Tag: Philippines
Pomelo Integrates US Consumer Credit and International Money Transfers to Enhance Remittances
A Novel Solution for Seamless Financial Transactions from the US to the PhilippinesHighlights: Pomelo combines consumer credit options with money transfer services.The service aims...
BIS readies for live implementation of Project Nexus in Asia
Project Nexus by BIS: Key PointsProject Overview:Initiative by Bank for International Settlements Innovation Hub (BISIH).
Aims to enhance cross-border payments by connecting...
Digital challenger GoTyme Bank acquires salary lender fintech SAVii
Acquisition Announcement: GoTyme Bank, a Filipino digital challenger, has acquired Manila-based lendtech SAVii to enhance its expansion into payroll-enabled financial products.
SAVii Overview:...
Inclusive instant payment system Higala launches in the Philippines
Introduction of Higala: Higala, an inclusive instant payment system (IIPS), has been launched in the Philippines to reduce the cost of real-time payments,...
Empower Finance strikes deal to buy Petal with Cashalo acquisition completed
Acquisition by Empower Finance:Empower Finance, a US-based credit underwriter, has entered into a definitive agreement to acquire Petal, a credit card and...
Country Builders Bank in the Philippines selects Kiya.ai for banking tech upgrade
Country Builders Bank (CBB), a rural bank headquartered in Makati, Philippines, has chosen Indian fintech Kiya.ai to upgrade its banking infrastructure.
CBB will...