Fintechnews

Articoli di Fintechnews

Grab Calls ‘Over 230%’ Rider Loan Comparison “Apples to Oranges”

When does a short-term microloan become a 277% annual interest story? That question surfaced this week after a report by Nikkei Asia examined the effective cost

2026/03/05

VinFast and Maybank Partner for EV Battery Financing in the Philippines

VinFast Philippines has signed a Memorandum of Understanding with Maybank Philippines to provide financing for its electric vehicle (EV) battery subscription programme

2026/03/05

BSP Mandates Server-Side Biometrics for High-Risk Banking Transactions

The Bangko Sentral ng Pilipinas (BSP) is directing supervised financial institutions to phase out interceptable authentication methods, such as SMS and email one

2026/03/05

Salmon Bank Secures PHP 400 Million, Reaching PHP 1.6 Billion in Total Equity

Salmon Bank has secured a PHP 400 million (US$6.8 million) capital injection from its parent company, Salmon Group Ltd. Scheduled for completion by the end of March

2026/03/05

Philippines Targets Mid 2027 for Project Nexus Cross Border Payments

Manila Bulletin reported that the Philippines is progressing with its integration into Project Nexus, a multilateral network designed to connect domestic instant

2026/03/04

MariBank Philippines Stays in the Black for Two Years as Assets Hit US$1.16 Billion

At the end of the day, every bank is in it to make a profit. Nobody signs up for the banking game planning to lose money. But if you’ve been watching the digital

2026/03/04

BSP Raises Cash Withdrawal Limit to PHP 1 Million from Previous PHP 500,000

The Bangko Sentral ng Pilipinas (BSP) has officially increased the cash withdrawal limit in the Philippines, which prompts enhanced due diligence (EDD). Under Circular

2026/03/04

Igloo Names Ramjit Lahiri As Country Head to Lead the Philippines Expansion

Regional insurtech firm Igloo is expanding its embedded insurance business in the Philippines to address the country’s low 1.9% insurance penetration rate, as per

2026/03/04

GCash and Careem Pay Launch Direct UAE to Philippines Remittances

Philippine digital wallet provider GCash has established a partnership with Careem Pay to facilitate cross-border remittances for Filipino expatriates residing

2026/03/03

New Sukuk Guidelines Introduced to Boost Philippine Islamic Finance

The Philippine Securities and Exchange Commission (SEC) has introduced a regulatory guidelines governing Sukuk issuances to expand the domestic Islamic capital

2026/03/02