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Philippines Pushes for Digital Wage Payments to Boost Financial Inclusion

The Bangko Sentral ng Pilipinas (BSP) and the Department of Labour and Employment (DOLE) are urging labour and employer sector leaders to transition to...

Maya and Grab to Offer Instant Credit up to PHP 30,000 for Filipinos

Philippines’ digital bank Maya and Southeast Asian superapp Grab have joined forces to offer instant credit to local users.Eligible Grab customers can now access...

RCBC DiskarTech Sees 79% Deposit Growth, Bill Payments Up 114%

Rizal Commercial Banking Corporation (RCBC) reported that its digital banking platform, RCBC DiskarTech, saw a 79% growth in customer deposits and a 114% rise...

Coins.ph Launches Peso-Pegged PHPC Stablecoin on Ronin Blockchain

Philippines cryptocurrency exchange Coins.ph has introduced its Philippine Peso (PHP) stablecoin, PHPC, on Ronin, a major gaming blockchain by daily active users.This development follows approval...

BSP Digital Currency, Project Agila, Could Be Rolled Out Sooner Than Expected

The Bangko Sentral ng Pilipinas (BSP) is progressing towards issuing its own central bank digital currency (CBDC), codenamed Project Agila, sooner than anticipated, with...

PayPal USD Stablecoin Now Available on GCash’s GCrypto for Philippine Users

GCash has announced the introduction of PayPal’s stablecoin, PayPal USD (PYUSD), to the Philippine market. This development allows users and freelancers that utilise the...

PDAX Partners with Investagrams to Democratise Crypto Access for Filipinos

Investagrams Inc. has announced a new partnership with the Philippine Digital Asset Exchange (PDAX) to enhance accessibility to cryptocurrency trading for Filipinos.PDAX, a platform...

GoTyme Bank Gets BSP Approval as Virtual Asset Service Provider

The Bangko Sentral ng Pilipinas (BSP) has granted Filipino digital bank GoTyme approval to operate as a Virtual Asset Service Provider (VASP).This license enables...

Samsung & UnionBank Launch Finance+ for Galaxy Devices

The plan offers 0% interest and no processing fees and is available at Samsung Experience Stores and over 1,000 participating retailers.Samsung has partnered with...

GoTyme’s Parent Company Valued at US$1.5B After US$250M Raise Led by Nubank

Latest investment will support Tyme’s expansion into new markets such as Vietnam and IndonesiaTyme Group, a digital banking group with operations across Africa and...

Samsung & UnionBank Launched Samsung Finance+, Offering Flexible Payment Options for Galaxy Devices

The plan offers 0% interest and no processing fees and is available at Samsung Experience Stores and over 1,000 participating retailers.Samsung has partnered with...

Cashless Philippines: Becoming a Cash-Lite Economy

The Philippines has made great progress in its efforts to become a cashless society. This progress is so rapid that according to the latest...

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