Philippines

Philippines, officially the Republic of the Philippines, is an archipelagic country in Southeast Asia. Situated in the western Pacific Ocean, it consists of about 7,641 islands that are broadly categorized under three main geographical divisions from north to south: Luzon, Visayas and Mindanao.

Source: en.wikipedia.org

Philippines Grants Digital Banking License to PayMaya
Philippines Grants Digital Banking License to PayMaya
September 20, 2021  |  Digital Banking

The Bangko Sentral ng Pilipinas, the central bank of the Philippines, has approved a digital banking license for the FinTech PayMaya. The company, an arm...

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Western Union Debuts Money Transfers Through UnionBank App In Philippines
Western Union Debuts Money Transfers Through UnionBank App In Philippines
August 11, 2021  |  Digital Payments

Global money movement and payment company Western Union and financial services provider PERA HUB have integrated Western Union’s digital money transfer tools into the UnionBank...

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Voyager Nabs $167M, Prepares To Launch Digital Bank in Philippines
Voyager Nabs $167M, Prepares To Launch Digital Bank in Philippines
June 28, 2021  |  Digital-First Banking

Philippines’ Voyager Innovations, a payments startup, has raised $167 million in venture funding, according to a news release. The company plans to build up its...

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Y Combinator Gives SMB Digital Banking Platform NextPay $125K Boost
Y Combinator Gives SMB Digital Banking Platform NextPay $125K Boost
March 23, 2021  |  Investments

Philippine FinTech platform NextPay got a financial shot in the arm with $125,000 in pre-seed funding from Silicon Valley startup accelerator Y Combinator (YC), e27.com...

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Bitcoin Daily: Signal Messaging App Testing Crypto Payments; Gemini Adds 20 Tokens To Exchange; SIA, WizKey Partner For Credit Market Based On Blockchain
Bitcoin Daily: Signal Messaging App Testing Crypto Payments; Gemini Adds 20 Tokens To Exchange; SIA,...
January 26, 2021  |  Bitcoin

Signal is exploring the idea of adding cryptocurrency payments into its messaging app by integrating MobileCoin, a cryptocurrency supported by the Stellar blockchain, Platformer reported....

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Philippine Government Considers Digital Bank Limits
Philippine Government Considers Digital Bank Limits
October 08, 2020  |  International

The government of the Philippines is considering limiting the number of digital banks that operate in the country, Bloomberg News reported on Thursday (Oct. 8)....

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Philippines Investigates 57 Potential Participants In Wirecard Scandal
Philippines Investigates 57 Potential Participants In Wirecard Scandal
September 11, 2020  |  Security & Fraud

Fifty-seven local and international “persons of interest” who possibly participated in the Wirecard AG scandal are subjects of a probe by government officials in the...

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Bitcoin Daily: Philippines Central Bank Eyes Issuing Cryptocurrency; Security Firm Ledger Details Data Breach
Bitcoin Daily: Philippines Central Bank Eyes Issuing Cryptocurrency; Security Firm Ledger Details Data Breach
July 29, 2020  |  Bitcoin

The Philippines central bank is now considering creating its own central bank digital currency (CDBC), it said during a virtual meeting, having formed a committee...

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Philippine Wirecard Inquiry Targets Two Bank Employees
Philippine Wirecard Inquiry Targets Two Bank Employees
July 23, 2020  |  Security & Fraud

The Philippines’ Anti-Money Laundering Council said investigators are focusing on two rogue bank employees in the Wirecard AG scandal. The government watchdog discovered the workers...

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