Philippine Digital Bank
Philippine banks need to update strategies for competitive advantage
Philippine banks need to update strategies for competitive advantage
Less than 10% of revenue is allocated to information technology.
Mizuho Bank to invest $61m in Philippine digital bank operator Tonik Financial
The bank hopes to cash in on the Philippines growing digital finance sector.
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1. Hong Kong, China launch Payment Connect for faster cross-border payments 2. Metrobank names Renato De Borja, Jr. as head of financial & control sector 3. Japan’s SMBC invests in biotechnology fund 4. PBCOM appoints new treasury trading team head 5. HSBC GPB appoints Ann Ling as APAC head of wealth planning and advisoryResource Center
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Fintech solutions must be tailored to keep pace with evolving customer needs – Kearney’s Kevin Kwek
He emphasised that balancing innovation with sustainability is now key to fintech’s growth trajectory.