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 […]
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 […]
ING Philippines unveiled its latest e-payment system ING Pay in anticipation of large-scale digital transactions in the coming months as the Bangko Sentral ng Pilipinas explores more use cases of cashless payments […]
