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September 29, 2023

PayMongo CEO Francis Plaza shares formula for innovation

PayMongo CEO and co-founder Francis Plaza shared his insights on how businesses in the Philippines strive for innovation and continuous improvement.

Posting on his personal Twitter account, the modern bankero wrote: “An open mind and the courage to challenge the status quo are the basic ingredients for every innovation.”

Plaza is currently in Europe to meet up with friends and brainstorm with other entrepreneurs.


BSP disqualifies unregistered money service business

The Bangko Sentral ng Pilipinas (BSP) has disqualified Riyben Foreign Exchange for operating an unregistered money service business, part of BSP’s ongoing efforts to curb unauthorized MSBs, following similar actions taken against six other firms earlier this year.

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