The Bangko Sentral ng Pilipinas (BSP) has raised the maximum monthly add-on rate that banks can charge on credit card instalment loans to 1.5% from 1%, while keeping the 3% monthly cap on credit card…
Recent News
View MoreLaunching a new financial product has often meant waiting for a core vendor to fulfil change requests, building workarounds, or...
Read MoreThe Securities and Exchange Commission (SEC) has announced the appointment of its new commissioner, Rogelio Quevedo. His appointment…
Digital bank and e-wallet platform Maya is unlikely to undertake an initial public offering (IPO) in the next…
UBX has formed a strategic partnership with MediCard Philippines Inc., a prominent health maintenance organisation (HMO), to enhance…
BayaniPay, a global payments process automation company, has secured fresh capital of US$3 million to expand the scope…
Foreign Exchange (FX) is the global practice of trading one currency with another, with trillions of dollars changing…
The value of transactions in the Land Bank of the Philippines’ (Landbank) mobile app surged over 40% to…
In this era of technological innovation, companies are increasingly entrusting critical services to external partners. From handling operations…
Elevate, a fintech startup backed by Y Combinator and based in London and Dubai, has raised US$5 million…
Security Bank Corporation, a universal bank in the Philippines, has partnered with the e-commerce platform Lazada Philippines to…
Land Bank of the Philippines (LANDBANK) has introduced the GoBayani savings account, a new digital deposit account for…
GoTyme Bank, a joint venture between the Gokongwei group of companies and the multi-country digital banking group Tyme,…
Igloo, a regional insurtech company, together with the Philippines’ largest mobile network, Smart, has introduced phone protection plans…
Senangdali, a subsidiary of the Malaysian insuretech firm Senang.io, has launched a new loan protection insurance product, GoodProtect,…
GCash, the country’s leading finance app, and its partner AB Capital Securities Inc. (ABSCI) have removed the P20…
Rizal Commercial Banking Corporation (RCBC) and Southeast Asian fintech solutions provider TrueMoney have entered into a digital collaboration,…
Mastercard Philippines has teamed up with technology provider Boost Capital to enhance the growth of over 10,000 small…
Telecommunications and digital services company Globe Telecom Inc., the parent company of leading Philippines e-wallet GCash, announced on…
Rizal Commercial Banking Corporation (RCBC) has announced that one-quarter of its network of over 6,000 RCBC ATM Go…
Stock market accounts experienced significant growth in 2023, driven by the Philippine Stock Exchange’s (PSE) collaboration with mobile…
Tonik claims to have become the first digital bank in the Philippines to integrate generative AI featuring ChatGPT…
Coins.ph is set to introduce its peso-pegged stablecoin, PHPC, on international exchanges following its upcoming launch next month.…
Rizal Commercial Banking Corporation (RCBC) has reported a significant development with its digital finance platform, RCBC Pulz, which…
Globe CEO Ernest Cu has announced previously that the company might list GCash “sometime in 2025”. While Globe…
Central bank digital currencies (CBDCs) have largely existed in the virtual realm, with transactions initiated primarily through web…
Filinvest Development Corp. (FDC) has announced that its subsidiary, f(dev) Digital Innovations and Ventures Inc., in collaboration with…
Digital bank Maya Bank has announced its latest credit card collaboration with Landers, a membership-based supermarket chain in…
Despite tireless efforts from businesses and tech providers, fraudsters persist in siphoning off billions annually. According to the…
The Bangko Sentral ng Pilipinas (BSP) has mandated all participants in its peso real-time gross settlement (RTGS) payment…
Global insurtech company discovermarket has entered the Philippines market, introducing its new embedded personal cyber insurance product in…
The Philippine Senate has passed a bill mandating a 12% value-added tax (VAT) on digital services provided by…
The InsureTech Connect Asia (ITC Asia) conference is set to bring together leading figures in the insurance industry…
Wise, the global technology company specialising in international money management, has announced its entry into the Philippines market…
SeaBank Philippines Inc. (A Rural Bank), a subsidiary of Sea Ltd., reported a significant increase in its net…
RCBC has disbursed over one billion pesos in its digital salary advance facility, RCBC Payday NOW, within just…
Digital lender Maya Bank and WeFund Lending Corp., through Lightning Financing Co., have formalised a P2.75-billion (US$48 million)…
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