digital-banking | ABS-CBN News

PESONet, InstaPay transactions reach P5.37-T in first 7 months

ABS-CBN News
Posted at Sep 15 02:28 PM

The combined value of electronic transfers PESONet and InstaPay reached over P5.37 trillion in the first seven months of the year, BSP data showed. Read more »

Maya launches enterprise solutions unit Maya Business

ABS-CBN News
Posted at Aug 01 01:02 PM

Maya said its new service is an all-in-one growth partner for micro, small, and medium enterprises. Read more »

BDO net income up 12 percent to P23.9 billion in first half of 2022

ABS-CBN News
Posted at Aug 01 11:09 AM

BDO Unibank on Monday said its net income for the first half reached P23.9 billion, up 12 percent compared to the same period last year. Read more »

UnionDigital launched on July 18: UnionBank

ABS-CBN News
Posted at Jul 19 12:24 PM

UnionBank on Tuesday said its wholly-owned subsidiary and digital bank UnionDigital started operations on July 18. Read more »

Gokongwei's GoTyme beefs up cybersecurity ahead of launch

ABS-CBN News
Posted at Jul 19 11:18 AM

The Gokongwei Group's digital bank GoTyme said it adopted the latest cybersecurity tools ahead of its launch. Read more »

UnionBank clarifies launch of digital bank will be in Q3 or Q4

ABS-CBN News
Posted at Jul 01 01:29 PM

A UnionBank official earlier said that UnionDigital would launch this month, but the bank issued a statement on Friday that the launch would be in the third or fourth quarter. Read more »

UnionBank eyes July launch of digital bank UnionDigital

Jessica Fenol, ABS-CBN News
Updated as of Jun 28 02:16 PM

UnionBank on Tuesday said it is eyeing the launch of its digital bank UnionDigital this coming July. Read more »

Public urged to use multi-factor authentication

ABS-CBN News
Posted at Apr 18 12:54 PM

Bangko Sentral ng Pilipinas on Monday urged the public to use available security features and practice cyber hygiene to avoid becoming victims of fraudulent activities. Read more »

UNO Digital Bank partners with Mastercard ahead of launch

ABS-CBN News
Posted at Apr 06 04:12 PM

NO Digital Bank said on Wednesday it partnered with Mastercard ahead of the planned rollout of its digital banking services in the country. Read more »

BPI launches BizKo digital banking platform for MSMEs

Jessica Fenol, ABS-CBN News
Posted at Mar 09 03:31 PM

Bank of the Philippine Islands on Wednesday introduced its digital platform dedicated in helping small enterprises manage their finances. Read more »

PayMaya eyes test launch of Maya Bank late this month

Jessica Fenol, ABS-CBN News
Updated as of Mar 03 07:08 PM

PayMaya's digital bank Maya Bank will begin its test launch later this month, less than 6 months after it secured a digital banking license from the central bank, its president Shailesh Baidwan said Thursday. Read more »

Tonik parent raises $131M in Series B funding led by Mizuho Bank

Jessica Fenol, ABS-CBN News
Posted at Feb 11 01:26 PM

Digital bank Tonik on Friday said its parent Singapore-based Tonik Financial Pte Ltd closed $131 million (P6.7 billion) Series B equity funding led by Japan's Mizuho Bank to boost growth in the Philippines. Read more »

Mas mahigpit na batas vs bank fraud, scam ipinanawagan

ABS-CBN News
Updated as of Jan 19 07:55 PM

Lumalakas ang panawagan ng publiko na maproteksiyunan ang mga gumagamit ng digital banking. Read more »

PLDT's Maya Bank to launch in first quarter of 2022

Jessica Fenol, ABS-CBN News
Updated as of Nov 04 05:30 PM

PayMaya's digital bank called Maya Bank will launch in the first quarter of 2022 after securing its license from the Bangko Sentral ng Pilipinas in September. Read more »

Applicants for 7th digital bank fail to complete requirements: BSP

Warren De Guzman, ABS-CBN News
Posted at Oct 04 10:20 AM

The Bangko Sentral ng Pilipinas said Monday there won't be a 7th digital banking license granted since applicants for the slot failed to submit the complete requirements. Read more »

Ushering the new way of banking

RCBC
Updated as of Sep 08 04:07 PM

With community restrictions still in place, banking institutions are coming up with digital transformations and new ways to do banking. Read more »

Fintech NextPay targets P1 billion annual transactions

ABS-CBN News
Updated as of Aug 30 11:34 AM

Philippine fintech startup NextPay said it aims to grow its transaction volume to over P1 billion annually over the next 2 years. Read more »

BSP reviews 2 digital banks before 3-year application pause

ABS-CBN News
Posted at Aug 23 12:09 PM

The Bangko Sentral ng Pilipinas is reviewing 2 more digital bank applications before closing the window for submissions of new applications by the end of the month, Gov. Benjamin Diokno said Monday. Read more »

BSP to stop accepting digital bank applications Aug. 31

ABS-CBN News
Updated as of Aug 19 05:06 PM

The monetary board will stop accepting applications for digital banks by Aug. 31, the Bangko Sentral ng Pilipinas said Thursday. Read more »

Bangko Sentral says digital banking catalyst for financial inclusion

ABS-CBN News
Posted at Jul 28 02:56 PM

Digital banking is helping the Philippines achieve its financial inclusion goal which is essential to economic growth, the Bangko Sentral ng Pilipinas said Wednesday. Read more »