Digital bank Maya rolled out a new feature that lets app users send and receive money with their username. This gives users options for more personalized money transfer transactions. Much like how […]
Digital bank Tonik started offering two new lending products, Flex Loan and Big Loan, in a bid to accelerate financial and credit inclusion in the country. Tonik’s best priced unsecured loan yet, […]
UnionDigital Bank, the digital banking subsidiary of Union Bank of the Philippines, has, so far, onboarded 1.73 million customers. The Aboitiz-led digital bank also reached $ 70 million in loan book size […]
Philippines’ Gokongwei Group and Singapore-based Tyme Group officially launched the digital bank GoTyme Bank. The new venture combines high-tech with high-touch approach to make financial solutions accessible to more Filipinos. “The mission […]
Maya Bank registered one million customers and reached P10 billion deposit balance in just five months after its public launch. Publicly launched in April this year, Maya Bank powers the digital banking […]
Digital banking services provider CIMB Bank Philippines now offers InstaPay on the CIMB Bank PH app. Users can now easily transfer as much as P50,000 to and from their CIMB savings accounts […]
GoTyme Bank, Philippine interbank ATM and online banking network BancNet, and Visa, one of the world’s leaders in digital payments, formed a strategic partnership to address the need for convenient and accessible […]
Neobank Tonik introduced the BillsPay feature to provide consumers with easy and accessible banking. Available through the Tonik app, BillsPay enables users to seamlessly pay their bills on time, without the hassle […]
Maya Business, the country’s largest processor of business payments, continues to propel the rapid growth of enterprises through leading-edge digital payment technologies and integrated financial services. One of the partners utilizing Maya’s […]
Digital banking services provider CIMB Bank PH has recently launched CIMB Virtual Card, a unique virtual card powered by its revolving credit product REVI Credit. Through the virtual card, REVI Credit users […]
GoTyme Bank was awarded its Certificate of Authority to operate as a digital bank by the Bangko Sentral ng Pilipinas (BSP). This signifies that the BSP has already reviewed GoTyme Bank’s processes […]
Neobank Tonik has integrated the electronic fund transfer (EFT) service Instapay into its mobile app services. Customers can now send and receive real-time transactions for up to P50,000 to and from participating […]
Tonik has hired Tomasz Borowski to join the leadership team as group chief Operations Officer (COO). With 20 years of experience in consumer finance, primarily focused on building efficient operations, Borowski will […]
Union Bank of the Philippines’ all-digital bank UnionDigital Bank (UnionDigital) has completed the final stage of securing the license to operate from the Bangko Sentral ng Pilipinas (BSP). In a media release […]
By leveraging Amazon Web Services (AWS), UNO Digital Bank in the Philippines said it was able to build the platform in just one year. UNO Digital Bank adopted the AWS Migration Acceleration […]
Digital bank ING Philippines recently launched its security education campaign called #SimplySecuredWithING to encourage online banking adoption in the country. The campaign aims to ease any apprehensions the public still has about […]
Finance app PayMaya has evolved from an e-wallet to an all-in-one money app called Maya and it’s now available for early access to users. Maya combines the PayMaya e-wallet with new features […]
Following the announcement a few months ago, mobile wallet PayMaya has evolved into Maya and will start offering digital banking services. PayMaya (or Maya) is operated by Voyager Innovations, the fintech arm […]
Ahead of its intended launch in Q2, 2022, UNObank Inc., a digital bank licensed under the Bangko Sentral ng Pilipinas’ (BSP) Digital Banking License framework, has rebranded UNObank to UNO Digital Bank. […]
Neobank Tonik, which is one of the first six digital banks granted a license by the Bangko Sentral ng Pilipinas, is now looking at offering cryptocurrency to expand its digital portfolio along […]
Neobank Tonik has surpassed the P5 billion ($100 million) in consumer deposits after only eight months since its launch. Tonik’s deposit achievement was supported by unique, accessible, flexible, and inclusive products, including […]
The Bangko Sentral ng Pilipinas (BSP) has granted digital payment PayMaya Philippines (PayMaya) license to operate as a digital bank. Operated by Voyager Innovations, the fintech arm of PLDT Inc., the digital […]
Private neobank Tonik, which is operating under its own digital bank license by the Bangko Sentral ng Pilipinas (BSP), has launched physical debit cards for clients of its mobile app. Tonik customers can […]
The Rizal Commercial Banking Corporation (RCBC) recognized its partner banks and institutions at the Araw ng Pasasalamat sa mga Madiskarteng Kabalikat program. The event, in time for the Philippine Independence Day celebration, […]
Neobank or digital bank Tonik said it was able to secure a digital bank license from the Bangko Sentral ng Pilipinas (BSP). In December 2020, BSP released the guidelines for digital banks […]
EastWest will launch what is considered to be the first-ever customizable app-based, on-demand life insurance in the Philippines. Troo Flex will be exclusively available through Komo, the group’s fully digital banking service, […]
The COVID-19 pandemic not only accelerated companies’ digital transformation but may have also increased consumer awareness in terms of digital services available today. The Visa Consumer Payment Attitudes study shows “over 8 […]
Tonik, a neo or all-digital bank that recently launched in the Philippines, has now enabled interbank fund transfers through PESONet, an electronic fund transfer service. This service is initially available through RCBC, […]
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 […]
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 […]
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