Open Banking
RCBC Rolls Out Open Banking Partnership With the Rural Bankers Association
The Rizal Commercial Banking Corporation (RCBC) has rolled out an enabling digitalisation initiative with a new partnership with the Rural Bankers Association of the Philippines (RBAP) for the SynerFi Open Finance Network. This move comes days after the Bangko Sentral
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Philippines Fintech Groups Pilots the Fintech Industry Sandbox
The Fintech Alliance.PH and Fintech Philippines Association (FPH) introduced the Philippines Fintech Industry Sandbox pilot which was first announced during the Singapore Fintech Festival 2020. The sandbox pilot initiative is supported by the UK’s ASEAN Economic Reform Programme (ASEAN ERP)
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EastWest’s Digital Bank Komo Taps Brankas for Instant in-App Deposits
Komo, a digital banking service created by EastWest Bank, has partnered with open banking solution provider Brankas to enable instant in-app deposits. With this partnership, Komo users can now instantly top-up their balance directly from the app. In order to
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A Glance at the Philippines’ Open Banking Strategy
Open banking is at the core of enabling innovation within the financial sector, while the private sector often rolls out its own initiatives, it is important for regulators to have a cohesive strategy for open banking to truly thrive. What
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Plans for the Launch of Philippines Fintech Sandbox Are Underway
The two Philippines fintech groups, Fintech Alliance.PH and Fintech Philippines Association, announce plans to collaborate on the launch of the Philippines Fintech Industry Sandbox which is supported by the UK Prosperity Fund ASEAN Economic Reform Programme (ASEAN ERP). The initiative
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RCBC Becomes the Latest Addition to the ASEAN Financial Innovation Network
The ASEAN Financial Innovation Network (AFIN) has announced the inclusion of Rizal Commercial Banking Corporation (RCBC) among the four new members of the API Exchange during the Singapore FinTech Festival 2020. AFIN was established as a non-profit organisation in 2018
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