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How 6 Licensed Digital Banks in the Philippines Have Progressed

In the dynamic landscape of the Philippine fintech sector, 2023 has emerged as a pivotal year, signifying the nation’s determined stride toward enhanced financial...

IMF Cautions Against CBDC Risk Posed to Banks in the Philippines

Felipe M Medalla, former Governor of Bangko Sentral ng Pilipinas (BSP), earlier this year stated that the central bank of the Philippines had started...

INDX3.0 Puts Spotlight on Financial Inclusion for Equitable Growth in the Philippines

Financial inclusion has increasingly gained recognition as a pivotal driver of economic development, fostering empowerment and equitable national growth.It goes beyond the mere accessibility...

RCBC ATM Go Records PHP 7.5 Billion in Transactions

Rizal Commercial Banking Corporation’s (RCBC) community-based financial service ATM Go recorded PHP 7.5 billion (US$ 132.1 million) in transactions.The service has been growing rapidly,...

GCash Rolls Out New Visa Card for Millions of Unbanked Filipinos

Philippines’ e-wallet GCash has partnered with Visa to launch the new GCash card that will give millions of unbanked Filipinos access to the benefits...

BSP’s Push to Standardise QR Codes Helps Salmon Expand Financial Inclusion

Bangko Sentral ng Pilipinas’ (BSP) recent moves to standardise QR payment codes across the Philippines are helping democratise consumer credit in the Philippines in...

Netbank Offers Tailored Savings Accounts for Filipino Facebook Groups’ Members

Netbank, a Filipino bank specialising in partnership-based banking, has launched new savings accounts in collaboration with several Filipino Facebook Groups. This offering is designed...

GoTyme Bank and PayMongo Enable Easier Loan Access for Thousands of SMEs

Filipino digital bank GoTyme and payment gateway PayMongo have recently announced a partnership aimed at enhancing financial access for small and medium-sized enterprises (SMEs).This...

Oradian Champions Financial Inclusion at Scale in the Philippines

Oradian, a fintech company headquartered in Croatia, has made significant strides in enhancing accessibility in the financial sector, particularly in the Philippines. Recently, they...

Netbank, Sprout Solutions Forge Partnership to Introduce Salary Advance Services

Rural bank Netbank has recently established a partnership with Sprout Solutions, a HR and payroll software provider in the Philippines. This joint venture introduces...

Insights Into Wealth Distribution and Financial Literacy in the Philippines

Understand how the socio-demographics, growth resilience, and evolving financial literacy in the Philippines are shaping its diverse and resilient economic landscape.A research article titled...

Vietnam’s MFast Ventures Into the Philippines Market, Starting With Manila

MFast, a Vietnamese fintech company, has announced its expansion into the Philippines, signalling a strategic move into the rapidly growing Southeast Asian fintech sector.Founded...

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