Fintech Alliance.Ph

First IoT offer for enterprises in the Philippines

PLDT Inc., through PLDT Enterprise and its Wireless arm Smart Communications. Inc., is in an advanced stage of discussion with long-time partner Nokia to provide next-generation Internet of Things (IoT) services for its customers. Together, Smart and Nokia intend to build the “Smart IoT Platform” – the first…

The current COVID-19 health crisis is unprecedented in its scope, impacting all countries and the world’s economy at large.

In banking, COVID-19 has accelerated the shift to digital, pushing customers towards mobile banking and contactless payments. For financial institutions, COVID-19 has acted as a catalyst for digital transformation, revealing how outdated current processes were and how…

Bangko Sentral ng Pilipinas’ (BSP) Governor Benjamin Diokno indicated that improving the financial inclusion landscape can aid in the recovery of the domestic economy from the pandemic.

In a taped speech during the Pru Life UK Online Investment briefing, he said “financial inclusion has become a compelling strategy for sustainable growth.”

Diokno mentioned that the government’s efforts to…

Cortex Enterprise Solutions was built to empower Filipino businesses to be on par with the digital transformation of enterprises across the world. The company’s ultimate goal is to enable Filipino businesses to optimize and make their operations more efficient through technology.

Serving a variety of industries and business landscapes that have an immediate need for smart…

True to its commitment to embark on digital transformation to empower as many Filipinos as possible, RCBC’s DiskarTech, has adopted the interoperable national quick response (QR) code standard as payment and transfers feature in its super app. This is in support of the government’s massive digitalization efforts especially during the pandemic through the initiatives of…

The Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) will allow foreign investors to enter the Philippines starting from Nov. 1.

Under Resolution No. 80 dated Oct. 22, foreign nationals with investment visas will be allowed to enter the Philippines, which has implemented travel curbs starting February to stem the rise in coronavirus…

The central bank has approved $3.919 billion in government’s foreign loans in the third quarter, with most of the funds going to the coronavirus disease 2019 (COVID-19) pandemic response and massive infrastructure projects.

The amount of national government foreign borrowings approved was 49% higher than the $2.654 billion in foreign debt greenlit in the same period…

MANILA – Improving the financial inclusion landscape in the Philippines is seen to further help in the recovery of the domestic economy from the pandemic.

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno, in a taped speech during the Pru Life UK Online Investment briefing Friday, said “financial inclusion has become a compelling strategy for sustainable growth.”

He…

Last October 20, Union Bank of the Philippines (UnionBank) held the fifth installment of its E-TalkTales series wherein Head of Transaction Banking Mon Duarte discussed the Bank’s various transaction banking solutions, particularly The Portal, its all-digital banking platform for corporate clients.

Duarte began the discussion by differentiating UnionBank’s Transaction Banking solutions, which he defined as simply…

A central bank digital currency (CBDC) will not materialize in the Philippines within the term of Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno, which is until 2023.

“I don’t think so. Most central banks said they will not issue CBDC within the next five years. So not within my term,” Diokno said in a virtual…