Tuesday, 24 June 2025
27 Feb 2025
3:36PM
Maya hits profitability, issues 125K credit cards in six months
Maya said it is one of the few digital banks in the Philippines to achieve profitability, supported by its integrated ecosystem of payments and digital banking solutions.
18 Feb 2025
3:28PM
BPI’s BanKo earns special citation for digital financial inclusion efforts
BPI Direct BanKo Inc. (BanKo), the microfinance arm of the Bank of the Philippine Islands (BPI), received a special citation for its pioneering digitalization efforts at the 3rd Digital Financial Inclusion Awards (DFIA).
10 Feb 2025
5:24PM
BDO unveils new online banking website with stronger security and smarter features
The upgraded website is expected to go live in the coming weeks, providing a seamless and secure banking experience across devices.
10 Feb 2025
2:15PM
BancNet handled over 2 billion transactions in 2024, up 41% from previous year
The company reported that fund transfers and payments through InstaPay dominated transaction volume last year, reflecting consumers’ continued preference for digital payments, a trend accelerated by the COVID-19 pandemic.
18 Dec 2024
2:42PM
GoTyme hits 5M users milestone—the next goal: 9M by 2025
GoTyme Bank, venture between the Gokongwei Group and Tyme Group, achieved a milestone of five million users, redefining digital banking in the Philippines with its seamless, customer-focused approach.
17 Dec 2024
11:02AM
Gokongwei’s GoTyme to accelerate growth after backer wins major investment
GoTyme Bank Philippines, a venture with Gokongwei-led conglomerate JG Summit Holdings, is set to accelerate its growth and roll out advanced lending solutions following Nubank’s $150-million investment in its parent company, Tyme Group.
12 Nov 2024
11:15AM
Maya digital bank breaches 50,000 issued Landers credit cards in three months
The Landers Cashback Everywhere card is targeted at younger Filipinos, with millennials making up over half of the cardholders. Additionally, Gen Z clients account for 15 of percent the base, a significant portion given their general lack of credit history. Maya also reported that 61 percent of cardholders reside outside Metro Manila, and 42 percent were previously unbanked.
29 Aug 2024
1:24PM
Filipinos download lending, digital bank apps amid high inflation, interest rates
Interest in digital lending and digital banks spiked higher during the first half of 2024 as consumers turned to debt options amid elevated inflation, data from consumer credit service Digido showed.
13 Aug 2024
3:18PM
PLDT-backed Maya cuts losses to P700M, eyes gadget loans with SMART
By: Miguel R. Camus
Maya Innovations, the PLDT Group’s mobile payments and digital bank super app, cut losses by 41 percent as it turned cash positive during the second quarter of the year.
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