Standard Chartered Bank (SCB) was recently recognized for its achievements in transaction banking, winning a total of 97 awards across its markets during The Asset Triple A Awards 2022. The bank was also named the Best E-Solutions Service Provider in the Philippines. Transaction banking is a banking service that allows for the safe flow of money […]
Three international digital banks with local operations in the Philippines have made it to the inaugural list of The Asian Banker (TAB)’s top 100 global rankings list this year based on their financial technology and retail operations. TAB is a leading provider of strategic business intelligence and builder of platforms on the financial services industry. […]
Coins.ph, the Philippines’ leader in the crypto industry, has recently partnered with Fireblocks, the award-winning provider of digital assets and crypto technology. The integration of Fireblocks into Coins.ph will allow for improved service quality for over 16 million users who are now using the platform. Considered a highly reliable partner, Fireblocks is also touted to […]
“The Philippines’ economic prospects are bright. We will probably be the fastest-growing country in the ASEAN region in the next two years and the second-fastest in the Asia-Pacific region, after India,” beamed Benjamin Diokno, former BSP chief and now Secretary of Finance. Diokno said that in spite of higher public debt, the country’s overall economic […]
by Jan Michael Carpo, Reporter Crypto enthusiasts argue that technology can “bank the unbanked” by allowing people without bank accounts to quickly send and receive money across borders through e-wallets and other digital financial substitutes. Cryptocurrencies can also give them access to other financial services and opportunities that would have not been available to them otherwise. […]
Customers of UNOBank Inc. will soon be able to experience a smooth, fast, secure, and concierge-like onboarding process once its transition to a new Customer Relationship Management (CRM) system gets underway. In a press release, the digital bank announced that it will now be utilizing BUSINESSNEXT, one of the world’s leading responsive composable banking platforms […]
by Jan Michael Carpo, Reporter I’ve said it before, and I’ll say it again — only invest money you’re willing to lose in cryptocurrencies since they are a risky, speculative investment. For the first time since June 22, Bitcoins fell below the $30,000 mark in July last year. According to Coindesk’s Bitcoin price tracker, its […]
In the midst of the COVID-19 pandemic, people have become drawn more into digital transactions. This prompted the sudden shift to digitalization in acquiring goods and services, which was dominantly led by the Fintech industry and its innovations. To satisfy this new customer demand, businesses have since embraced electronic and digital transformation in their services. […]
Don’t look now but if you thought that your purchases are safe because you’ve been ordering from the same online seller many times over, think again. In a survey conducted between February to April this year, it was found that almost seven out of 10 — or 68.95 percent — phishing attacks in the Philippines […]
Here’s good news for those who have grown accustomed to topping up their e-wallets using their BPI accounts. Just recently, the Bank of the Philippine Islands (BPI) announced that cash-in transactions using GCash will still remain free of charge. This is definitely a welcome development for Filipinos who have since started to adapt to digital […]
