Fintech

Technology

Digital payment platforms welcomed for MSMEs

MAKATI CITY – On 21 September 2023, Department of Trade and Industry (DTI) Secretary Fred Pascual led the signing of the Memorandum of Agreement (MOA) between DTI E-Commerce Division and…

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Technology

Bangko Sentral ng Pilipinas and Philippine Payments Management to launch three e-payment streams

The Bangko Sentral ng Pilipinas (BSP) and the Philippine Payments Management, Inc., (PPMI) will launch three e-payment streams as part of a push to broaden the use of digital payments…

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Technology

Digital Payments continue to rise in the Philippines, BSP achieved its target of 20% of digital payments in 2020

The latest report of the Bangko Sentral ng Pilipinas (BSP) confirms that the BSP achieved its target of reaching 20% of digital payments volume by 2020. The report reveals that…

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Technology

Digital Banking is a Game-Changer says Bangko Sentral ng Pilipinas

The Bangko Sentral ng Pilipinas (BSP) said the emergence of digital banks can be a game-changer on the delivery of financial products and services from traditional brick-and-mortar banks. During a…

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Technology

Bangko Sentral ng PIlipinas, payments industry rollout initiatives to boost payments digitalization

The Bangko Sentral ng PIlipinas (BSP) and the payment systems industry are set to rollout an array of initiatives that are expected to further advance payments digitalization and financial inclusion…

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The Economy

National ID registrants onboarded by LANDBANK to formal banking system reach 4.5M in 2nd quarter

In step with President Duterte’s goal of financial inclusion for all Filipinos, the number of unbanked national ID registrants onboarded by the Land Bank of the Philippines (LANDBANK) to the…

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Thousands of Filipino students join BSP’s First Youth Summit on Digitalization and Financial Inclusion

Amid physical distancing measures that make digital transactions more appealing especially for the tech-savvy youth, close to 32,0001 participants, mostly from the youth sector, have viewed the livestream of the…

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Technology

The Supreme Court of the Philippines launches Judiciary ePayment for small claims

The Supreme Court of the Philippines today launched virtually the Judiciary ePayment for Small Claims, the online payment of legal fees for small claims cases. The option of cashless payment…

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DTI-Hong Kong launches Trabaho, Negosyo, Kabuhayan Series on OFBank digital banking

The Philippine Trade and Investment Center – Hong Kong Special Administrative Region (SAR) or PTIC-HK conducted a Trabaho, Negosyo, Kabuhayan (TNK) webinar series entitled “OFBank Digital Banking, Be E-Safe” together…

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Technology

Digital payments on a steady rise in the Philippines, boosted primarily by greater acceptance and use of retail payments

A new report by the Bangko Sentral ng Pilipinas (BSP) and Better Than Cash Alliance (Alliance) affirms the steady increase in the share of monthly digital payments made in the…

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The Economy

Guidelines for payments options on the purchase of consumer products and services issued by the Department of Trade and Industry

To ensure consumers’ access to various modes of payment on their purchase of products and services, the Department of Trade and Industry (DTI) issued the Department Administrative Order (DAO) No.…

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The Economy

Overseas Filipino personal remittances rises by 5.3%—mainly from the USA and Singapore

Personal remittances from overseas Filipinos amounted to US$2.761 billion in February 2021, higher by 5.3% than the recorded figure in February 2020 of US$2.623 billion. The increase in personal remittances…

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Asia

Philippines invites investors, seeks closer fintech and halal ties with Indonesia

Finance Secretary Carlos Dominguez III identified technology and halal as potential areas for trade and investment collaboration with Indonesia in a move that signals the country’s commitment to deepening bilateral…

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Bangko Sentral ng Pilipinas fosters digitalization under its Digital Payments Transformation Roadmap for 2020-2023

The Bangko Sentral ng Pilipinas (BSP) continues to foster digitalization under its Digital Payments Transformation Roadmap for 2020-2023. In a speech delivered during Fintech Alliance PH’s General Membership Meeting yesterday,…

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6-Year Php1 Billion USAID Initiative Boosts Digital Payments Infrastructure in the Philippines

On February 16, the United States Agency for International Development (USAID) marked the successful completion of its E-PESO project in the Philippines. Over the past six years, the project has…

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The Economy

PIDS-ADB study identifies those who will benefit from digital economy

A study conducted by state think tank Philippine Institute for Development Studies (PIDS) showed that there are certain groups who “benefit more from [the] digital economy”. According to the study funded by…

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World Fintech Festival Philippines Day 5 Recap

The week-long event of the World Fintech Festival (WFF)-Philippines culminated in the signing of three major partnerships between international organizations and tech associations in the country showing that continuous collaboration…

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World Fintech Festival Philippines Day 4 Recap

Two powerhouse panels that took place during the fourth and penultimate day of the World Fintech Festival (WFF) – Philippines touched on two global trends that the Philippines should adopt…

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Digital payment platforms welcomed for MSMEs

Bangko Sentral ng Pilipinas and Philippine Payments Management to launch three e-payment streams

Digital Payments continue to rise in the Philippines, BSP achieved its target of 20% of digital payments in 2020

Digital Banking is a Game-Changer says Bangko Sentral ng Pilipinas

Bangko Sentral ng PIlipinas, payments industry rollout initiatives to boost payments digitalization

National ID registrants onboarded by LANDBANK to formal banking system reach 4.5M in 2nd quarter

Thousands of Filipino students join BSP’s First Youth Summit on Digitalization and Financial Inclusion

The Supreme Court of the Philippines launches Judiciary ePayment for small claims

DTI-Hong Kong launches Trabaho, Negosyo, Kabuhayan Series on OFBank digital banking

Digital payments on a steady rise in the Philippines, boosted primarily by greater acceptance and use of retail payments

Guidelines for payments options on the purchase of consumer products and services issued by the Department of Trade and Industry

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Overseas Filipino personal remittances rises by 5.3%—mainly from the USA and Singapore

Philippines invites investors, seeks closer fintech and halal ties with Indonesia

Bangko Sentral ng Pilipinas fosters digitalization under its Digital Payments Transformation Roadmap for 2020-2023

6-Year Php1 Billion USAID Initiative Boosts Digital Payments Infrastructure in the Philippines

PIDS-ADB study identifies those who will benefit from digital economy

World Fintech Festival Philippines Day 5 Recap

World Fintech Festival Philippines Day 4 Recap

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