Securities and Exchange Commission-registered fintech platform Skyro is broadening its Philippine financial services offering with a customizable cashback program designed to give eligible customers greater flexibility over everyday spending.
The Philippines is set to strengthen its defenses against money laundering, terrorism financing and other illicit financial activities through a regional technical assistance program financed by the Asian Development Bank (ADB).
Cebuana Lhuillier is expanding its technology-enabled services with the rollout of Cash Accepting Machines (CAMS) across its nationwide branch network, giving customers another option for routine financial transactions while retaining access to in-person assistance.
South Asialink Finance Corp. (SAFC), a non-bank financial institution, is expanding its lending presence in Northern Mindanao with four new branches, pushing its nationwide network past 100 locations as it targets rising demand for vehicle, business and property financing.
Skyro is taking its digital lending business beyond the Philippines, securing regulatory approval to offer online moneylending in Malaysia as it targets consumers with limited access to traditional credit.