More articles about: digital bank

UnionBank of the Philippines (PSE: UBP) has seen better days on the trading floor. Once a market favorite, the stock soared to more than P110 in 2022 at the height of optimism surrounding its digital banking push and the landmark acquisition of ...

Tyme Group, the parent company of local digital bank GoTyme, has secured a total investment of $250 million (about P14.7 billion) in a Series D funding round. In a news announcement on Tuesday (December 17), the company said the investment was ...

Severe flooding brought by Typhoon Carina, enhanced by the southwest monsoon, has forced several companies and businesses to temporarily shut down operations. These include major financial institutions, which have shortened their operating hours in the aftermath of the typhoon.A total of ...

Rizal Commercial Banking Corporation (RCBC) has partnered with mobile app FastPay to provide more remittance options for Filipinos abroad. The service, however, will be exclusively available to migrant workers in Taiwan. ALSO READThe Most Reliable Banks in the Philippines, According to a ...

Zed, a credit-led financial technology company which has been on a sanctioned pilot for the last six months, has finally secured its license from the Bangko Sentral ng Pilipinas (BSP). This makes the company the first neobank to offer credit cards ...

The Bank of the Philippine Islands (BPI) is strengthening its position as one of the most accessible banks in the Philippines, with a new partnership that will make its services available in retail stores, including shopping malls and supermarkets. BPI has tapped ...

Rizal Commercial Banking Corporation (RCBC) has entered into an alliance with Starlink to expand its digital services available in more rural areas. According to the bank, one-fourth of its more than 6,000-strong network of RCBC ATM Go agents is ...

Financial technology company First Circle has secured P410 million ($7 million) in investment from Washington-headquartered International Finance Corporation (IFC). The capital will allow the fintech to raise funds to expand its loan book for small and medium enterprises (SMEs). For IFC, ...

BayaniPay, a financial technology startup, is looking to increase its processed payments tenfold, from $20 million in 2023 to $200 million within the year. This comes after the company secured an additional $3 million in fresh capital from investors Wavemaker Partners, PTGB, ...

Money remittance and pawning service The Palawan Group of Companies (PGC) has forged a partnership with Pay&Go. The collaboration means that the 24-hour self-service payment service's customers can conveniently cash in their accounts through Pay&Go's more ...

There's nothing surprising about seeing people shifting to digital lending platforms when applying for credit cards is just too much work. (And the chance of getting approved is not so high either.) This is especially true in the Philippines, where most ...

Tycoon Frederick Dy-owned Security Bank Corporation has entered into an alliance with Lazada Philippines, one of the biggest e-commerce platforms in the country, to extend its offerings to online shoppers. Through the partnership, Lazada users can browse and check out ...

Sending money to their families will soon become easier for Filipinos abroad with a new online banking service exclusively for overseas workers. The state-run Land Bank of the Philippines announced the launch of its GoBayani Savings, a digital deposit account that ...