PayMongo CEO and co-founder Francis Plaza shared the news that his company is finally included in the roster of supervised electronic money issuers (EMIs) of the Banko Sentral ng Pilipinas (BSP).
On his social media accounts, the modern bankero updated clients, users, and friends that PayMongo is now recognized by the central bank’s official list.
In a strategic move to boost financial inclusion and innovation, Salmon welcomes Franchette Chingcuanco-Cardona as Chief Marketing Officer, leveraging her extensive experience in fintech and financial services.
OwnBank, following its 2021 digital transformation, reenters the Philippines market with an enhanced mobile banking platform offering one of the highest savings interest rates at up to 8% annually.
Rizal Commercial Banking Corporation provides Overseas Filipino Workers (OFWs) worldwide access to a variety of digital banking services through its recently launched RCBC Pulz app.
Standard Chartered Bank establishes its wholly-owned subsidiary, Standard Chartered Group Services Manila Inc., in the Philippines, citing the country’s youthful workforce and strategic regional location as key factors, with the new entity expected to be fully operational in 2024.
Packworks and 1Sari Financing Corp. have joined forces to provide secure and affordable inventory financing services to over 270,000 unbanked sari-sari stores in the Philippines, offering a starting credit line of P2,500 through an in-app service.
Metropolitan Bank & Trust Co. proudly announces its second consecutive ‘Best Bank of the Year’ accolade from ‘The Banker,’ a prestigious financial publication.
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