Visa: Gen Z’s financial habits shape future of digital payments
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 advocates mindful spending, strategic borrowing
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…
Skyro secures ₱200-million credit facility from PBCOM
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 Beach Wedding in the Philippines: Cost considerations for your dream day
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…
GCash expands reach as 3M merchants in Japan accept QR pay
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 disburses a total of ₱92 billion in loans
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, Antom partnership to expand local payment options across Asia
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…
Philippines’ digital lending market may surpass $1 billion
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 taps Paywatch to offer earned wage access to employees
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+ links global travelers to merchants in 66 markets
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…
Fintech app Pomelo enables fee-free remittances for Filipino families
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…
Visa enables digital remittance for OFWs and freelancers
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…
Manage freelance finances and grow your savings with Maya
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…
Maya, JuanHand join forces with partners to combat cybercrime
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 reaches unicorn status with Nubank investment
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…
EY: CFOs see GenAI as a tool to tackle tax, finance hurdles
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…
BSP tests new system for 24/7 bank fund transfers
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…
Finance app Lista marks 3rd year with launch of The Credit Club
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…
ACI Worldwide: Real-time payments to bring $323M to PH economy by 2028
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…
GCash enhances music tourism with travel insurance, cashless options
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 and MoEngage partner to focus on tailored customer banking
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 partners with Thames International to support Baguio MSMEs’ digitalization
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…
Top items Filipinos bought using Home Credit
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 unlocks exclusive travel perks in Asia
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…
IDC: Asia Pacific businesses target 80% success rate on GenAI by 2027
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.…
Maya projects profitability by end of 2024 amid growth
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…
UnaCash: Philippines’ mobile commerce to add $11.1B to digital market by 2025
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, RCBC partnership opens InstaPay access for rural banks
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 advances AI to secure cross-border payments
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 gains direct access to InstaPay, enabling faster payments in PH
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…