Fintech Singapore | Philippines Archives - Page 2 of 24

Philippines

Philippines’ RCBC and DTI To Enable Digital Payments For Micro-Businesses

Rizal Commercial Banking Corporation (RCBC) and the Department of Trade and Industry (DTI) has partnered to create DiskarTech’s NegosyanTech programme to digitalise community-based microenterprises in every barangay nationwide through partnership and ecosystem building. More than 1.3 million sari-sari stores (a

Philippines

RCBC’s Diskartech Reaches 1 Million Downloads

DiskarTech, powered by Rizal Commercial Banking Corporation (RCBC), has reached one million downloads just 38 days from its market launch. It was also ranked second overall amongst mobile apps in the country by Google Play Store and Apple Store and

Blockchain/Bitcoin Philippines

Philippines Central Bank Joins Digital Currency Race

Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank, has created a committee to look at the feasibility and policy implications of issuing its own digital currency, governor Benjamin E. Diokno said on July 29. “We have to first look

Philippines

RCBC’s Diskartech Tops Google Play’s Free Finance Apps, Surpassing Gcash and PayMaya

DiskarTech, Rizal Commercial Banking Corporation’s (RCBC) virtual bank has claimed the top spot among free finance apps in Google Play for Android users in the first month since its launch. As for users of iOS devices, DiskarTech ranks second among

Philippines

Philippines Launches Blockchain-Based App for Bond Investment with UnionBank and PDAX

The Philippine Bureau of the Treasury (BTr), together with Union Bank of the Philippines (UnionBank) and Philippine Digital Asset Exchange (PDAX), launches an app for the distribution of retail treasury bonds enabled by Distributed Ledger Technology (DLT). The app, called

Philippines Virtual Banking

Diskartech’s Taglish Digibank App Sees 8 Downloads by Filipinos Every Minute

Barely three weeks after its launch, more unbanked and underserved Filipinos are now downloading the country’s first and only Taglish inclusion super mobile app, DiskarTech. Taglish refers to the Philippine language Tagalog infused with American English terms that has been

Philippines

CIMB’s Digital Bank in Philippines Poised for 500% Growth in 2020

CIMB Bank Philippines is foreseeing a 500% increase in their deposit balances by end-year, following a reported 160% surge of average cash-in per customer in the second quarter of 2020. Their momentum for customer acquisition stood strong throughout April to

Mobile Payments Philippines

GrabPay Philippines Enables Instant Fund Transfers with InstaPay

GrabPay announced today the introduction of instant fund transfers in the Philippines within its e-wallet. This new feature is made possible thanks InstaPay, an initiative from Bangko Sentral ng Pilipinas (BSP) to enable payment interoperability. The introduction of this feature

Mobile Payments Philippines

Philippines’ Department of Agriculture Enlists PayMaya for Loan Disbursement

The Department of Agriculture’s has announced the use of PayMaya, a mobile wallet under the purview of PLDT, to disburse loans for their Kapital Access for Young Agripreneurs (KAYA) financing program through the “KAYA” cash card. The initiative was formally