Technology News
Financial technology company Skyro recently secured a ₱200-million credit facility from the Philippine Bank of Communications (PBCOM), a universal bank, to support its operations across the country. “Our credit facility…
Planning a wedding is an exciting chapter, especially if you’re dreaming of saying “I do” with your toes in the sand and the sound of waves in the background. A…
Filipino travelers can now make cashless payments at more locations in Japan with finance aoo GCash. Thanks to its partnership with Alipay+ and Japan’s PayPay, the GCash Global Pay feature…
Maya, a digital banking and payments firm, ended 2024 on a high note with ₱68 billion in loans disbursed and ₱39 billion in deposit balances. Since launching in 2022, the…
Booking.com, an online travel platform, has teamed up with Antom, a merchant payment and digitization services provider under Ant International, to improve payment options for customers in Asia. The partnership…
The Philippines’ digital lending market is projected to exceed $1 billion in the latter half of 2025, driven by increased demand for online financial technologies. This forecast, revealed by online…
Coronis Health, a healthcare BPO provider, has partnered with Paywatch, a global financial wellness platform, to launch an Earned Wage Access (EWA) solution, empowering employees with financial flexibility. This initiative…
Alipay+, a cross-border mobile payment solution developed by Ant International, now connects 35 international payment partners with over 90 million merchants in 66 markets. This development comes ahead of the…
Pomelo, a financial service app catering to Filipino families in the United States, has introduced a unique approach to cross-border money transfers. The app, designed to strengthen financial ties and…
Remittances from Overseas Filipino Workers (OFWs), digital workers, and small business owners surged in December 2023, reaching $3.6 billion — a 3.9% increase from the previous year. These funds often…
Freelancers thrive on flexibility, from choosing projects to setting schedules, but managing finances can be challenging. Digital bank Maya offers tools tailored to freelancers, helping them handle their money effectively…
Digital bank Maya and loan app JuanHand have teamed up with government agencies to launch Protecta Fintech, an initiative designed to address cybercrime in the fintech industry. Protecta Fintech unites…
Tyme Group, the Singapore-based digital banking company with operations in Africa and Southeast Asia, announced it achieved unicorn status after securing $250 million in a Series D funding round. The…
A new survey from EY, a professional services organization, highlights how generative AI (GenAI) may reshape tax and finance functions. The findings from the 2024 EY Tax and Finance Operations…
The Bangko Sentral ng Pilipinas (BSP) and several financial institutions have finished testing Project Agila, a system that allows banks to send money to each other any time of the…
Lista, a financial management app in the Philippines, celebrates its third year with the launch of The Credit Club, an initiative designed to help Millennials and Gen Z Filipinos better…
Real-time payments are projected to bring significant economic and social benefits to the Philippines, according to a recent report by ACI Worldwide, a global payments technology provider. The ACI Worldwide…
Filipinos are increasingly combining vacations with concerts, creating a growing trend in music tourism. To support this, finance app GCash offers a range of services to make travel and payments…
EastWest Bank, a personalized financial services provider, has partnered with MoEngage, a customer engagement platform, to enhance digital banking experiences and better meet customer needs. “Implementing MoEngage for our digital…
Visa, a global payments technology company, has joined forces with Thames International and the City Government of Baguio to promote digitalization and support tourism. The five-year partnership, launched with the…
As the 2023 holiday season highlighted the spirit of giving, Home Credit Philippines (HCPH) saw strong demand for mobile phones, home appliances, and electronics. The company recorded sales of P16.3…
GCash users can now enhance their travels across Asia with exclusive deals and a simplified payment experience. The fintech app, in partnership with Alipay+, offers a seamless Scan-to-Pay feature accepted…
International Data Corp. (IDC), a market intelligence firm, predicts that business leaders in the Asia Pacific region will expect an 80% success rate for generative AI (GenAI) initiatives by 2027.…
Digital bank Maya Bank may reach profitability by the close of 2024, supported by strong growth in its deposit base and expanding customer reach, as revealed by PLDT during the…
The Philippines’ mobile commerce (m-commerce) sector is projected to contribute around $11.1 billion (P632.9 billion) to the country’s digital economy in 2025, accounting for about 25.9% of total digital transactions,…
Higala Group Inc., an instant payments platform operator, and Rizal Commercial Banking Corp. (RCBC) have partnered to launch SynerFi, a digital payments platform aimed at bridging financial gaps for rural…
Ant International, a financial technology firm based in Singapore, is expanding its use of artificial intelligence (AI) to enhance cross-border transaction security and efficiency for nearly 100 million small and…
Wise, a global financial technology company, now has direct access to InstaPay, the Philippines’ real-time payments infrastructure. The connection allows Wise to settle directly with the Bangko Sentral ng Pilipinas…
The Cybercrime Investigation and Coordinating Center (CICC) has partnered with JuanHand, an online lending platform, to enhance the safety of digital lending in the Philippines. The two organizations signed a…
Payoneer, in partnership with social enterprise Bridge for Billions, recently concluded a six-month business incubation program aimed at supporting Filipino startups, hosting the final event “Accelerate Your Growth” at Grand…
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