Newsletter: RCBC, GCash partner to bring financially inclusive loans to more Filipinos

[THIS IS A PRESS RELEASE]

(L-R) Fuse Lending business development manager Melissa Mabutas, RCBC executive vice president and chief innovations and inclusion officer Lito Villanueva, Fuse Lending Inc. president and CEO Tony Isidro and RCBC vice president and loans business division head Mellrose Pesigan

Premier digital challenger bank Rizal Commercial Banking Corporation (RCBC) and number one finance super app GCash are joining forces to make loans more accessible and financially inclusive to Filipinos in low-income, rural, and remote areas. The two financial behemoths are collaborating to reach the highest number of Filipinos who cannot access fair lending terms due to traditional financial credit scoring methods.

Newsletter: GCash partners with Ria Money Transfer to provide seamless international remittance services for Filipinos

[THIS IS A PRESS RELEASE]

(L-R) GCash International general manager Paul Albano, Ria Money Transfer regional director of business development Steve Peregrino and business development manager Eileen Roque

GCash, the Philippines' leading finance app and largest cashless ecosystem, has partnered with Ria Money Transfer (Ria), global leader in the cross-border money transfer industry and business segment of Euronet Worldwide, Inc. (NASDAQ: EEFT), to make sending money home more seamless, convenient, and affordable for Filipinos around the world.

Newsletter: Bitwyre to Launch Indonesia’s First Crypto SuperApp Following PFAK License Approval by Bappebti

[THIS IS A PRESS RELEASE]

Bitwyre is proud to announce its approval as a Licensed Crypto Asset Physical Trader (PFAK) by Indonesian Commodity Futures Trading Regulatory Agency (Bappebti). This milestone solidifies Bitwyre’s position as a trailblazer in Indonesia’s crypto ecosystem, paving the way for its vision to become the nation’s premier crypto SuperApp and a hub for stablecoin and derivatives trading. 

Newsletter: GCash AI-powered lending services break barriers, provide innovative loan options for unbanked, underserved Filipinos

[THIS IS A PRESS RELEASE]

GCash harnesses AI capabilities to expand credit access for Filipinos

As generative Artificial Intelligence (AI) becomes more integrated into work and society, the Philippines' leading finance app and largest cashless ecosystem, GCash, is using the technology for good. Through its lending arm, Fuse, GCash is creating opportunities for Filipinos to access financial services by breaking down barriers of traditional lending systems. Now, with the power of AI, GCash is making it even easier by enhancing credit scoring and collections, ensuring more Filipinos can achieve their financial goals.

Newsletter: Xpress’ RXP Program: Empowering Riders, Creating Jobs, and Building Financial Freedom

[THIS IS A PRESS RELEASE]

In a bid to foster economic empowerment and job creation, Xpress is proud to announce the significant impact of its innovative RXP (Rider Xpress Program) initiative. Designed to provide aspiring moto taxi riders with the opportunity to own their motorcycles, the RXP program is transforming lives and paving the way for financial freedom.

Newsletter: Atome Financial Secures Up to US$200M Syndicated Facility to Support Financial Inclusion in Southeast Asia

[THIS IS A PRESS RELEASE]

Southeast Asia’s leading digital financial services platform, Atome Financial has secured a syndicated credit facility of up to US$200 million, which is being led and arranged by Hongkong and Shanghai Banking Corporation Limited (HSBC). 

Newsletter: Atty. Gino Jacinto: Leading Digital Transformation in Philippine Law and Finance

[THIS IS A PRESS RELEASE]

Atty. Gino Jacinto leads digital transformation in Philippine law, advocating for electronic signatures and AML screening to boost efficiency and compliance.

Newsletter: SEA 2023: Cybercriminals clog business networks with financial phishing

[THIS IS A PRESS RELEASE]

In 2023, Kaspersky anti-phishing technologies detected nearly 500,000 attempts to follow a phishing link on businesses’ devices in Southeast Asia (SEA). Interestingly, this number only refers to phishing links related to finance matters – e-commerce, banking, and payment systems.

Newsletter: Xendit payments infra bridges gaps in digital economy

[THIS IS A PRESS RELEASE]

Unicorn startup Xendit took the stage at a fintech summit to lead the dialogue on how the Philippine finance industry can accelerate the digital economy—and fast, through building payments infrastructure.

Newsletter: Kaspersky: Securing digital wallets is a shared responsibility

Author's Note: The following below is a statement released by Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky following the recent cyberattacks on one of the country's digital wallet platforms recently.

The recent multi-million incident involving a top digital wallet provider in the Philippines shows two things: (1) that cybercriminals continue to target fintech institutions and (2) that securing these convenient technologies is really a shared responsibility.

Newsletter: Kaspersky blocks close to 1M financial phishing attacks eyeing SEA businesses last year

[THIS IS A PRESS RELEASE]

Phishing is one of the most prevalent forms of cybercrime due to the minimal effort required and the fact that it really works. 

Newsletter: PLDT, CWallet team up, providing financial services access to Filipinos in Qatar

02/11/2022 5:54:00 PM

Author's Note: In line with helping our fellow kababayans overseas, PLDT's global arm teamed up with Cwallet to help Filipinos based in Qatar and the rest of Middle East access to financial services. More of the story in the press release below.

Coins.ph launches Coins Movement

12/04/2021 09:58:25 AM

Coins.ph has recently launched a campaign that encourages financial empowerment by moving forward into the future of money.

Coins.ph makes cash in services available on sari-sari stores through TrueMoney

10/24/2021 09:05:54 PM

Coins.ph is making Cash In available in practically every corner of the Philippines with its new partnership with leading payments and remittance network TrueMoney. 

Kaspersky expert says 2019 witnessed the start of banking Trojan outbreak in APAC

10/23/2021 5:03:00PM

Kaspersky has discovered that a banking-related Trojan outbreak has almost coincided with the start of the on-going novel Coronavirus pandemic, a sudden health plague that totally-changed the landscape of the world today. 

Nearly 2 in 10 in APAC embrace digital payments —Kaspersky study

10/16/202112:45:34 AM

Is cash still the king in Asia Pacific? According to Kaspersky, it still is. 

COINS.ph reopens instant cash-ins via 7-Eleven

09/11/2021 01:58:49 PM

COINS.ph returns its instant cash-in function on 7-Eleven branches.

BPI-Philam announces job openings

08/08/2021 10:59:42 AM

BPI-Philam has opened over 700 posts to curb the unemployment struggles of Filipinos amidst the COVID-19 pandemic.

Newsletter: BPI-Philam encourages protection for OFWs against the global rise of COVID-19 variants

07/02/2021 07:59:27 AM

Author's Note: As COVID-19 cases still rise across the globe, bancassurance leader BPI-Philam is calling overseas Filipino workers to take care of their hard-earned savings which may become a primary tool during these emergency times. 

Read more in the press release below. 

*****

Kaspersky advises local finance sector to improve threat intelligence

05/16/2021 01:40:45 PM

As digital money transactions soaring high during this ongoing pandemic period, the financial sectors need to take a critical look at their integrated security and improve their threat intelligence capabilities.

Cybersecurity company Kaspersky told the statement in their recent press release.

“For the large majority of cybercriminals, easy money is the prime motivator. And the financial sector is uniquely positioned to be a target of attacks regardless of season because it’s always where the money is. The growth of digital financial services in the Philippines, like in other parts of the region, is creating new and heightened risks for both service users and service providers. In this case, technology will be the game-changer,” said Yeo Siang Tiong, General Manager for Southeast Asia, Kaspersky.