Financial inclusion
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in Sundae ScoopCIMB launches first-ever Pinoy Mavericks Awards, honoring inspiring stories of overcoming adversity
CIMB Bank Philippines, the most awarded digital-only commercial bank in the country, recently launched the first-ever CIMB Pinoy Mavericks Awards, which aims to honor inspiring stories of triumph after travails, while also promoting financial inclusion and social responsibility. More
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in Sundae ScoopPhilippines’ GCash banners success story at Singapore FinTech Festival 2023
The Philippines’ leading financial super app, GCash, brings its financial inclusion and FinTech success story to the global stage at the Singapore FinTech Festival (SFF) 2023 – sharing how it emerged as the country’s only double unicorn while making a positive impact on Filipinos’ daily lives. More
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in Sundae ScoopWhen is the best time to start learning about money?
According to BSP’s 2021 Financial Inclusion Survey, the number of Filipino adults with savings dropped by 25 percent from 38.6 million in 2019 to 28.9 million in 2021—decimated mainly by the pandemic. More
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in Sundae ScoopPayMongo Chief calls for simpler and more convenient digital financial services in accelerating financial inclusion in the Philippines
PayMongo Chief Executive Officer (CEO) Jojo Malolos stressed the importance of knowing your consumers well and identifying the specific needs and circumstances of consumers to achieve financial inclusion, especially here in the Philippines. More
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in Sundae ScoopMocasa makes shopping more convenient with its Pay Later Anywhere feature
The Philippines lags behind its Southeast Asian (SEA) neighbors when it comes to financial inclusion. About 78% of the country remains unbanked and underbanked while the credit card penetration stands at 3% as of 2022. Prolonging this situation are the lack of a solid cashless payment infrastructure as well as insufficient credit data. More
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in Sundae ScoopTop PH FinTech GCash banners financial inclusion story at Mobile World Congress
GCash president and CEO Martha Sazon bannered the top Philippine e-wallet’s financial inclusion story at a keynote speech for the Mobile World Congress (MWC) in Barcelona. More
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in Sundae ScoopGov’t should double down on open finance to hasten financial inclusion goals – ECCP-SCOFFI
The government ought to double down its initiatives on open finance, as it races to achieve its financial inclusion goals this year, according to the European Chamber of Commerce of the Philippines’ (ECCP) Special Committee on Open Finance and Financial Inclusion (SCOFFI). More
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in Sundae ScoopFinancial inclusion and digital transformation: CitySavings and the future of banking
On September 7 to 9, 2022, Union Bank of the Philippines (UnionBank) launched “The Future of Banking is with U”, the 2022 UnionBank Innovation Festival at the UnionBank Innovation Campus in San Pedro, Laguna. The event was hosted in celebration of numerous digital solutions, trends, and innovations in technology and their applications to the lives […] More
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in Sundae ScoopGCash bridges financial inclusion to economic growth through public sector partnerships
To serve the unbanked population, ensure financial inclusion, accelerate innovations, and ultimately achieve economic growth, the fintech sector should strengthen partnership with Local Government Units (LGU) and the public sector. This was one of the main highlights during the second annual “One with the Nation” conference by GCash, the country’s leading mobile wallet. This year’s [...] -
in Sundae ScoopAccelerating MSMEs’ Financial Inclusion and Protection
Sun Life Grepa Financial, Inc. (Sun Life Grepa) recently won the MSME Insurance Initiative of the Year – Philippines at the Insurance Asia Awards 2022. More
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in Sundae ScoopHome Credit empowers Filipinos through financial inclusion
Home Credit, the leading consumer finance company in the Philippines, strengthens its programs to promote financial inclusion and serve the unbanked and underserved Filipinos in line with the Philippine government’s strategy to widen financial inclusion to more Filipinos. More
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in Monday HitsUBX returns to ‘The Final Pitch,’ drives open finance, financial inclusion agenda
UBX, the leading open finance platform in the Philippines, is back on CNN Philippines’ The Final Pitch (TPF) with a stronger drive to promote its mission of empowering startups and smaller players with open finance solutions in pursuit of its goal of including everyone. More
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