

    Fintech News PhilippinesOctober 20, 2020

    FICO, a global analytics software firm, has released its Identity in Digital Banking Survey, which found that the complexity and…

    RemittanceWallets

    MoneyGram and PayMaya Ties Up for Real-Time Payments Using Visa Direct

    Fintech News PhilippinesOctober 16, 2020

    MoneyGram, a provider of cross-border P2P payments and money transfers, announced a partnership with PayMaya Philippines to enable real-time payments…

    Various

    Grab Philippines Appoints Grace Vera Cruz as Its Country Head

    Fintech News PhilippinesOctober 15, 2020

    Grab, South East Asian ride-hailing app, announced the appointment of Grace Vera Cruz as Country Head for Grab Philippines. Grace…

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