E-Wallet GCash Records 66 Million Users
Last June, it reported that it reached the ₱500-billion mark in gross transaction value in March alone.
Last June, it reported that it reached the ₱500-billion mark in gross transaction value in March alone.
The General Manager of the AI-powered platform also emphasized that AI in fintech will offer a lot of opportunities in the industry.
The digital bank received the certificate, the third and final stage involved in establishing a digital bank in the country, last July 29.
This will be the eighth season of TFP, will be hosted by John Aguilar, and will focus on an all-tech lineup of startups and entrepreneurs.
UnionDigital is the fourth bank to be granted a digital banking license by the central bank.
The integration will let people buy goods and services throughout the region by just scanning QR codes.
Of 1.4 billion people in the world who remain unbanked, 9.23 million of them are Filipino adults, according to the Global Findex Database 2021 report.
Last year, the volume of merchant payments increased by 43.8 percent, while P2P remittances grew by 268.6 percent.
The incoming Marcos administration is being urged to maximize the current momentum of fintech in the Philippines.
Tala is a digital lender that provides services like quick loans to consumers and business owners, it is registered with the country’s SEC.