PH digital lending market to potentially exceed $1b in 2025
During the ten months of 2024, both non-bank digital lenders and digital banks generated 58.9 million app downloads.
Tag: fintech
3 important things to know to start saving
Have you ever dreamed of going on a vacation, upgrading your phone, or sprucing up your home? While life can throw unexpected challenges like bills, emergencies, and holidays, it’s still possible to save.
BSP completes testing for ‘Project Agila’
Project Agila will allow banks to transfer funds to each other even during off-business hours, including evenings, weekends, and holidays.
BSP: Beware of text hijacking
The BSP is alerting the public to the threat of text hijacking employed by scammers to send fake SMS.
GoTyme Bank’s major shareholder Tyme Group achieves unicorn status
Tyme Group, the multi-country digital banking group headquartered in Singapore announced that Nubank (Nu) led its Series D capital raise.
BSP says more firms interested in getting a digital bank license
The Bangko Sentral ng Pilipinas said new players and banks have expressed interest in securing a license to operate as digital banks.
Ezypay teams up with GCash and Xendit for subscription-based payments
Ezypay has introduced the country’s first recurring payment integration with GCash, further enhanced through its collaboration with Xendit.
Pia Arellano takes over as new credit bureau CEO
CIBI Information, Inc., the country’s first local credit bureau, announced the appointment of Pia Arellano as its new president and…
Industry group urges fintech firms to have stronger cybersecurity measures
Protecta Pilipinas urged the financial technology (FinTech) industry to implement strong cybersecurity measures amid rise in financial scams.
NHMFC expands online payment with MYEG Philippines
The National Home Mortgage Finance Corporation (NHMFC) announced that it has expanded its online payment options for customers