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…
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View MoreLaunching a new financial product has often meant waiting for a core vendor to fulfil change requests, building workarounds, or...
Read MoreWith many regulators in the Southeast Asian region making their moves towards digital banks, it’s not hard to…
Open banking is at the core of enabling innovation within the financial sector, while the private sector often…
The Philippines’ Securities and Exchange Commission (SEC) has launched its online payment system for companies to pay their registration…
The Bangko Sentral ng Pilipinas (BSP) has established the Payments and Currency Management Sector (PCMS) which is tasked…
Indonesian payment gateway Xendit and FDFC, the fintech company behind the Buy Now, Pay Later (BNPL) app BillEase,…
ErudiFi, a tech-enabled company providing access to affordable education financing in Southeast Asia, announced the close of a…
Tyme, a multi-country digital banking group headquartered in Singapore, announced its US$110 million Series B capital raise, bringing…
Online lending platform Cashalo announced that it had discovered a potential data breach but reassured its users that…
Members of the Social Security System (SSS) nationwide can now get their SSS benefits and loans proceeds through…
BDO Unibank announced that its customers can now make cardless, QR code-based withdrawals from select ATMs. Customers will…
Philippines digital bank Tonik has selected FinScore, a local alternative credit scoring company to process loan applications for…
AirAsia is providing its customers with contactless payment options by partnering with GCash and PayMaya. The digital payment…
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has approved the guidelines on virtual asset service…
Finastra, a financial services software and cloud solutions provider, announced a partnership with HCL Technologies, an Indian multinational…
The Fintech Alliance.PH together with 43 other private business groups in the Philippines have expressed support for the…
CIMB Bank Philippines had doubled its deposit customer base to exceed 3 million total banking customers with an…
DiskarTech, Rizal Commercial Banking Corporation’s (RCBC) virtual bank, has emerged as the Philippines’ number one finance app released…
UnionBank has signed a partnership agreement with FinScore, an alternative credit scoring company that is powered by telco…
Globe Fintech Innovations, Inc. (Mynt), the fintech arm of Globe Telecom and operator of e-wallet GCash, raised over…
Philippine mobile money wallet GCash has hit PHP 1 trillion in transactions for the year 2020, recording a…
The two Philippines fintech groups, Fintech Alliance.PH and Fintech Philippines Association, announce plans to collaborate on the launch…
Fintech News Philippines would like to take this opportunity to wish all our readers a Merry Christmas and…
Provenir, risk decisioning and data analytics software provider, announced a new data integration partnership with FinScore, an alternative…
The ASEAN Financial Innovation Network (AFIN) has announced the inclusion of Rizal Commercial Banking Corporation (RCBC) among the…
Backbase, a banking software provider, has been selected by DigiBankASIA to offer its full-stack digital engagement banking platform…
Philippines startup First Digital Finance Corporation (FDFC), announced its partnership with prominent e-commerce platforms Shopify, Magento, Prestashop, and…
UnionBank has partnered Standard Chartered Bank (SCB) to successfully complete a proof of concept (POC) for the issuance…
Mastercard has announced a five-year partnership with PayMongo, a Filipino online payment platform, that allows businesses to quickly…
Rizal Commercial Banking Corporation (RCBC) and the Department of Labor and Employment (DOLE) will collaborate for an efficient…
Philippine fintech startup JazzyPay has partnered with e-wallet GCash to provide cashless payment solutions to essential businesses. The GCash…
Though in the Philippines fintech is still in the infancy stage, adoption of digital financial services is on…
The Philippines is home to a striving fintech industry comprising more than 190 ventures operating in lending, payments,…
The Monetary Board approved the recognition of digital bank as a new bank category that is separate and…
tonik, the Philippines’ digital-only neobank, announced its collaboration with solutions provider CRIF for the automation of its loan origination…
Philippine mobile money wallet GCash was among the top apps in terms of active users from January to…
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