Local banks are in the sights of global fintech platforms provider, Intellect Design Arena, which targets the Philippines as a lucrative "strategic market". Over the short term, in just in a couple of years, the company expects to haul in $10 million revenues per annum, around P546 million, from...
TECH4GOOD Monchito Ibrahim The rapid digitalization of everything we do today is fast changing the country's financial inclusion landscape. Although the share of the unbanked population in the country is still one of the highest in the Asia Pacific region according to Statista research, the...
BayaniPay, a Los Angeles-based Filipino fintech company, targets to get 20 percent of the $146 billion global market for Filipino remittances in three years, CEO Winston Damarillo told reporters. Already, BayaniPay is the first cross-border digital financial service for the 4.2 million strong...
(L-R) Ann Cuisia, President and CEO, digiCOOP; David Almirol, Jr., Undersecretary for e-Government, Department of Information and Communications Technology (DICT); Io Guballa, Business Lead for Banking Services, UBX; Albert Tinio, Co-CEO and Chief Commercial Officer, GoTyme Bank; and Edison Tsai,...
Becoming a great retail bank is a journey and not a destination. UnionBank stood out on the global stage at the recently-concluded Singapore FinTech Festival (SFF) for the fifth consecutive year as the lone Filipino bank gold sponsor bannering the “Tech Up Pilipinas” advocacy that is the...
Digital Pilipinas Convenor Amor Maclang cited for work in Fintech in ASEAN Amor Maclang (center) receives her Global Fintech ASEAN Leader award from Jia Hang, General Manager of SEA, Ant Group (left) and Shadab Taiyabi, President of the Singapore FinTech Association (right). Digital Pilipinas...
Tonik, the first digital-only neobank in the Philippines, just recently announced that Tomasz Borowski is the company's new Group Chief Operating Officer (COO). He will be based in Singapore and employed by Tonik’s holding company Tonik Financial Pte Ltd, while working closely with the Operations...
The Internet & Mobile Marketing Association of the Philippines (IMMAP) has finally unveiled this year’s theme for the biggest and most anticipated Digital conference in the country. DigiCon Valley 2022 will tackle the landscape of digital marketing transformation with brands, advertising...
Experts and advocates of Islamic finance presented the trends and outlook in the growing sector, including ED Nelly Dillera - PTTC; DED Dhim Radia - PTTC; Dr. Zalina Binti Zakaria -Head, Halal Research Center of Islamic Health, Universiti Malaya; Dr. Dalal Aassouli - Asst. Professor, Islamic...
Financial technology (fintech) is democratizing access to financial services, especially in developing countries like the Philippines and super apps like are becoming the trend as both businesses and consumers take on more loans. These are the top trends in Southeast Asia as the region of over 600...
Bayad and PCI Bayad continues to trailblaze the fintech industry being the trusted brand in the outsourced payment collection service in the Philippines. Having aggregated a multitude of billers that are now being used by more than 100,000 physical touchpoints and leading digital and mobile...
69769 To curb possible misuse of mobile wallets for illegal vote-buying in the May 9, 2022 elections, fintech companies pledged to implement safeguards in user onboarding and account verification processes to allow transactions to be traced easily. The fintech companies made the commitment during...