by Jan Michael Carpo, Reporter Skyro, a trailblazer in the Philippine fintech industry, has achieved a remarkable milestone, disbursing over P5.2 billion in consumer loans by September 2024. This achievement underscores the company’s commitment to advancing financial inclusion, particularly in underserved rural communities, while solidifying its position as a key player in the country’s fintech […]
Visa, a global leader in digital payments, has partnered with Thames International and the City Government of Baguio to drive the digital transformation of the city’s vibrant MSME sector. By empowering local businesses with the tools and knowledge they need to thrive in the digital age, this five-year partnership aims to revolutionize the way businesses […]
The Bangko Sentral ng Pilipinas (BSP) has highlighted the Philippines’ significant potential as an investment hub for Islamic finance. Photo shows BSP Governor Eli M. Remolona, Jr. (right) with HE Dato’ Abdul Malik Melvin Castelino, Ambassador of Malaysia to the Philippines, during the launch of an ADB report at Manila Peninsula Hotel. Speaking at the […]
PayMongo, a pioneer in financial technology for Filipino businesses, has reached two critical milestones in its mission to empower merchants with secure, efficient, and scalable digital payment solutions. First, the fintech leader has earned the SOC 2 Type 2 certification, demonstrating its commitment to data security and operational excellence. The second milestone is the launch […]
Progressive Rural Bank Inc. (PRBI) has recently partnered with South Korea’s Bankware Asia and its local distributor, Ascend Data Management Inc. in a groundbreaking step towards modernizing rural banking in the Philippines. Photo shows (from left): Wilson Go-Bankware Asia, Country Head-Philippines; Allyxon T. Cua- Ascend Data Management Inc., Chairman; Roel H. Mercado- Progressive Rural Bank Inc., President; Leody Macasaet-Progressive […]
The Cybercrime Investigation and Coordinating Center (CICC) has issued a warning to the public about a surge in cryptocurrency and dollar investment scams coinciding with Bitcoin’s recent record highs. As Bitcoin prices approach the US$100,000 mark, scammers are increasingly exploiting the heightened interest in digital assets to defraud unsuspecting investors. CICC warns: Scams on the […]
The long wait is finally over! UnionBank is revolutionizing transportation in the Philippines by bringing Tesla’s iconic electric vehicles (EVs) closer to Filipino consumers. UnionBank to offer tailored financing solutions With tailored financing solutions, the bank is paving the way for Filipinos to embrace sustainable driving and join the global shift toward eco-friendly mobility. Tesla, […]
The Bangko Sentral ng Pilipinas (BSP), in collaboration with key partners, is taking significant strides to revolutionize financial education (Fin-Ed) in the Philippines. The BSP launches new financial education course materials for out-of-school youth and adults in collaboration with the DepEd and USAID Opportunity 2.0 Program. Photo show (from left:) Education Development Center’s Philip Purnell, […]
The Philippine Competition Commission (PCC) has initiated a Phase II review of Globe Fintech Innovations Inc.’s (Mynt) proposed acquisition of a 100% stake in Electronic Commerce Payments Inc. (ECPay). This heightened scrutiny underscores the watchdog’s commitment to safeguarding competition in the fast-evolving digital payments landscape in the Philippines. Mynt, the parent company of the popular […]
The holiday season is upon us, bringing with it not just twinkling lights and festive cheer but also the much-anticipated 13th-month pay. Your annual bonus is more than just a reward for a year of hard work; it’s a golden opportunity to take control of your finances and supercharge your financial future. Whether you’re aiming […]
