Enterprise tech news and intelligence in the Philippines
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.…
Philippine consumer finance company Home Credit is now accepting payments through its website and mobile app as a response to the growing necessity of contactless transactions. Through Home Credit’s new…
The Cooperative Union of Batangas (CUB) has tapped digital payments services firm PayMaya, in cooperation with PLDT Enterprise, to provide a safer and more seamless way to disburse salaries, loans,…
The Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) are encouraging the public transport sector to accept cashless payments, through PayMaya, as a way of…
Parañaque City (in the Philippines) has tapped PayMaya Philippines, Inc. to provide digital payment solutions to clients transacting with the City as part of its e-governance initiatives under the new…
The Philippine government is urging local governments to jumpstart — or accelerate — digital adoption in order to aid local government units to revive local economies, as well as promote…
Technology company Huawei’s Digital Payment Cloud Solution aims to help merchants jumpstart their mobile payment apps. Unveiled during the corporation’s “Better World Summit 2020” held recently, the latest addition to…
With stricter quarantine measures set to be imposed in parts of the country once again, many will be relying on delivery services for their everyday essential needs. To help ensure…
Pivot to digital platforms is one of the lessons imparted during Manulife Philippines’ (Manulife) webinar titled “Getting Back to Business: Starting or restarting a business in the new normal” aimed…