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Why B2B Payments Is The Next Big Domino in APAC’s Fintech Innovation Wave

In the midst of the Covid-19 pandemic, a 2020 McKinsey report projected that Asia’s payments sector would be well positioned to exceed US$1 trillion in annual revenue by 2022 or 2023, despite also forecasting a temporary 1-8% decline in Asia’s

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

Philippines

PayMaya’s Parent Company Secures US$ 120 Million from Tencent, IFC, KKR and PLDT

PLDT, a major telco player from the Philippines, KKR, a Global investment firm, Tencent, the China-based internet giant, and IFC, a member of the World Bank Group announced the signing of agreements which will see the parties commit up to

Philippines

University of the Philippines Will Launch NFC-Powered ID Cards That Double as a Cashless Payment Card

Soon, students and employees in the University of the Philippines (UP) will say goodbye to the typical barcoded ID cards and instead be given ID cards with radio frequency identification (RFID)/near-field communication (NFC) capabilities. The University has signed a memorandum

Mobile Payments Philippines

17 E-Wallets in The Philippines You Should Know

“A way to carry your money inside your cellphone”. This is perhaps the simplest meaning of an e-wallet as defined by Philippine-based mobile money service GCash. For the past few years, different companies such as telcos, banks, fintech startups, financial

Mobile Payments

A Definitive Guide to Southeast Asia’s Payments Scene

In fintech’s genesis across Asia, it seemed like all of the new developments were focused on streamlining payments without coincidence, around the time that e-commerce experienced its boom too. Now, that trend seems to be making a grand return with

Philippines

Meet 15 Fintech Influencers in the Philippines

Perhaps the usual impression of an influencer would mean a person that you can tap into or refer to for marketing purposes either to improve sales or help in educating and convincing target consumers or investors for your business. Indeed

Mobile Payments Philippines

Philippines Mobile Payment Providers Go Into Acceleration Mode

Cashless and contactless transactions in the Philippines are definitely on the rise as mobile payment providers have gone into acceleration mode since October. They continue to tap giant retail groups engaged in various industries including neighborhood variety retail stores or

Philippines

Top 5 Fintech Philippines News of the Week (CW 8)

Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week: Follow the Fintech Philippines Facebook or Twitter channel to stay updated. Here we go: Top 10 Digital Trends Impacting Philippines in 2018 and Beyond IDC Philippines announced its