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Jul 08 2021 
[FEATURING] Asialink, RCBC tie-up targets unbanked Pinoys
CEBU, Philippines — Two financial institutions are working together to help the Philippines revive its economy faster by providing easy banking services, particularly to unbanked Filipinos.
Asialink Financial Corporation (AFC), in partnership with the Rizal Commercial Banking Corporation (RCBC) through its digital banking app DiskarTech, signed a memorandum of agreement (MOA) making AFC the pioneer partner…
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Jul 08 2021 
[FEATURING] Philippine banking software firm Netbank launches credit services with Investree
Netbank, the banking as a service platform, and Investree, the leading SME lender from Indonesia, have announced in partnership to expand loans to SMEs in the Philippines. This partnership allows Investree to accelerate its growth and so serve more of the underserved SME market.
SME lending is very underdeveloped in the Philippines. SME loans as a…
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Jul 08 2021 
RCBC ensures faster access to financial services for MSMEs
In a bid to spur lending to SMEs, Rizal Commercial Banking Corporation (RCBC) has reengineered its business processes to help SMEs gain faster access to financial services.
The bank’s transformation, which started in 2019, involved the use of data analytics, streamlining of processes, and employing the use of cloud-based technology while ensuring customer support through remote…
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Jul 08 2021 
[FEATURING] Firms offer installment terms for online sellers
HOMEGROWN finance sector players announced signing a deal offering card-free installment solutions for online retailers in the country.
In a statement last Monday, Payment system operator Paynamics Technologies Inc. (PTI) announced a ‘strategic partnership’ with financial technology (fintech) First Digital Finance Corp. (FDFC) to “give local online retailers more options and flexibility with their finances especially…
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Jul 08 2021 
SEC revokes lending firm’s license, warns vs unauthorized investment schemes
THE Securities and Exchange Commission has revoked a lending firm’s license to operate over unfair debt collection policies and also released advisories against two unauthorized entities collecting investments from the public.
The regulator canceled the certificate of authority (CA) of KingABC Lending Corp., which runs Pondo Loan, Start Loan, Green Loan, and Loan Club.
In…
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Jul 08 2021 
[FEATURING] 7-Eleven’s Birthday Sale has over 250 items at 50% off, deals for as low as P7
Everyone’s go-to convenience store is back at it again with another week-long birthday sale to celebrate #711Day!
7-Eleven stores nationwide are going all out with offers at half the price on over 250 items, including chips, biscuits, confectionery, liquor, groceries and more.
From July 7 to 11, customers are treated to 50% discounts on food as well…
