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    Fintech News Philippines

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    Funding

    Meet the 5 Startups Selected for ING and UNICEF’s Fintech for Impact Initiative

    Fintech News PhilippinesOctober 14, 2020

    ING Bank and UN children’s agency UNICEF have launched an initiative in the Philippines called ‘Fintech for Impact’ to support…

    Digital PaymentsFinancial Inclusion

    BSP Pushes for Financial Inclusion With Digital Payments Transformation Roadmap

    Fintech News PhilippinesOctober 13, 2020

    The Monetary Board has approved the Bangko Sentral ng Pilipinas’ (BSP) Digital Payments Transformation Roadmap 2020-2023. The roadmap charts BSP’s…

    Financial Inclusion

    Fintech Alliance Collaborates With Philippine Statistics Authority to Roll Out PhilSys ID

    Fintech News PhilippinesOctober 12, 2020

    The National ID system or the Philippine Identification System ID (PhilSys ID) has launched virtually on October 9, 2020. FintechAlliance.ph…

    Lending

    Lending App Venio Extends Its Reach Nationwide Across the Philippines

    Fintech News PhilippinesOctober 5, 2020

    Venio, “nano-credit” lending app, has expanded its services nationwide across the Philippines on the back of metro launches across Mega…

    Lending

    BPI Family Savings Bank Optimistic Lending Activities Will Pick up Pace Post-ECQ

    Fintech News PhilippinesOctober 1, 2020

    BPI Family Savings Bank is optimistic that its first variable amortisation loan programme called Step Up PayPlan will pick up…

    Digital Payments

    These are the Major Banks Waiving Fees for PESONet, InstaPay Until Year’s End

    Fintech News PhilippinesOctober 1, 2020

    A number of major banks have decided to extend the waiver for fund transfer fees for PESONet and InstaPay transactions…

    EventsSponsored

    Seamless Philippines to Discuss the Future of Payments, E-Commerce and Fintech

    Fintech News PhilippinesSeptember 29, 2020

    On 30 September & 1 October, Seamless Philippines’ 2020 edition will take place online, bringing together the region’s commerce and…

    Digital Payments

    Ayannah and Card-MRI to Launch Digital Financial Services in the Philippines

    Fintech News PhilippinesSeptember 29, 2020

    Ayannah and CARD-MRI Group announced a partnership to launch digital payments, lending, banking and insurance products to serve CARD-MRI’s membership…

    Digital PaymentsFunding

    PayMongo Secures $12M in Series A Funding Round Led by Stripe

    Fintech News PhilippinesSeptember 28, 2020

    PayMongo, a Filipino-owned online payment platform, recently secured $12 million in a Series A financing round led by Stripe. The…

    Digital Payments

    Payment Platform Bayad Center Records Huge Spike in Digital Transactions

    Fintech News PhilippinesSeptember 25, 2020

    CIS Bayad Center, a multi-channel payment platform in the Philippines, reported a significant growth in digital transactions within its biller…

    Remittance

    Fintech Startups Make Moves in the Philippines as Remittance Inflows Recover

    Fintech News PhilippinesSeptember 25, 2020

    With lockdowns easing up, Filipinos based abroad are back at sending money home. According to data from ING, overseas Filipinos…

    Financial InclusionLending

    Home Credit Ties up With RCBC’s DiskarTech App to Disburse Cash Loans

    Fintech News PhilippinesSeptember 23, 2020

    Rizal Commercial Banking Corporation’s (RCBC) DiskarTech has tied up with taps Home Credit to allow its users to have their…

    BankingCovid19

    ING Banks: COVID-19 Is Causing Fillipinos to Save More

    Fintech News PhilippinesSeptember 23, 2020

    Dutch financial giant and all-digital bank in the Philippines, ING Bank, said that the rise of the “savings mentality” during…

    Personal Finance Mgt (PFM)

    TransUnion Aims to Tackle Online Credit Application Dropouts and Rising Fraud

    Fintech News PhilippinesSeptember 23, 2020

    Global risk and information solutions provider TransUnion is extending its data and technology expertise to help financial institutions accelerate digital transformation and…

    Financial Inclusion

    DiskarTech Deepens Financial Inclusion Strategy With Agri-Fishery Credit Programme

    Fintech News PhilippinesSeptember 22, 2020

    The Department of Agriculture – Agricultural Credit Policy Council (DA-ACPC) has partnered with the Rizal Commercial Banking Corporation’s (RCBC) DiskarTech…

    Various

    Philippines Airline Cebu Pacific Opts for Cellpoint Digital’s Payment Platform

    Fintech News PhilippinesSeptember 18, 2020

    Cebu Pacific Airlines airline has selected CellPoint Digit to implement a Payment Platform across all its digital channels. The platform…

    Remittance

    Manny Pacquiao to Launch Digital Payment Platform PacPay

    Fintech News PhilippinesSeptember 11, 2020

    Pac Technologies, co-founded by boxing world champion Senator Manny Pacquiao, aims to launch PacPay, a digital payment platform this year.…

    Various

    Filipino Teachers Offered Alternative Income Source Through RCBC’s DiskarTech App

    Fintech News PhilippinesSeptember 9, 2020

    Rizal Commercial Banking Corporation (RCBC) has partnered with PLDT, a major telco player from the Philippines, to improve the welfare…

    Digital Banking

    Philippines Central Bank Inches Closer to Issuing New Digital Banking Regulation

    Fintech News PhilippinesSeptember 8, 2020

    The Bangko Sentral ng Pilipinas (BSP) is planning to issue later this month a new circular on the establishment of…

    Various

    Bangko Sentral ng Pilipinas Inks Cooperation Agreement with Indonesia’s OJK

    Fintech News PhilippinesSeptember 7, 2020

    The Bangko Sentral ng Pilipinas (BSP) and Otoritas Jasa Keuangan (OJK) has signed a Memorandum of Understanding (MOU) on 1…

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