Tagged: lito villanueva

November 22, 2021 @ 9:07 pm By Omar Faridi  |  

Rizal Commercial Banking Corporation (RCBC), which was formed in 1960 as a development bank and is licensed by the Bangko Sentral ng Pilipinas (nation’s central bank) for commercial and investment banking, reveals that its financial inclusion app DiskarTech has reached a five-digit organic growth in… Read More

September 26, 2021 @ 5:23 pm By Omar Faridi  |  

Rizal Commercial Banking Corporation’s (RCBC) financial inclusion app DiskarTech has managed to process gross transaction value of over P11.8 billion (appr. $230M) just a year after its launch (in July 2020). As mentioned in the announcement, this total transaction value includes money transfers performed via… Read More

June 6, 2021 @ 9:36 pm By Omar Faridi  |  

Rizal Commercial Banking Corporation’s (RCBC) in the Philippines has revealed that its financial inclusion super app DiskarTech has been used widely as a disbursement platform for social aid, loans proceeds, dividends, and for making virtual payments. Since the community quarantines began (following the COVID-19 outbreak)… Read More

May 29, 2021 @ 2:30 pm By Omar Faridi  |  

The Fintech Alliance.PH and Fintech Philippines Association (FPH) have launched the Philippines Fintech Industry Sandbox pilot which was first unveiled during the Singapore Fintech Festival 2020. The sandbox pilot is supported by the United Kingdom’s ASEAN Economic Reform Program (ASEAN ERP). It has reportedly been… Read More

January 16, 2021 @ 10:39 pm By Omar Faridi  |  

The Fintech Alliance in the Philippines, which aims to support the nation’s economic and social development goals, has teamed up with 43 other private business organizations in the country in order to express their support for the Corporate Recovery and Tax Incentives for Enterprises (CREATE)… Read More

January 14, 2021 @ 7:33 pm By Omar Faridi  |  

DiskarTech, which is Rizal Commercial Banking Corporation’s (RCBC) digital banking platform, has become the number 1 finance or Fintech app in the Philippines to have launched services in 2020 across distribution platforms in terms of total downloads, according to App Annie (a provider of analytics… Read More

November 29, 2020 @ 7:30 pm By Omar Faridi  |  

​The Monetary Board in the Philippines has reportedly approved the recognition of digital banking platforms as a new bank category that’s separate and distinct from the traditional bank classifications. Regulators in the country have defined digital banks as an institution or entity that provides financial… Read More

August 22, 2017 @ 4:47 pm By Samantha Hurst  |  

PawnHero, Southeast Asia’s first online pawn shop, has reportedly formed a partnership with the fintech arm of PLDT, FINTQ. This news comes just after the platform announced it secured $9.7 million through a financing deal with a Philippine investment bank. According to DealStreetAsia, FINTQ runs… Read More