Finance

Swiftpay Merchants Can Now Let You Pay Later With Billease

Swiftpay has added Billease as a buy now, pay later (BNPL) payment option at online checkout. Merchants already accepting payments through Swiftpay can enable Billease from their existing setup, and it appears as a payment option to shoppers at checkout. Many online merchants ho…

finance

Fintech News PH

JuanPay Adds Western Union Transfers to 1,400 PH Locations

Western Union and JuanPay have partnered to expand access to international money transfer services and remittance across the Philippines, with an initial rollout covering around 1,400 of JuanPay’s roughly 2,000 company-owned and franchise-operated outlets nationwide. The compani…

1 month ago

SEC Approves GCash’s Parent, Mynt IPO, Confirms October 20 PSE Listing Date

The Securities and Exchange Commission (SEC) has approved the initial public offering of Mynt, Inc., the parent company of GCash, for up to PHP 92.32 billion. Mynt becomes the first company to use the Commission’s lower public float requirement for large issuers. At a meeting on…

Building the Future of Borderless Payments

Cross-border payments are expected to reach US$290 trillion by 2030, but moving money across markets is still harder than it should be. Banks, wallets, cards, real-time payment systems, stablecoins and digital asset wallets are all growing. The challenge now is not adding more r…

SEON Partners With Exist Software Labs on Philippine Fraud Prevention

SEON has partnered with Exist Software Labs, a Philippines-based technology and systems integration firm, giving Exist’s banking, fintech, payments and e-commerce clients access to SEON’s fraud prevention, identity verification and AML compliance technology. SEON described the p…

GCash Brings Industry Training to DLSU’s Computer Studies Program

De La Salle University (DLSU) and GCash have launched the NextGen Tech Builders Program, an industry-designed fintech engineering elective bringing real-world technology practices into the university classroom. DLSU undergraduate students will get hands-on experience with the te…

Security Bank, Dr. Bidder Team Up On Healthcare Equipment Financing

Security Bank has partnered with healthcare procurement platform Dr. Bidder to provide financing for medical equipment purchases in the Philippines. Healthcare providers using the Dr. Bidder platform can explore Security Bank’s financing options when investing in new equipment.…

QR Ph Now Accepts Alipay+ Payments From Global Consumers

The Philippine Payments Management, Inc. (PPMI) has connected QR Ph to Alipay+, Ant International‘s unified wallet gateway, letting international consumers pay Filipino merchants using their home e-wallets and banking apps. The integration supports the Bangko Sentral ng Pilipina…

UnionBank to Inject PHP 1 Billion Into CitySavings

UnionBank will inject PHP 1 billion in fresh capital into its thrift banking subsidiary, City Savings Bank, Inc. (CitySavings), to support its growth and ongoing operations, according to BusinessWorld. UnionBank’s board approved the infusion during a meeting on August 28, though…

BSP Proposes Annual Liquidity Tests for Systemically Important Banks

The Bangko Sentral ng Pilipinas (BSP) plans to require domestic systemically important banks to maintain access to its Discount Window Facility (DWF) and test that access every year, according to Philstar. These reforms aim to speed up liquidity support during periods of funding…

PH Bank Deposits Hit PHP 22 Trillion, Growth Nearly Doubles Year-on-Year

The Philippine Deposit Insurance Corporation (PDIC) reported that bank deposits reached PHP 22.04 trillion by end-March 2026, up 9.8% year-on-year, or by PHP 1.97 trillion from PHP 20.1 trillion a year earlier. The growth marks a sharp acceleration from the 5.3% rise recorded a…

SEC New Training Helps Track Down Who Really Owns Shell Companies

The Securities and Exchange Commission (SEC), together with the UN Office on Drugs and Crime (UNODC) and Open Ownership, trained 45 Philippine investigators on using beneficial ownership data to trace assets and identify the people behind complex corporate structures. The traini…

GCash Loan Scam Victims Can Now Get Insurance Payouts

Fuse Financing, GCash‘s lending arm, is adding facial verification to GLoan, a check designed to stop unauthorised loans even when a borrower’s login details have already been compromised. The system asks for a Selfie Scan during higher-risk loan requests, confirming that the pe…

Filipinos Can Now Grow Retirement Savings With a PERA Time Deposit

The Bangko Sentral ng Pilipinas is letting banks offer time deposits as an investment option under the Personal Equity and Retirement Account (PERA) programme, adding a familiar, low-risk product to a lineup that has so far leaned on market-linked instruments. Memorandum No. M-2…

SAFC Customers Get More Ways to Pay Through EastWest Bank

South Asialink Finance Corporation (SAFC) has formalised a partnership with EastWest Bank, giving customers another way to settle payments through EastWest Online or over the counter at 392 of the bank’s branches nationwide. “Our customers require payment options that fit how th…

