Maya calls for stronger financial resilience in PH
Maya is calling for the Philippines to move beyond simply getting more people into the formal financial system and focus on whether financial services help Filipinos save, borrow responsibly, grow…
How GCash uses Red Hat to scale operations
GCash, a fintech platform, has transformed its digital infrastructure into an AI-native, hybrid multi-cloud ecosystem to drive financial inclusion for millions of Filipinos. By partnering with Red Hat, the company…
Fintech firms expand offline access to boost PH inclusion
Financial technology (fintech) firms are stepping up efforts to reach Filipinos with limited or no internet access, as industry leaders warn that connectivity gaps continue to block wider financial inclusion…
Maya ties up with SPARK! Philippines to support women MSMEs
Fintech Maya has partnered with SPARK! Philippines to expand support for women micro-entrepreneurs in the Philippines, combining digital financial services with training, mentorship, and community-based programs to strengthen women-led micro…
Tala urges shift from access to real use in financial inclusion
Digital financial access has expanded worldwide, but billions of people still cannot fully use financial services such as savings and credit, according to a new global report cited by fintech…
RCBC expands ATM Go in remote areas via Starlink
Rizal Commercial Banking Corp. (RCBC) is expanding its RCBC ATM Go network in geographically isolated and disadvantaged areas (GIDAs) using Starlink satellite internet to support digital banking access. RCBC said…
Grab Finance expands credit access in Southeast Asia with FICO platform
Grab Finance, the financial services arm of Southeast Asia’s superapp Grab, has expanded access to credit across the region after deploying the FICO Platform, helping increase credit offer eligibility rates…
UnionBank, AWS partnership reshape banking and drive financial inclusion
UnionBank of the Philippines (UnionBank) is widely known as one of the country’s earliest adopters of digital banking. Its long-running partnership with Amazon Web Services (AWS) has helped the bank…
Pay&Go cash-out service targets to boost financial inclusion
At the Manila Tech Summit 2025, fintech firm Pay&Go pushed forward the conversation on financial inclusion, unveiling a cash-out service integrated into its network of self-service kiosks. The feature, showcased…
CIBI cites stronger data compliance in push for financial inclusion
Inadequate data remains a barrier for businesses, especially small enterprises, to secure loans needed to start or expand their operations. CIBI, a private credit bureau, highlighted recent improvements in data…
CIBI signs data-sharing deal with SEC to strengthen financial access
CIBI Information Inc. has entered into a data-sharing agreement with the Securities and Exchange Commission (SEC) to improve access to verified financial information and support transparency in the business sector.…
Visa, BSP discuss financial inclusion, fraud prevention
On Feb. 5, 2025, leaders of digital payments processor Visa met with officials from the Bangko Sentral ng Pilipinas (BSP) to discuss ways to increase access to financial services and…
BSP launches new website to support financial inclusion
The Financial Inclusion Steering Committee (FISC), led by the Bangko Sentral ng Pilipinas (BSP), has launched a website to make financial services more accessible to all Filipinos. The website was…
Ensuring Philippine MSMEs ride the fintech adoption wave
By Rose Arreco, Business Development Manager of Digido The Philippines’ “fintech-ization” is going from strength to strength. As covered by Back End News, our latest projections reveal that the adoption…
CIC, Advance.AI sign deal to launch PH credit bureau
Advance.AI, a provider of digital identity verification and risk management solutions, has partnered with the Credit Information Corp. (CIC) to establish a new credit bureau in the Philippines. Set to…
BSP extends ban on e-money licenses for another year
The Bangko Sentral ng Pilipinas (BSP) has extended the ban on e-money licenses until Dec. 15, 2024, as announced toward the end of last year. However, the BSP also stated…
Visa strengthens initiatives to boost support for small businesses
Visa and its Visa Foundation unveiled key initiatives supporting small and micro businesses (SMBs) worldwide, particularly across APEC economies. The Visa Foundation committed $100 million over five years to boost…
CIMB Bank PH underscores benefits of embedded banking
When CIMB Bank launched in 2018, it introduced digital and embedded banking in the Philippines. One of the first digital banks in the country, CIMB Bank PH enabled a fully…
Paymongo stresses need to simplify services to achieve financial inclusion
Paymongo, a Filipino-led payment gateway startup, emphasized the need for companies to create simple and convenient digital financial services to achieve the goal of financial inclusion in the country. At…
DigiCOOP taps ADVANCE.AI to power digital platform for members
DigiCOOP, an online platform for cooperatives and labor unions in the Philippines, has tapped Singapore-based tech startup ADVANCE.AI to power the provision of digital and financial services for its 1.3…
digiCOOP promotes financial inclusion with digital platform for cooperatives
The rising technological challenges facing Philippine cooperatives like mobile wallets and the digital banking system have driven the need to “futureproof” this grassroots sector. A leading online service provider for…
Data analysis is key to financial inclusion — TransUnion
“Broadening the scope of digital financial inclusion in the country can be transformational for Filipinos who lack effective access to formal financial services,” said Pia Arellano, president and CEO of…
Home Credit develops programs that promote financial inclusion
Consumer finance company Home Credit strengthens its programs to promote financial inclusion and serve the unbanked and underserved Filipinos in line with the government’s strategy to widen financial inclusion to…
Home Credit to promote financial literacy program on radio
To further help promote sustainable financial behavior and financial literacy among Filipinos, consumer finance company Home Credit Philippines (HCPH), Manila Broadcasting Company (MBC), and local independent media agency PraXis, signed…
UBX partners with Bayad to beef up bills payment offers
UBX, the open financing platform in the Philippines, has signed a strategic partnership agreement with Bayad, the country’s authority in bill payments and Meralco’s full-service fintech subsidiary. Under the agreement,…
BSP unveils open finance roadmap to boost financial inclusion
The Bangko Sentral ng Pilipinas (BSP) has launched “Open Finance Roadmap 2021-2024” which is aimed to expand financial inclusion in the Philippines. Pre-pandemic, Filipinos with bank accounts stood at 29%.…
Fintech startup Investa’s investment platform runs on Microsoft Azure
Investa, a finalist in Microsoft’s 2020 Emerge X Startup Competition, developed a platform that will provide Filipinos access to low-cost investment opportunities and financial benefits. In its initial deployment, Investa…
Pru Life UK launches financial literacy program for teachers
Life insurer Pru Life UK introduced the Pru e-FinLit, which aims to educate teachers on financial literacy. More than 1,000 from the Department of Education (DepEd) – Division of Negros…
UBX’s open finance platform i2i drives financial inclusion in PH
Just two years after it was launched, UBX Philippines (UBX) open finance platform i2i (island-to-island, institution-to-institution, individual-to-individual) has served the unbanked and underbanked individuals in financially underserved communities across the…
RCBC unveils ‘super app’ that offers multiple banking features
With financial inclusion at the core of its development, Rizal Commercial Banking Corp. (RCBC) officially launches DiskarTech, an app that is intended not only as a payment method but offers…
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