Technology News
Tagbilaran City has rolled out its “Cityzen’s Card,” a multipurpose ID and prepaid card powered by GCash and Visa. The new card aims to help residents access government services and…
Plastic Bank, a social fintech company, has disbursed about P2 million in cash to plastic collectors in the Philippines since it began operations a decade ago. The group works closely…
The Department of Transportation (DOTr) and fintech app GCash have introduced QRPH cashless payments at all 13 stations of MRT-3, giving commuters an easier way to buy single-journey tickets. Passengers…
The Securities and Exchange Commission (SEC) has cancelled the corporate registration and financing license of Digido Finance Corp. for opening and running four branches without the necessary approval. Digido Finance…
Payoneer Global Inc., a financial technology company that helps businesses operate across borders, reported a 16% year-over-year increase in revenue (excluding interest income) for the first quarter of 2025. The…
Tendo by Tonik has partnered with Concentrix Philippines to offer financial wellness tools to more than 100,000 employees of the country’s largest private employer. Under this partnership, Concentrix team members…
GCash and Mastercard have rolled out Tap n’ Pay, a new contactless payment feature that allows users to make purchases by tapping their Android phones on Mastercard-enabled point-of-sale (POS) terminals.…
Fintech company Skyro has recorded more than one million loans since entering the Philippine market in 2022. The loans, totaling around ₱11 billion in value, were made possible by partnerships…
Maya, a digital bank and fintech company, has introduced the Maya Black Credit Card, a new offering designed for people who prefer mobile-first services and may not have a traditional…
The Philippine sports and entertainment industry is seeing a shift in how events are managed, with insurance now being woven directly into ticketing platforms. This approach, known as embedded insurance,…
Maya, a financial technology company, reported a profitable first quarter in 2025, continuing its growth momentum after turning profitable in December 2024. The company’s performance was driven by growth in…
Digital bank Maya Bank has been recognized by two global financial publications for its performance in digital banking and customer satisfaction. Forbes named Maya Bank the top bank in the…
Life is unpredictable. It’s the middle of the month, payday is still far away, and suddenly your car breaks down, you run out of baby formula, and an overdue payment…
The Buy Now, Pay Later (BNPL) market in the Philippines continues to grow, with 28.4 million Filipinos using the service as of the end of 2024, according to data from…
Maya, a digital bank and payments provider, has partnered with Pepsi-Cola Products Philippines Inc. (PCPPI) to bring digital solutions to over 200,000 distributors and retailers across the country, including sari-sari…
Singapore-based insurtech firm Igloo has partnered with Thailand’s JMT Network Services to create a new joint venture (JV) focused on building a digital insurance business. The two companies aim to…
Higala, an instant payments system connecting smaller financial institutions to electronic fund transfer services such as InstaPay, has extended its seed funding round to $2.8 million. The funding is led…
A study by fintech company Wise found that Filipinos lose approximately P8.3 billion annually to hidden fees in international transactions. These fees are often concealed in exchange rates and other…
Payoneer plans to focus on expanding its regulatory moat, modernizing technology infrastructure, and further enhancing its financial stack.
The collaboration will integrate Visa’s global payment technology with CIMB Bank Philippines’ digital services to offer SMEs better financial solutions.
Maya reported having 5.4 million bank customers, a 71% rise from the previous year, and 1.6 million borrowers, nearly twice the number from 2023.
Igloo is also strengthening existing collaborations to support its embedded insurance and sales intermediaries business lines.
With the launch of PHP account details, Wise customers in the Philippines can now receive local payments from employers, friends, and family as if they had a traditional bank account.
With nearly 20 million loan transactions, lending platform JuanHand continues to offer accessible lending options to Filipinos.
PalawanPay, the electronic wallet service of the Palawan Group of Companies, has partnered with IDfy, an identity verification platform, to enhance security and prevent fraud in digital transactions. IDfy, based…
This facility will help propel the growth of Atome Financial's expanded product suite, strategic partnerships, and profitable regional portfolio.
Ant International has appointed Jiang-Ming Yang as its chief innovation officer, assigning him to lead the company’s product and technology teams. He will also head the CIO Organisation, which oversees…
UnaCash, a digital financial service provider, highlights the importance of data protection and shares simple steps consumers can take to secure their information. Cyber threats such as phishing, smishing, and…
According to a study by Visa, a global digital payments company, Gen Z is changing how people manage money, As these young adults, who are in their 20s and 30s,…
JuanHand is urging Filipinos to start 2025 with a more intentional approach to financial planning, emphasizing the balance between borrowing and responsible spending. After the holiday season’s expenses, the fintech…
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