BPI Wealth Taps Global Tech to Manage Your Investments Better

BPI Wealth, the asset and wealth management arm of the Bank of the Philippine Islands, has selected BlackRock’s Aladdin investment and wealth management platform to strengthen its asset and wealth management capabilities. The move is part of BPI Wealth’s broader push to modernis…

PGA Insurance Customers Can Now Pay Premiums Easily Via PesoPay

AsiaPay has partnered with PGA Insurance to integrate its PesoPay payment gateway into the insurer’s online booking engine, giving policyholders an automated, secure way to pay for insurance purchased through its website or mobile app. Customers can now pay using cards, e-wallet…

GCash’s IPO Pushed to October 20 With HSBC and CLSA Joining the Deal

Mynt, the operator of GCash, has added HSBC and CLSA as international joint bookrunners for its potential PHP 92.32 billion initial public offering, according to InsiderPH. The two banks join Jefferies in that role, while Morgan Stanley, J.P. Morgan and UBS remain joint global c…

Who’s Winning the Digital Bank Deposit War in the Philippines?

The Philippines’ digital banking sector is getting bigger, yet while its deposit base is sound at almost PHP139 billion, it is not spread out evenly across the players. As of December 2025, Maya Bank held PHP 67.7 billion in deposits, accounting for 48.9% of deposits across the…

GCash Partners With Alipay+, Global Blue for Digital Tax Refunds

GCash has launched Digital Tax Refund, a feature that lets outbound Filipino travelers receive eligible tax refunds instantly and directly in Philippine pesos through the app. The service is powered by Alipay+ and Global Blue, GCash’s global tax refund partner. The feature is in…

OwnBank Taps Former GCash Group Risk Executive as New CEO

OwnBank, The Rural Bank of Cavite City, Inc., has named Don Niño Santos as its new President and CEO, according to Asian Banking & Finance. The technology-enabled rural bank said the appointment supports its push to accelerate digital banking growth and expand financial access a…

Landbank, OFBank Register 211,000 Accounts Opened ID-Free

Landbank and Overseas Filipino Bank (OFBank) have recorded 211,000 new accounts opened without a physical ID since the July rollout of their National ID-enabled service, the Philippines News Agency reported. The service uses real-time verification powered by the Philippine Stati…

Samal City Vendors Can Now Accept Cashless Payments

Samal City has launched Paleng-QR Ph Plus at Babak Public Market, bringing cashless payment options to vendors and consumers in the Island Garden City of Samal. Mayor Lemuel Reyes and Vice Mayor Richard Guindolman checked the QR codes posted around the market and tried the syste…

RCBC Waives Fees on US Virtual Account Transfers to the Philippines

RCBC has waived transfer fees on its U.S. Virtual Account, a cross-border banking service under RCBC Pulz that lets Filipinos in the United States send money to the Philippines. The waiver took effect on August 1, according to Executive Vice President and Chief Innovation and In…

Billease Signs PHP 1 Billion Credit Facility With PNB

Billease has signed a PHP 1-billion credit facility with Philippine National Bank (PNB), one of the country’s largest universal banks. The facility uses the Personal Property Security Registry (PPSR) to give PNB a registered first-rank claim over a pool of Billease’s consumer lo…

Webinar: When Account Takeover Moves Past Onboarding

Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentials, phishing and social engineering to get into real customer accounts, then move money, change account details or steal sensitive data. Banks see that pressure…

BSP Funds Rural Banks’ Switch to Modern, Cloud-Based Banking

The Bangko Sentral ng Pilipinas has issued guidelines allowing rural banks to apply for funded technical assistance to move from legacy IT systems to cloud-based core banking platforms. Memorandum No. M-2026-042, signed by BSP Governor Eli Remolona Jr. on 12 August 2026, sets ou…

BPI Waives PESONet Fees for BizLink Corporate Transfers

Bank of the Philippine Islands (BPI) has waived PESONet transfer fees for transactions made through the Pay Non-BPI feature of its BizLink corporate banking platform, according to InsiderPH. The waiver took effect on 1 August and applies to both existing and new BizLink corporat…

Paymentology Powers GoTyme Bank’s Apple Pay Integration in the Philippines

Paymentology, the issuer processor behind GoTyme Bank‘s card infrastructure, has confirmed its role in bringing Apple Pay to the Philippine digital bank’s roughly 10 million customers. GoTyme became the first digital bank in the Philippines to support Apple Pay when the feature…

RCBC Makes Paying Bills Automatic with Direct Debit PH

Rizal Commercial Banking Corp. (RCBC) has become one of the first banks to go live on Direct Debit PH, a recurring payment facility regulated by the Bangko Sentral ng Pilipinas (BSP). The system lets businesses collect recurring payments directly from a customer’s bank account u…