Category: Fintech

PH central bank to lift digital banking licence moratorium in 2025_11zon
PH central bank to lift digital banking licence moratorium in 2025
Manila, Philippines – The Bangko Sentral ng Pilipinas has recently announced its plans to lift the moratorium on new digital banking licences, allowing up to 10 digital banks to operate across the country. This move is set to begin on January 1, 2025, with the goal of harnessing the benefits of digital...
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Mobile FinTech penetration in PH reaches 63%, highest in Southeast Asia_11zon
Mobile fintech penetration in PH reaches 63%, highest in Southeast Asia
Singapore – With the increased adoption of mobile fintech, a recent report by financial services firm UnaFinancial revealed that the Philippines ranks with the highest penetration rate at 63% in the Southeast Asia region, followed by Malaysia at 55%. Other countries in the region, such as Indonesia,...
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PH’s central bank to bolster cyber integrity, security with launch of cyber resilience plan
PH’s central bank to bolster cyber integrity, security with launch of cyber resilience plan
Manila, Philippines – To combat the growing threats across the landscape, the Bangko Sentral ng Pilipinas has officially announced the implementation of its Financial Services Cyber Resilience Plan (FSCRP). This will be rolled out in phases from 2024 to 2029 to facilitate continuous improvement and adaptation...
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GCash welcomes Jay Belardo as new head of technology and operations GRC_11zon
GCash welcomes Jay Belardo as new head of technology and operations GRC
Manila, Philippines – GCash, a Philippine-based mobile payments service firm, has recently named Jay Belardo as the new head of technology and operations for GRC. Belardo shared this milestone in a recent LinkedIn post, stating his new leadership role at the company. Taking on this position, Belardo...
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WeChat Pay announces end of e-wallet services in Malaysia (1)_11zon
WeChat Pay announces end of e-wallet services in Malaysia
Malaysia – WeChat Pay, a mobile payment and digital wallet service provider, has recently announced that it will no longer accept new registrations for its e-wallet users in Malaysia starting August 1st, 2024. This also includes the discontinuation of its payment services as of September 1, 2024, as...
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BillEase, Xendit to offer convenience, seamless digital payments with QRPh integration_11zon
BillEase, Xendit to offer convenience, seamless digital payments with QRPh integration
Manila, Philippines – Digital finance corporation BillEase has recently announced that it has partnered with online payment gateway Xendit, introducing more convenient ways to pay bills and instalments.  The duo has launched QRPh integration that works exactly through the BillEase app. This solution...
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1_Bank of America appoints Winnie Chen as new head of Asia-Pacific for global payment solutions_11zon
Bank of America appoints Winnie Chen as new head of Asia-Pacific for global payment solutions
Singapore – Bank of America, a multinational investment institution, has recently announced the appointment of Winnie Chen as the new head of Asia Pacific for global payment solutions. As part of her duties, Chen will be responsible for leading the global payments strategy and execution for the region,...
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2.1_ADVANCE
ADVANCE.AI announces enhancements to KYB verification service, streamlines business due diligence in SG, MY
Singapore – Digital identity verification, compliance, and risk management solutions firm ADVANCE.AI has recently announced its newly enhanced business intelligence service, aiming to streamline due diligence in Singapore and Malaysia. The strategic initiative enables the company’s acquired fintech...
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2
Travis Kok on new leadership role at Qashier, accelerating growth in the fintech landscape
Singapore – Qashier, a financial technology startup, has recently announced the promotion of Travis Kok as the new senior vice president for Southeast Asia. This appointment comes shortly after he was appointed as the vice president for marketing and GTM last month. In a recent exclusive interview...
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Global FinTech Institute, ICP Hub Singapore collaborate for enhanced financial technology, Web3 sectors_11zon
Global FinTech Institute, ICP Hub Singapore collaborate for enhanced financial technology, Web3 sectors
Singapore – Aiming to advance the fintech and Web3 sectors, the Global FinTech Institute has recently unveiled a partnership with ICP Hub Singapore. This collaboration was formalised through the signing of a memorandum of understanding, highlighting their shared commitment towards innovation, talent...
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Video Title Here: The Indonesian on-ground activation status

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Video Title Here: The Indonesian on-ground activation status

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos.

Video Title Here: The Indonesian on-ground activation status

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos.