As Philippine financial institutions accelerate integration with the National ID system, Maya is already showing how government digital infrastructure and responsible AI can work together at scale to make financial onboarding faster, simpler and more efficient. The development comes as the Bangko...
Filipinos have always been globally connected but their financial needs have evolved far beyond just sending remittances home. Today, living across currencies is becoming a norm for even more Filipinos, fuelled by a thriving freelance economy earning international salaries and a growing appetite...
Philippine financial technology (fintech) firms are backing a Bangko Sentral ng Pilipinas (BSP) proposal that would require banks and nonbanks to move away from accepting multiple forms of identification for account opening and digital onboarding and instead recognize the national ID as the primary...
Visa and USSC Money Services, Inc. (UMSI), one of the largest one-stop shops for financial services in the Philippines, are ushering in a new era of payments digitalization with the launch of U Accept, an innovative payment solution that empowers micro, small, and medium enterprises (MSMEs) to...
The Philippines needs to deepen its pool of advanced financial technology (fintech) talent, particularly in artificial intelligence (AI) and cybersecurity, despite having an established information technology and business process management (IT-BPM) sector and a large base of English-proficient...
Speaking on the sidelines of the ASEAN Tech Summit, Changpeng Zhao (CZ) outlined his post-Binance priorities, highlighting a pivot toward basic education, targeted startup investments, regulatory advising, and the transformative economic potential of blockchain for developing nations like the...
The country’s umbrella group of financial technology (fintech) companies has thrown its support behind a legislative measure pushing the mandatory use of alternative data to democratize finance, as it calls for broader efforts to strengthen financial inclusion. In a statement on Friday, July 31,...
With more banks slashing fees on digital fund transfers, the country’s largest group of financial technology (fintech) companies stressed that these fees remain integral to sustaining the operations of smaller firms and strengthening the security of online payments. Fintech Alliance.ph Chairman...
Sticking to a budget can be stressful, especially when unexpected expenses send it over the edge. In this economy, it can be a struggle to keep up with daily expenses and stick to your budget. What more when you have to deal with sudden and unexpected expenses? Ask anyone, I have been using Maya...
SM Investments Corp. (SMIC)-backed PayRex is expanding in the local market with an approach that bypasses the growth-at-all-costs gospel of the financial technology (fintech) sphere. Instead, it favors the unglamorous over the flashy, and resilience over explosive expansion. Jaime Hing III,...
In the US, Samsung has entered the credit card business by unveiling the Samsung Galaxy Card. Consider it a little teaser in what they will be announcing at the Galaxy Unpacked, which will be happening tomorrow at 9pm. In the US, the Galaxy Card is issued by Barclays US Consumer Bank and runs on...
UnionDigital Bank (UD) and grassroots entrepreneurship network Hapinoy have strengthened their partnership to help sari-sari store owners and micro-entrepreneurs embrace digital banking through new financial education initiatives unveiled during the Hapinoy Caravan. Held on July 17 at the Sta....
