World Bank approves funding to support PH financial sector resiliency, strengthen recovery
The World Bank’s Board of Executive Directors has recently approved a financing program to support the Philippine government’s efforts to…
SEC seeks to beef up authority over local crypto industry, to bring digital money under its scope
The Securities and Exchange Commission (SEC) is putting together a new set of proposed regulations that would beef up its…
Strike expands its “Send Globally” product to be able to offer lightning-fast money transfers in PH
Strike, the world’s leading digital payments platform built on Bitcoin’s Lightning Network, announced the expansion of its “Send Globally” product…
New DBP prexy to broaden role in infrastructure financing, strengthen PH’s economic growth
In the Philippines, development financing institutions play a pivotal role in the quest for sustainable growth and development. At the…
DTI taps fintech firm to offer cashless payments, aid in digital transformation of MSMEs in PH
The Department of Trade and Industry (DTI) announced recently that it has signed a partnership deal with financial technology (fintech)…
Union Bank’s fintech division reports achieving exponential growth across all industries in 2022
by Jan Michael Carpo, Reporter UBX Philippines Corporation, the Aboitiz family’s financial technology (fintech) division, announced in a media advisory…
Study sees widespread use of mobile phones as a growth driver for digital payment adoption in PH
The digital payments landscape in the Philippines has experienced significant growth in recent years, with the use of e-wallets starting…
Global open finance provider taps Element to roll out its fraud detection program using AI services
AI digital identity services provider Element has recently joined forces with Brankas, a global open finance technology provider, as the…
Digital currency wallet provider launches new app that allows users to buy assets using PH Peso
Digital currency wallet provider Pitaka has just launched a new feature that would allow its users to buy digital assets…