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 MoreBangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno will lead the virtual launch of the Digital Personal…
Changing customer expectations, the rise of big techs, and COVID-19 are accelerating banks’ digital transformation, forcing them to…
With over 2 million mobile app downloads in two months, Rizal Commercial Banking Corporation (RCBC) has pushed for…
Igloo, Singapore-headquartered insurtech firm, announced partnerships with Union Bank of the Philippines and Indonesia’s Akulaku to offer micro-insurance…
Rizal Commercial Banking Corporation (RCBC) and the Department of Trade and Industry (DTI) has partnered to create DiskarTech’s…
DiskarTech, powered by Rizal Commercial Banking Corporation (RCBC), has reached one million downloads just 38 days from its…
Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank, has created a committee to look at the feasibility…
Huawei announced that it will be hosting its APAC Financial Industry Storage Summit 2020 on the 13th August…
DiskarTech, Rizal Commercial Banking Corporation’s (RCBC) virtual bank has claimed the top spot among free finance apps in…
The Philippine Bureau of the Treasury (BTr), together with Union Bank of the Philippines (UnionBank) and Philippine Digital…
Barely three weeks after its launch, more unbanked and underserved Filipinos are now downloading the country’s first and…
CIMB Bank Philippines is foreseeing a 500% increase in their deposit balances by end-year, following a reported 160%…
GrabPay announced today the introduction of instant fund transfers in the Philippines within its e-wallet. This new feature…
The Philippines Social Security System (SSS) has started paying funeral benefit claims through the banks and other alternative…
The Department of Agriculture’s has announced the use of PayMaya, a mobile wallet under the purview of PLDT,…
Fresh off raising their US$ 21 Million Series A round, tonik announced today a partnership with Mastercard, which…
Filipino fintech players can expect a boost from their regional counterparts as local trade association Fintech Alliance.ph inks…
FICO, a global analytics software firm, has released its Consumer Digital Banking Survey, which found a notable percentage of Filipinos are…
Robocash Group opened a US$5 million pre-IPO funding round to finance the launch of its digital bank in…
Rizal Commercial Banking Corporation (RCBC) has launched what they described as the country’s first all-in-one “Taglish” inclusion super…
The national government, spearheaded by the Department of Finance (DOF) and the Land Bank of the Philippines (LANDBANK),…
Union Bank of the Philippines (UnionBank) announced that it has extended its free Instapay transfers or instant transfers…
UnionBank recently rolled out more cash-out options for customers via 11,000 remittance counters across the Philippines, including in…
The Rizal Commercial Banking Corporation (RCBC) was recognized yesterday as the “Best Digital Bank in the Philippines” by…
Tonik Financial Pte Ltd (“tonik”) announced today that it closed a $21M round of Series A equity funding.…
Fintech Alliance.ph, a coalition of fintech and digital companies, has tagged a proposed bill in the House of…
More than 1,000-percent increase in the growth was recorded in May in transaction value coursed through Rizal Commercial…
Grab announced today the launch of the GrabPay Card in the Philippines, a fully digital prepaid card powered…
Rizal Commercial Banking Corporation (RCBC) said that it is closer to its target of covering all provinces of…
At least half of retail payment transactions will be shifted to digital in three years. This according to…
Last year, Manila was named one of the world’s friendliest cities in the world for fintech startups, and…
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) is reporting record-highs in digital growth amid the pandemic and Philippines’ enhanced…
The Bangko Sentral ng Pilipinas (BSP) granted authority to Rizal Commercial Banking Corp. (RCBC) to accept government funds…
Union Bank of the Philippines through its UShare platform, is enabling non-government organizations (NGOs) in the country digitize…
IDC Financial Insights today released the 2020 update of its FinTech Fast 101 research which details a list…
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