DBP posts P4.42-billion profit; net income jumps by 60% in the first half of this year
A top official of the Development Bank of the Philippines (DBP) announced recently that the state-owned bank was able to…
News
Latest fintech updates in the Philippines: breaking news on digital banking, crypto, e-wallets, payments, and inclusive finance insights.
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Alibaba Cloud open-sources its 7-billion parameter LLM models, commits to open-source community
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today announced its latest contribution to the open-source community…
Boxing champ Manny Pacquiao joins leading broker XM, to offer free financial education in PH
Leading global financial services provider XM has recently announced its strategic partnership with Manny Pacquiao, an 8-division world champion and considered…
New AWS Build Program helps early-stage startups set their ideas off the ground
10-week program to provide technical guidance to early-stage startups in successfully launching their applications in the AWS cloud Amazon Web…
BOC taps MYEG for deployment of a Blockchain-based China customs clearance system
PH becomes the second country after Malaysia to adopt Ztrade, a cross-border trade application Blockchain MY E.G. Services Berhad (MYEG…
Majority of businesses in PH expect full cloud migration in 2 years — Alibaba Cloud
by Jan Michael Carpo, Reporter According to a survey entitled “The Next-Generation Cloud Strategy in Asia,” a large majority (85%)…
Enhancing commuter convenience: Mocasa, beep™ team up for effortless payment solutions
Mocasa, the Philippines’ first virtual credit wallet, recently announced its partnership with AF Payments Inc. (AFPI), an automated fare collection…
PH ranks 7th in SEA Internet Resilience Index, behind only Singapore, Thailand and Malaysia
The Internet Society, a global, charitable non-profit organization that works to keep the Internet open, globally-connected, and secure, has just…
Union Digital Bank partners with AirAsia, airasia Superapp, and fintech firm BigPay
UnionDigital Bank Inc., a division of the Aboitiz-led Union Bank of the Philippines, has recently signed a strategic collaboration agreement…
Japan-based credit rating agency gives PH a “positive” outlook, affirms BBB+ rating
Rating and Investment Information, Inc. (R&I), a Japan-based credit rating agency, has affirmed the Philippines’ credit rating of “BBB+” and…
AWS announces new generative AI innovations and digital skills offerings
New fellowship for climate tech startups also tackled at AWS Summit in New York Amazon Web Services (AWS) recently hosted…
Coin deposit machines gain traction, reaching over P18.8M deposits since launch in June
The Bangko Sentral ng Pilipinas (BSP)’s Coin Deposit Machines (CoDMs) have started to gain traction, with a number of Filipinos…