A Novel Solution for Seamless Financial Transactions from the US to the Philippines
Highlights: Pomelo combines consumer credit options with money transfer services.The service aims...
Project Nexus by BIS: Key Points
Project Overview:
Initiative by Bank for International Settlements Innovation Hub (BISIH).
Aims to enhance cross-border payments by connecting...
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:...
Introduction of Higala: Higala, an inclusive instant payment system (IIPS), has been launched in the Philippines to reduce the cost of real-time payments,...
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 (CBB), a rural bank headquartered in Makati, Philippines, has chosen Indian fintech Kiya.ai to upgrade its banking infrastructure.
CBB will...
Metropolitan Bank and Trust Company (Metrobank), based in the Philippines, has partnered with Swiss banking solutions vendor Temenos to implement its private wealth...
