Fintech Alliance.Ph

As Fintech leadership moves to Asia, the Philippines has strong potential to emerge among its central players. This was one major analysis that surfaced at the first panel of the day entitled “Fintech Growth: Powering Up Cities, Communities, and The Entire Country.” Various industry leaders who spoke in the panel were Bangko Sentral ng Pilipinas (BSP)…

MORE THAN HALF of Philippine organizations now find innovation in the country “easy,” after they increased their abilities to innovate amid a pandemic crisis, the latest study by Microsoft Corp. and International Data Corp. (IDC) Asia/Pacific showed.

“Since the COVID-19 (coronavirus disease 2019) pandemic, Philippine organizations have matured in the culture of innovation by 4%, increasing…

With the calibrated opening of the business, the Filipino entrepreneurs find silver linings after getting a big blow from the slowdown of economic activity due to the COVID-19 pandemic.

According to Director Jerry Clavesillas from the Bureau of MSME Development under the Department of Trade and Industry, “As we started to ease up the situation or…

UnionBank has partnered Standard Chartered Bank (SCB) to successfully complete a proof of concept (POC) for the issuance of a retail bond on a digital platform leveraging blockchain technology for bond tokenisation.

The 3 and 5.25-year dual tranche issuance totaling PHP 9 billion by UnionBank was successfully mirrored on the platform co-created by UnionBank and SC Ventures, the…

Mastercard has announced a five-year partnership with PayMongo, a Filipino online payment platform, that allows businesses to quickly set up payment systems and accept multiple modes of payment such as cards, e-wallets and other alternative payment options.

The strategic partnership with Mastercard will strengthen PayMongo’s business offerings by enabling the latter to be a Mastercard issuer to small and…

An IBM study showed top executives of Philippine-based firms will continue investing in digital technology in the next two years, accelerating their digital transformation amid the pandemic.

In a virtual media roundtable Friday, IBM Philippines president and country general manager Aileen Judan Jiao said companies will continue to roll out digital transformation initiatives even if coronavirus…

The country’s largest integrated telco PLDT and its wireless arm Smart Communications, Inc (Smart) continue to recognize the hard work of local entrepreneurs in helping keep the economy afloat amid the global COVID-19 crisis. 

At the invitation of the United Nations Industrial Development Organization (UNIDO) and the UN Global Compact Network Philippines (GCNP), PLDT and Smart…

Consumer education on digital payments and fund transfers needs to be strengthened for more people to embrace this system, which registered strong uptake after Luzon was placed under lockdown in the first half of 2020.

In a virtual briefing Friday, Xendit Philippines Managing Director Yang Yang Zhang said ensuring regulators are briefed on what the company…

More than half of Filipino executives are prioritizing the digital transformation of their business in the next two years, a study from the IBM Institute for Business Value said.

The institute conducted a global study on coronavirus disease 2019 (COVID-19) and the future of business from April to August 2020, which found that digital transformation is…

THE BANGKO SENTRAL ng Pilipinas (BSP) has released the guidelines for establishing digital banks in the country, giving it a distinct classification to boost the sector’s delivery of financial services to consumers.

BSP Circular No. 1105 signed by BSP Governor Benjamin E. Diokno on Dec. 2 defines a digital bank as an institution that offers financial…