Author: PhilSTAR Tech Team

The editorial team of PhilSTAR Tech.

Partnership aims to drive financial inclusion by enabling rural banks and MFIs to offer digital banking services SINGAPORE – Higala Group Inc., an inclusive instant payments platform operator, and Rizal Commercial Banking Corp. (RCBC) have joined forces to operationalize SynerFi, an open payments platform that expands digital financial access to the unserved and underserved sectors in the Philippines. SynerFi was created to help rural banks and microfinance institutions (MFIs) offer their customers digital transactions through InstaPay, bringing banking services directly to their communities and fostering broader financial inclusion. Traditionally, many rural and community banks have been excluded from the digital…

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We spoke to Nate Clarke, President and CEO of GoTyme Bank on their journey to acquire a VASP license from the BSP. It’s a Go for crypto for GoTyme Bank. GoTyme Bank recently made headlines by securing a Virtual Asset Service Provider (VASP) license from the Bangko Sentral ng Pilipinas (BSP). This approval, which is a rarity as the BSP has limited license issuance, signals GoTyme’s commitment to embracing blockchain and crypto innovations. Nate Clarke, President and CEO of GoTyme Bank, shared insights on the bank’s plans to introduce cryptocurrency services and what this means for the Philippine market. Clarke…

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