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It’s Time to Get Contactless Transactions in Your Business Strategy

Cash has been king for the longest time now, the means of payments that people are used to. Paper currency transactions is the norm in most countries. However, the “cashless revolution” has been going in a number of countries since 2016 and has started to become a new norm. Data from 2016 shows that the adoption of a cashless […]

Open Banking, APIs, And PSD2 Explained | Treasury Services Innovation | J.P. Morgan

Original Post by JP Morgan, as featured in JP Morgan’s Youtube Channel. Emerging technologies, such as blockchain, API, machine learning, are transforming treasury services. In the following video series, J.P. Morgan innovation leaders demystify these technologies, discuss real-world treasury services use cases, and identify how corporate treasurers can get started experimenting with these technologies today. […]

‘Don’t put money where your mouth is’

Original Post by Komfie Manalo as featured in Daily Tribune  Paper money is unsanitary, and now, more than ever, with COVID-19 inching its way to people’s hands, it is posing a serious public health risk, as it is deemed a potential vector of the virus. This was an example invoked by Genuisto founder and CEO […]

Geniusto Brings Full Digital Banking Services to Camalig Bank

The Camalig Bank, Inc. (A Rural Bank) has partnered with dominant financial technology firm Geniusto Philippines Inc., to bring full digital banking services in Bicol that could be a game-changer in the region’s banking space. Currently, Camalig Bank offers a diverse selection of credit facilities including agricultural, salary, business loans for small and medium enterprises, […]

BSP Gives Banks Until June 2020 to Use Standard QR Codes for e-Payments

Original Post by Melissa Luz Lopez, as featured in CNN Philippines. The Bangko Sentral ng Pilipinas wants banks and other payment platforms to use a uniform design for quick response (QR) codes by next year to make cashless transactions more convenient. Metro Manila (CNN Philippines, October 17) — The Bangko Sentral ng Pilipinas (BSP) has […]
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