Marcos Admin Urged to Maximize the Opportunity to Expand Fintech
The incoming Marcos administration is being urged to maximize the current momentum of fintech in the Philippines.
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Fintech
Local Fintech and Digital Lender Tala Reveals Plans to Leverage Blockchain and Crypto
Tala is a digital lender that provides services like quick loans to consumers and business owners, it is registered with the country’s SEC.
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UnionBank Warns Clients Against Phishing Scam Text Messages
UnionBank said it will never ask its clients to click on a link asking for private information.
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GCash Hits P500 Billion Gross Transaction Value in March
The fintech firm gives the milestone credits to its fast-growing customer base as the pandemic provided strong tailwinds to fintech firms.
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Duterte Orders Gov’t Agencies To Use Digital Payment Systems
The president noted that the initiative would “promote efficient delivery of services, expedite transactions, boost revenue and reduce the risk of graft and corruption.”
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GCash Blocks 900k Accounts To Fight Online Scams
GCash disclosed that they were working with the National Bureau of Investigation (NBI) and the Philippine National Police (PNP) to make sure that cybercriminals are monitored, caught, and apprehended.
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PayMaya Rebrands to “Maya” After Launching Crypto Offering
PayMaya has announced that it is rebranding from an e-wallet into an “all-in-one money app” called Maya.
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Fintech Startup NextPay Eyes Joining the Crypto Race
Once approved, NextPay also plans on offering cryptocurrency in their platform.
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MarCoPay Launches E-Market Update for Filipino Seafarers
MarCoPay (MCP), an eMoney salary platform for seafarers, is set to launch an e-market update in its app which will expand its list of services as a one-stop shop e-wallet provider.
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Paymaya Achieves 47M Users as Parent Voyager Raises $210M
Voyager stated that new funds acquired will be used to launch Maya Bank services, such as savings and credit, which will be offered seamlessly across PayMaya’s platforms.
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