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BROOKLYN, New York, United States-headquartered Tang Group Inc. is seeking a slice of the overseas Filipino remittance market with the launch of its mobile transaction and payments application called “TANGapp,” or receipt in the local language.
THE Bangko Sentral ng Pilipinas (BSP) reported a big jump in PESONet transactions, following the implementation of a multiple batch settlement (MBS) facility for the electronic funds transfer service.
THE Philippines is on the cusp of a “hyper growth course” despite the pandemic and the development of financial technology (fintech) will help fuel this trajectory, a ranking official of payments gateway startup Xendit Philippines Inc. said on Thursday.
Financial technology (fintech) start-up JazzyPay Inc. recently raised additional funds in its bid to boost cashless payments in the Philippines.
After the government decided on implementing new measures on transportation, including the use of contactless solutions for fare transactions, financial technology player GCash has stepped up to collaborate with taxi operators to allow the riding public to pay for their metered fares via their mobile wallets.
As part of its mission to bring the benefits of financial technology to various industries, the Fintech Philippines Association has appointed committees to bring together members from across various industries. Meet the leaders of three of the industry committees: insurance, transportation and real estate.
“Those who disrupt their industries change consumer behavior, alter economics and transform lives.”
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