Encouraging more contactless payment as the COVID-19 pandemic rages on, radio-frequency identification (RFID) technology company ISBC is set to launch its first flagship Mastercard-certified contactless key fobs for payments called ISBC Pay. […]
Homegrown fintech company First Digital Finance Corp. (FDFC) which powers the leading Buy Now Pay Later (BNPL) app BillEase is partnering with Southeast Asia-based payments leader 2C2P to increase access of BNPL […]
Grab, partnered with Banco de Oro (BDO), Bank of the Philippine Islands (BPI), Unionbank, SM, and 7-Eleven to enable users to make instant cash-ins to their GrabPay Wallet. “Our partnership with three […]
In partnering with with the three top e-wallets in the Philippines — GCash, PayMaya, and GrabPay — Xendit is helping merchants expand their businesses and pursue digitization efforts. Xendit is a financial […]
Five startups in the Asia Pacific region were chosen to join Visa’s first accelerator program, which seeks to find innovations in digital payments. Brankas, Curlec, DigitSecure, ModusBox, and Open are tasked to […]
Digital banking is gaining momentum across the Asia Pacific (APAC) driven mainly by forced lockdowns, mobility restrictions, and people’s fear of COVID-19. As affirmed by Backbase’s latest study titled “Fintech and Digital […]
Indonesia-based digital payments infrastructure startup Xendit secures $64.6 million in a Series B round led by Accel, a global venture capital firm, raising its total funding to $88 million. YCombinator, a seed […]
DigiBankASIA, the visionary financial services company headquartered in Singapore, and Xebia, a company that offers next-generation digital services and consulting, announced a strategic partnership for the launch of Asia’s new digital bank […]
Xendit, the Indonesia-based financial technology company that provides payment solutions, and First Digital Finance Corp. (FDFC), the fintech company behind the Buy Now Pay Later app BillEase, will be offering the PayLater […]
Digital financial services company PayMaya enabled the Payment Links and QR Ph features where app users can use Viber, Messenger, Instagram, and other social media and chat apps to accept cashless payments. […]
Oradian, the company at the forefront of financial inclusion, successfully implemented its cloud-based core banking solution, Instafin, for RAFI Micro-finance Inc. (RAFI MFI). RAFI MFI is a program under the Micro-finance & […]
Digital payments have now overtaken cash as the preferred mode of payment of Filipinos for online shopping, digital financial services company PayMaya said recently. Speaking during the launch of the updated DTI […]
Online insurance sales platform Maria Health and fintech company FDFC (which powers the Buy Now Pay Later app BillEase), launched a payment partnership, which will allow existing and potential policyholders to pay […]
Global social enterprise Plastic Bank has tapped digital financial services provider PayMaya to build more sustainable communities in the Philippines with cashless technology. Through Plastic Bank’s recycling ecosystem program, residents of partner […]
The Philippine Statistics Authority (PSA) now accepts payments for civil registry documents through PayMaya QR. Beginning at the Civil Registration System (CRS) Central Outlet at East Avenue, Quezon City, PSA is now […]
Globe Fintech Innovations Inc. (Mynt), the fintech arm of Globe Telecom received $175 million in fresh capital from the New York-based capital management firm Bow Wave and its existing shareholders in multiple […]
The COVID-19 pandemic has accelerated the Philippine government’s digital transformation, with PayMaya being one of the financial services companies that enabled national agencies and local government units (LGUs) in accepting all types […]
Singapore’s multi-currency mobile wallet YouTrip announced a six-year partnership with digital payments firm Visa to accelerate its expansion into the rest of Southeast Asia, starting with Malaysia and the Philippines. Currently launched […]
More Filipino business owners and casual sellers have readily embraced digital payments as a key component of doing business under the new normal, propelled by ready business-in-a-box solutions from digital financial services […]
Based on its recent analysis of the Philippines’ customer experience solutions in the banking industry, Frost & Sullivan honored UnionBank of the Philippines (UnionBank) with the 2020 Philippines Excellence In Customer Experience […]
Cashless payment saw a steep rise during the pandemic when the Philippine government imposed different levels of quarantine to contain the spread of the virus. COVID-19 caused a massive digital shift not […]
FinTech Alliance.PH and FinTech Philippines Association announced plans to collaborate in introducing the Philippines’ Fintech Industry Sandbox, which is supported by the UK Prosperity Fund Asean Economic Reform Programme (Asean ERP). This […]
Just in time for the holidays, patrons of Rockwell Malls can now shop more conveniently and safely with the Rockwellist Mobile app powered by PayMaya. With the PayMaya cashless experience integrated in […]
According to global tech market advisory firm ABI Research, up to 2.5 million biometric payment cards will be issued in 2021 as the market reaps the benefits of significant ecosystem efforts, tailored […]
The replacement of in-person branch interactions with impersonal digital transactions through online and mobile channels during the COVID-19 pandemic has accelerated the ongoing erosion of consumer trust in banks, according to a […]
DigibankASIA, a Singapore-headquartered fintech, has tapped Backbase, a fintech software provider, to design and automate the customer onboarding platform for its UNO, its digital bank. Backbase’s engagement banking platform is designed to […]
Digital-only bank tonik teamed up with alternative credit scoring CredoLab to offer lending services in the Philippines. The partnership aims to future-proof its business and guarantee end-users a seamless experience in loan […]
Xendit, an Indonesian fintech (financial technology) company, will start offering its digital payment services in the Philippines. The fintech company offers what it claims as a technically advanced, yet “user-friendly,” process that […]
In its global report “One Giant Leap: The Growth of eCommerce Amidst the COVID-19 Pandemic,” Payoneer finds that e-commerce merchants saw an 80% increase in their revenues in both the second and […]
The Monetary Board approved the recognition of digital bank as a new bank category that is separate and distinct from the existing bank classifications. A digital bank is defined as a bank […]
