Bancassurance is a partnership between a bank and an insurer for the latter to sell their insurance products to the former’s customer base. If everything goes according to plan, this kind of arrangement can yield significant revenue potential for both parties. Through a robust bancassurance program, banks will be able to diversify their operation, and […]
Read MoreThe question of whether or not to pay for a new app is dependent on context. If you run an older word processor, you may have to add a couple of new words to the spell check function every few months. But run anti-money laundering (AML) software without updated global sanctions screening functionality and you run the […]
Read MoreMore than 50 million citizens — over half the population — do not use any form of online banking. The average person in the Philippines spends more time on the Internet than any other country in the world. Filipinos are online over 11 hours each day, compared to a global average of just six hours. […]
Read MoreLeading mobile wallet and digital payment solutions provider GCash is extending a new remittance service feature to its more than 40 million active consumers, which will also be accessible to all non-app users. The new feature called ‘GCash Padala’ is a more affordable, faster, and easier way that allows Filipinos without any e-wallet account to […]
Read MoreRemittance is the lifeblood for most small and middle-income families in rural areas. On a micro-level perspective, having cash at hand provides a sense of security amid the easing of lockdowns, travel bans, and physical distancing protocols that disrupted national economic activities. Cebuana Lhuillier widens domestic accessibility of remittance services with TrueMoney Addressing the significant […]
Read MoreThe upgraded account holders of PayMaya can now receive Western Union remittance straight to e-wallet! It is another step further towards their advocacy of cashless financial management. How to receive your Western Union Remittances via PayMaya Families and friends anywhere in the country, or around the world, can simply go to their nearest Western Union […]
Read MoreBridging finance loans are widely unknown and are a rather complex aspect of property finance, however, once it is known and understood, it can be easy to see that the institution has extended a lot of perks when compared to other conventional forms of finance products extended by high street banks and other financial institutions. […]
Read MoreAchieving greater financial inclusion for every Filipino is a lofty dream. Through collaborative partnerships, however, and the introduction of ingenious technology, companies like Fexco Philippines are making inroads toward the realization of that national inspiration. Fexco drives financial inclusion to every part of the Philippines, offers EasyDebit MicroATM system Fexco is a world leader in […]
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