Enterprise tech news and intelligence in the Philippines
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…
Philippine digital payment services PayMaya launched its own e-commerce platform, PayMaya Mall, which aims to capture the growing number of its users. Like the physical malls, PayMaya Mall features different…
By Peter Barcak, CEO and Founder of CredoLab Lending has long been a universal struggle in the Philippines, especially for the estimated 70% of the adult population currently with limited…
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…
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…
Digital payment services PayMaya lets you check your 2020 cashback through its app feature “2020 Cashless Lifestyle Report.” Get an overview of your favorite cashless transactions, your total Balik Bayad…
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…
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…
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…
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…
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…
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.…
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…
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…
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…
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…
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…
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…
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,”…
Digital financial services firm PayMaya is making it convenient and rewarding for Filipinos to claim their Western Union remittances via the PayMaya app as it offers recipients a cashback of…
China may be on its way to becoming the first cashless society, according to the inaugural report of South China Morning Post, which explored the financial technology (fintech) ecosystem of…
After the launch in 2016 in the Philippine capital Manila, Right Choice Finance Corp. (RCF) is finally going south with the opening of its offices in Cebu. The finance company…
ING Bank and UN children’s agency Unicef have launched an initiative in the Philippines called “Fintech for Impact” to support startups developing digital solutions that aim to empower young people,…
Recognizing that micro, small, and medium enterprises (MSMEs) are the backbone of the national economy, financial technology firm PayMaya Philippines launch the “Sulong Negosyo” program worth up to P60 million.…
To enable all Filipinos to continue availing of safe and convenient financial transactions, sending money from PayMaya to other banks and e-wallets via InstaPay will continue to remain free until…
CIS Bayad Center Inc., a multi-channel payment platform in the Philippines, reports growth in digital transactions within its biller and partner network since May 2020. Citing a study, Bayad Center…
To encourage more people to go cashless especially during these times when people are extra cautious in catching a highly contagious virus, financial services firm PayMaya Philippines is offering double…
Vietnam’s Tien Phong Commercial Joint Stock Bank (TPBank) accelerated their digital transformation with Backbase, a digital-first banking platform, to transform the bank’s traditional products, services, and core banking system. Backbase…
GoodWork PH announces its partnership with PayMaya in offering its customers another payment option through PayMaya. Using the PayMaya Checkout payment gateway, GoodWork can now accept credit cards, debit cards,…
The COVID-19 pandemic hastened digital transformation across all industries. A recent study by financial services firm Visa saw the willingness of consumers to use their mobile phones for digital payments.…