Seamless PH 2020 Recap: Panel – Innovative Payments Technology
Seamless put together a panel of thought leaders and entrepreneurs in fintech who are building and advocating for the future of payments in their respective sectors.
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Fintech
NBI, GCash Charge 3 Suspects with Cybercrime, Estafa
The 3 suspects pretended to be Gcash, Grab, Lalamove, or Mr. Speedy employees. They convinced their victims that their accounts were compromised and offered to help them in fixing their accounts.
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Gcash to Power Cashless Payments in Taxis
Gcash said the initiative is in support of the government’s implementation of more stringent health and safety measures amid the more lenient community quarantine in certain areas in the Philippines.
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Utilities [Meralco, PLDT, Globe, etc] Installment or Extension of Payments Due to COVID-19
Here are the advisories related to payment of utility bills during ECQ, GCQ, and MECQ in the Philippines.
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Gcash: Fintech Will Drive New Normal as Cash May Pose Health Risks
Digital payments will become the “bedrock” of digital services as the need to limit social interaction and reduce contact from common surfaces like paper money become a necessity, said Gcash in a statement.
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Paymaya User Registrations Doubled During Pandemic
Paymaya said it is hoping that the momentum driving cashless payments during the pandemic will ultimately translate to profitability.
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Bank Lending Continues to Grow in March 2020
Outstanding loans of banks, net of reverse repurchase placements with the Bangko Sentral ng Pilipinas (BSP), grew by 12.9% in March 2020.
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Digital Banking Grows During ECQ
The enhanced community quarantine (ECQ) has triggered the increase in the number of people using digital banking in the Philippines.
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BSP Pushes for E-Payments Amid Lockdown and COVID-19 Pandemic
BSP said individuals and businesses can leverage both systems when paying or accepting payments.
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Fintech Company Encash maintains ATM operations amid Pandemic
As the health efforts during the COVID-19 crisis continue to steer the way we live, the necessity of acquiring and moving cash has never been higher.
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