Philippines

Philippines, officially the Republic of the Philippines, is an archipelagic country in Southeast Asia. Situated in the western Pacific Ocean, it consists of about 7,641 islands that are broadly categorized under three main geographical divisions from north to south: Luzon, Visayas and Mindanao.

(source: en.wikipedia.org)

Y Combinator Gives SMB Digital Banking Platform NextPay $125K Boost
Y Combinator Gives SMB Digital Banking Platform NextPay $125K Boost
March 23, 2021  |  Investments

Philippine FinTech platform NextPay got a financial shot in the arm with $125,000 in pre-seed funding from Silicon Valley startup accelerator Y Combinator (YC), e27.com...

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Bitcoin Daily: Signal Messaging App Testing Crypto Payments; Gemini Adds 20 Tokens To Exchange; SIA, WizKey Partner For Credit Market Based On Blockchain
Bitcoin Daily: Signal Messaging App Testing Crypto Payments; Gemini Adds 20 Tokens To Exchange; SIA,...
January 26, 2021  |  Bitcoin

Signal is exploring the idea of adding cryptocurrency payments into its messaging app by integrating MobileCoin, a cryptocurrency supported by the Stellar blockchain, Platformer reported....

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Philippine Government Considers Digital Bank Limits
Philippine Government Considers Digital Bank Limits
October 08, 2020  |  International

The government of the Philippines is considering limiting the number of digital banks that operate in the country, Bloomberg News reported on Thursday (Oct. 8)....

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Philippines Investigates 57 Potential Participants In Wirecard Scandal
Philippines Investigates 57 Potential Participants In Wirecard Scandal
September 11, 2020  |  Security & Fraud

Fifty-seven local and international “persons of interest” who possibly participated in the Wirecard AG scandal are subjects of a probe by government officials in the...

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Bitcoin Daily: Philippines Central Bank Eyes Issuing Cryptocurrency; Security Firm Ledger Details Data Breach
Bitcoin Daily: Philippines Central Bank Eyes Issuing Cryptocurrency; Security Firm Ledger Details Data Breach
July 29, 2020  |  Bitcoin

The Philippines central bank is now considering creating its own central bank digital currency (CDBC), it said during a virtual meeting, having formed a committee...

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Philippine Wirecard Inquiry Targets Two Bank Employees
Philippine Wirecard Inquiry Targets Two Bank Employees
July 23, 2020  |  Security & Fraud

The Philippines’ Anti-Money Laundering Council said investigators are focusing on two rogue bank employees in the Wirecard AG scandal. The government watchdog discovered the workers...

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Western Union Teams With TrueMoney To Enable Money Transfers To Philippines
Western Union Teams With TrueMoney To Enable Money Transfers To Philippines
July 21, 2020  |  International

Western Union has signed a deal with TrueMoney, a Philippines financial services provider, the global cross-currency money mover and payments company announced on Tuesday (July 21). Terms of...

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Wirecard Says Payouts To Merchants Will Continue Uninterrupted
Wirecard Says Payouts To Merchants Will Continue Uninterrupted
June 28, 2020  |  Digital Payments

Wirecard AG, the disgraced German payments provider that filed for insolvency last week over a $2.1 billion accounting scandal, told customers it’s business as usual...

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EY Says Wirecard Gave False Statements During 2019 Audit
EY Says Wirecard Gave False Statements During 2019 Audit
June 26, 2020  |  Security & Fraud

According to auditor Ernst & Young (EY), German payment processor Wirecard knowingly gave false statements and was in the midst of “elaborate and sophisticated fraud...

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