BSP Center for Learning and Inclusion Advocacy managing director Pia Bernadette Roman-Tayag said fintechs are helping people in their everyday lives, there is a need to “look past the hype and constantly discern whether they have the real potential to solve financial inclusion problems and the real pain points that lead to inclusion.”
Financial technology startup PearlPay has signed a strategic partnership with the Association of Pangasinan Rural Banks (APRUB) as part of its push to enable financial institutions to be more commercially competitive through digital transformation.
The Philippine fintech industry is currently growing at an unprecedented pace with another local player, Zybi Tech, launching on Monday, July 22, its own digital products JuanCash and JuanExchange
Cashalo has also partnered with Cebu Pacific for its air ticketing project, which aims to serve Filipinos who do not own a credit card. With this service it would be possible to purchase a ticket and pay for it later on installment.
Over 400 harassment complaints from customers were reported to the National Privacy Commission (NPC), who said online lending apps misused the borrower?s information, including the disclosure of unpaid balances to other people.
As long as we address the inherent challenges of crypto in and through our solutions, we can make a mark on the global industry comfortably from our seat in Cagayan?s newly christened Crypto Valley of Asia.
