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 […]
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 […]
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