As the latest partner of GCash, UNO Digital Bank will be able to offer at higher than industry interest rates for certain products through GSave, a digital savings account within the e-wallet […]
By introducing new features, Maya is aiming to encourage more of its app users to use its digital banking services. Maya Bank is one of only six digital banks in the Philippines […]
Open Finance technology company Brankas has developed “Brankas Open,” a first-of-its-kind open-source license for the next generation of Banking-as-a-Service and Open Finance software. The Brankas Open license is meant to encourage digital […]
Digital bank Tonik started offering two new lending products, Flex Loan and Big Loan, in a bid to accelerate financial and credit inclusion in the country. Tonik’s best priced unsecured loan yet, […]
Philippines’ Gokongwei Group and Singapore-based Tyme Group officially launched the digital bank GoTyme Bank. The new venture combines high-tech with high-touch approach to make financial solutions accessible to more Filipinos. “The mission […]
Maya Bank registered one million customers and reached P10 billion deposit balance in just five months after its public launch. Publicly launched in April this year, Maya Bank powers the digital banking […]
Neobank Tonik introduced the BillsPay feature to provide consumers with easy and accessible banking. Available through the Tonik app, BillsPay enables users to seamlessly pay their bills on time, without the hassle […]
Digital banking services provider CIMB Bank PH has recently launched CIMB Virtual Card, a unique virtual card powered by its revolving credit product REVI Credit. Through the virtual card, REVI Credit users […]
GoTyme Bank was awarded its Certificate of Authority to operate as a digital bank by the Bangko Sentral ng Pilipinas (BSP). This signifies that the BSP has already reviewed GoTyme Bank’s processes […]
Neobank Tonik has integrated the electronic fund transfer (EFT) service Instapay into its mobile app services. Customers can now send and receive real-time transactions for up to P50,000 to and from participating […]
Noname Security, a proactive API (application programming interface) security platform, has been chosen by Tonik, a neobank based in the Philippines, to help safeguard a critical component of its digital platform as […]
Following the announcement a few months ago, mobile wallet PayMaya has evolved into Maya and will start offering digital banking services. PayMaya (or Maya) is operated by Voyager Innovations, the fintech arm […]
Neobank Tonik has surpassed the P5 billion ($100 million) in consumer deposits after only eight months since its launch. Tonik’s deposit achievement was supported by unique, accessible, flexible, and inclusive products, including […]
Digital-only bank Tonik will start offering its Quick Loan product which is another step in reaching the underserved consumer lending market in the Philippines. “We estimate that there is $100 billion of […]
Private neobank Tonik, which is operating under its own digital bank license by the Bangko Sentral ng Pilipinas (BSP), has launched physical debit cards for clients of its mobile app. Tonik customers can […]
Neobank or digital bank Tonik said it was able to secure a digital bank license from the Bangko Sentral ng Pilipinas (BSP). In December 2020, BSP released the guidelines for digital banks […]
Tonik, a neo or all-digital bank that recently launched in the Philippines, has now enabled interbank fund transfers through PESONet, an electronic fund transfer service. This service is initially available through RCBC, […]
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