Fintech Transactions Expected to Double in 2022
The 2019 Genomre Report cited that the Philippines’ fintech market is projected to reach $10.5 billion by 2022.
The 2019 Genomre Report cited that the Philippines’ fintech market is projected to reach $10.5 billion by 2022.
A robust payment solution is important for financial inclusion, and many fintech firms are providing ways to tackle that specifically. However, it is time that fintech firms focus on the supply chain for the benefit of micro, small, and medium enterprises, said a Bangko Sentral ng Pilipinas (BSP) officer.
In a statement, TONIK CEO Greg Krasnov said digital-only banks globally have successfully demonstrated an ability to immediately gain massive market share through compelling consumer propositions while operating at lower costs.
The program is in line with ING’s current efforts to leverage technology to become more client-focused and sustainable.
What is E-Money? What are its Features? Who are the EMI Licensees in the Philippines? Check out this article to learn more.
To achieve full financial inclusion, digital technology and private and public cooperation is necessary. This is the key theme at the 3rd annual Asia Finance Forum in Pasig organized by Asia Development Bank (ADB) this week.
In a speech during the Finance Executives Breakfast Roundtable at the Grand Hyatt Hotel BGC, Sec. Diokno emphasizes the 3 principles that shape how the BSP regulates fintech.
The Department of Trade and Industry (DTI) has made renewing business names more easier by partnering with e-payment platforms so that proprietors can renew their business registration online.
The impact of technology turns to be far-reaching and wide. Facing the ethical potentials of technology, the Bangko Sentral ng Pilipinas (BSP) and the Securities and Exchange Commission (SEC) are crafting policy to regulate online lending firms.
The cryptocurrency and blockchain industry in the Philippines continue to grow along with the rest of the country’s FinTech community.