⭐️Fintech 101

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CryptoBilis presents ‘Bitcoin Pizza Day 2024’ in collaboration with...

An event to bring to-gather all fragmented cryptocurrency communities in the Philippines under one roof.

Olympus acceleration platform opens global launchpad for Filipino Web3...

The DFINITY Foundation (DFINITY), a Swiss not-for-profit research and development organization and key contributor to the Internet Computer Protocol (ICP) blockchain, has announced the launch of the Olympus, the first decentralized, on-chain global acceleration platform. 

Parallel TCG Planetfall, A Week After Its Release

The long-awaited expansion to the hit web3 space sci-fi TCG (Trading Card Game), Parallel, Planetfall has launched May 1 and it has been a week since it hit the virtual shelves. Let's see how it has fared on its first week from the perspective of the Parallel TCG players themselves.

Coins.ph’s PHPC Stablecoin Receives BSP Approval, a Game-Changer for...

In a groundbreaking development for the digital asset and fintech industry of the Philippines, Coins.ph, the leading cryptocurrency exchange in the country, announced it...

Illuvium launches Beta 4 with a $25M USD Airdrop...

Illuvium launches their Beta 4 with a $25M USD Airdrop Campaign

Coins.ph, XD Academy Team Up to Bring Global Bitcoin...

In a significant move to raise the bar for crypto education in the Philippines and widen access to innovative web3 learning tools, Coins.ph, the leading crypto exchange in the country, has joined forces with XD Academy, a global pioneer in web3 and cryptocurrency learning and certification.

Financial technology or Fintech refers to mobile applications, software and other technological innovations being employed and developed to help consumers, companies, businesses, and organizations to do their financial transactions faster and more convenient.

Some examples of Fintech are mobile payment apps, online banking, digital exchanges or trading platforms, e-wallets, credit services, blockchain technologies, and cryptocurrencies.

Many companies have developed their own, or tapped specialized Fintech tailored to their needs to make their operations more efficient and lower costs.

Among the key features of Fintech are convenience, inclusion, automation, streamlining, and speed that greatly reduces paperwork, and human intervention and error.

Fintech is widely considered to have emerged with the invention of credit cards in the 1950s that eliminated the need for customers to carry cash or make withdrawals first from banks before making purchases.

The expansion of the internet and the invention of the World Wide Web in the 1990s accelerated the innovations in Fintech. In recent years, artificial intelligence or AI have been increasingly used in Fintech.

With Fintech, consumers pay bills, transfer funds, load their e-wallets, trade in stocks or cryptocurrencies, and do other transactions from their mobile devices.

Fintech in the Philippines is also growing with the Bangko Sentral ng Pilipinas allowing six digital banks so far to operate. They are GOtyme of Robinsons Bank Corp., Maya Bank of Maya, Overseas Filipino Bank, Tonik Bank of Singapore, UNObank of Singapore, and UnionDigital of the Union Bank of the Philippines.

The BSP is aiming to 70 percent of Filipinos into the formal banking system and have 50 percent of transactions done online by next year.

The BSP Gov. Benjamin Diokno said the Philippines could still achieve a digital payments-driven and cashless society in 10 years.### 

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CryptoBilis presents ‘Bitcoin Pizza Day 2024’ in collaboration with Satoshi Labs...

An event to bring to-gather all fragmented cryptocurrency communities in the Philippines under one roof.

Olympus acceleration platform opens global launchpad for Filipino Web3 startups 

The DFINITY Foundation (DFINITY), a Swiss not-for-profit research and development organization and key contributor to the Internet Computer Protocol (ICP) blockchain, has announced the launch of the Olympus, the first decentralized, on-chain global acceleration platform. 

Parallel TCG Planetfall, A Week After Its Release

The long-awaited expansion to the hit web3 space sci-fi TCG (Trading Card Game), Parallel, Planetfall has launched May 1 and it has been a week since it hit the virtual shelves. Let's see how it has fared on its first week from the perspective of the Parallel TCG players themselves.

Illuvium launches Beta 4 with a $25M USD Airdrop Campaign

Illuvium launches their Beta 4 with a $25M USD Airdrop Campaign

Coins.ph, XD Academy Team Up to Bring Global Bitcoin Course to...

In a significant move to raise the bar for crypto education in the Philippines and widen access to innovative web3 learning tools, Coins.ph, the leading crypto exchange in the country, has joined forces with XD Academy, a global pioneer in web3 and cryptocurrency learning and certification.