Tag "payments"

5 Ways Digital Finance in the Philippines is Flourishing Despite Hurdles

The digital finance landscape in the Philippines is undergoing a significant transformation, offering a plethora of opportunities for growth and innovation. The Bangko Sentral ng Pilipinas (BSP) is at the forefront of this change, embracing global central banking standards and

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OmniPay is the First Non-Bank on BSP’s Real-Time Payment System

The Bangko Sentral ng Pilipinas (BSP) recently integrated OmniPay, Inc. into its PhilPaSSplus system, marking it as the first non-bank electronic money issuer (EMI) to participate in the BSP’s Real Time Gross Settlement (RTGS) payment system. This inclusion underlines OmniPay’s

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Top 5 Fintech Trends in the Philippines That Will Shape the Space in 2024

The financial technology landscape in the Philippines has undergone transformative changes in 2024, driven by dynamic innovations and an increasingly digital-savvy population. Today we delve into five of the top fintech trends in the Philippines shaping the nation’s financial sector,

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Here’s How Fintech Is Modernising Digital Payments in the Philippines

The digital payments landscape in the Philippines has undergone significant growth and evolution in recent years. In 2015, the Bangko Sentral ng Pilipinas (BSP), the country’s central bank, introduced the National Retail Payment System (NRPS) to promote the development and

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11 Fintech and Blockchain Events in the Philippines to Attend in 2019

Philippines is described by some as a hidden gem in the South East Asian fintech scene, our previous Fintech Philippines 2018 report demonstrates that this archipelagic nation has all the recipes in place for a booming fintech sector. A similar

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