Filipino

Alipay+ Enables Digital Payment of 14 Overseas E-wallets from 9 Countries and Regions in Hong Kong to Support City’s Global Travel Drive

Retrieved on: 
Friday, April 26, 2024

Similar to Alipay (Chinese mainland), these newly enabled wallets are now accepted at over 90% of the local outlets in Hong Kong.

Key Points: 
  • Similar to Alipay (Chinese mainland), these newly enabled wallets are now accepted at over 90% of the local outlets in Hong Kong.
  • This represents the largest number of international payment apps introduced to the city’s offline commercial network through cross-border cooperation at a single time.
  • Since 2023, Hong Kong has seen a continued growth of inbound travelers following the launch of global campaigns by the Hong Kong Tourism Board (HKTB) to welcome visitors from all around the world.
  • As the city's tourism promotion organization, the Hong Kong Tourism Board attracts visitors to Hong Kong through various global promotions and marketing initiatives.

Resecurity Introduces Digital Identity Protection Solution to Safeguard Consumers in the Philippines

Retrieved on: 
Saturday, April 20, 2024

Resecurity (USA), a global cybersecurity solutions provider protecting major Fortune 100 corporations and government agencies worldwide, proudly unveils its latest consumer protection offering tailored for the Filipino market: Identity Protection solution.

Key Points: 
  • Resecurity (USA), a global cybersecurity solutions provider protecting major Fortune 100 corporations and government agencies worldwide, proudly unveils its latest consumer protection offering tailored for the Filipino market: Identity Protection solution.
  • Our mission at Resecurity is to empower individuals with the tools and resources to safeguard their digital identities and protect against evolving threats.
  • Resecurity's Identity Protection services are now available in the Philippines, offering individuals and businesses proactive protection against cyber threats.
  • To learn more about Resecurity's Identity Protection services and how to safeguard your digital identity, visit https://www.resecurity.com/idp .

Dave & Buster’s International Cements Its Presence in the APAC Region

Retrieved on: 
Tuesday, April 16, 2024

Dave & Buster's Entertainment, Inc., the ultimate destination for food, drink and entertainment is delighted to announce its latest franchise agreement furthering the brands development in APAC.

Key Points: 
  • Dave & Buster's Entertainment, Inc., the ultimate destination for food, drink and entertainment is delighted to announce its latest franchise agreement furthering the brands development in APAC.
  • Dave & Buster’s has finalized a deal to open five new stores in the Philippines, raising the international development store count to 38.
  • Dave & Buster's is also excited to offer localized entertainment and late-night programming for customers and introduce immersive experiences to enhance customer engagement in the competitive socializing space.
  • With these initiatives, Dave & Buster's is confident they will provide an exceptional experience to their global customers.

Closing The Financial Access Gap: Top Fintech Players Leap Further Towards Financial Inclusion With an Industry-Leading Partnership

Retrieved on: 
Wednesday, April 24, 2024

SANTA MONICA, Calif., April 24, 2024 /PRNewswire-PRWeb/ -- Tala, the world's first fintech company for the Global Majority, this week announced its partnership with Maya Bank, the digital bank leader in the Philippines, marking a significant milestone towards bridging the financial gap for millions of Filipinos. This collaboration represents a groundbreaking initiative in the country and the broader Southeast Asian market to channel an unprecedented amount of $48.5 million through independent digital platforms to ensure millions more Filipinos have access to credit.

Key Points: 
  • By serving nearly 9 million customers across three continents, Tala has unlocked the key to economic power for the world's underbanked—credit.
  • This partnership is set to significantly expand the availability of financial solutions for Filipinos, leveraging the latest digital and mobile technologies.
  • Our joint effort is a significant step towards closing the financial access gap, ensuring we meet the everyday financial needs of our customers in this digital age."
  • This is just the beginning of a journey of serving billions more; 52% of the world's population—almost 4 billion people – still face the financial access gap.

Pomelo Announces $35M Series A, Additional $75M Warehouse, Expanding Its Credit-Building Remittance Product

Retrieved on: 
Monday, April 22, 2024

This accolade recognizes Pomelo for advancing a $650b global remittance industry by empowering customers to build credit with their remittance funds and obligations for the first time.

Key Points: 
  • This accolade recognizes Pomelo for advancing a $650b global remittance industry by empowering customers to build credit with their remittance funds and obligations for the first time.
  • "Pomelo stands out through a fundamentally different approach to remittance transfer by using credit as its foundation," said Rabois.
  • Pomelo launched in 2022 with the Philippines as its first corridor and has since added new payment options that enhance the product experience for its customers.
  • "Stories like Danette's show that there's a human story behind every transfer," said Eric Velasquez Frenkiel, founder and CEO of Pomelo.

Alipay+ Connects 2 Million Merchants in Japan as Global Tourists Travel to the Country for Cherry Blossom Season

Retrieved on: 
Thursday, March 28, 2024

Powered by Alipay+, transaction volume made by e-wallets and bank apps in Japan jumped over 200% in the first three weeks of March, compared with the same period in 2023.

Key Points: 
  • Powered by Alipay+, transaction volume made by e-wallets and bank apps in Japan jumped over 200% in the first three weeks of March, compared with the same period in 2023.
  • “By working with these partners, Alipay+ provides global tourists with a seamless digital payment experience that is the same as in their own markets.
  • PayPay, a leading cashless payment service and partner of Alipay+ in Japan, supports the merchants, facilitating seamless transactions for both locals and tourists alike.
  • Our partnership with Alipay+ has seen transactions surge sixfold this year, specifically in Japan, a true testament to our dedication to innovative payment solutions.

Regional areas and key sectors, bright spots for SM's continued growth

Retrieved on: 
Monday, March 25, 2024

SM will continue to concentrate its efforts on identifying opportunities in various regional markets for its core businesses and portfolio investments.

Key Points: 
  • SM will continue to concentrate its efforts on identifying opportunities in various regional markets for its core businesses and portfolio investments.
  • Recognizing the potential for growth outside the National Capital Region, the conglomerate aims to stimulate local economies and contribute to the development of many underserved regions in the country.
  • "We view the regions as a bright spot for growth with the diverse products and services that we offer to consumers.
  • Airspeed is taking strategic steps to position its Cebu warehouse as a central point for its future growth.

Regional areas and key sectors, bright spots for SM's continued growth

Retrieved on: 
Monday, March 25, 2024

SM will continue to concentrate its efforts on identifying opportunities in various regional markets for its core businesses and portfolio investments.

Key Points: 
  • SM will continue to concentrate its efforts on identifying opportunities in various regional markets for its core businesses and portfolio investments.
  • Recognizing the potential for growth outside the National Capital Region, the conglomerate aims to stimulate local economies and contribute to the development of many underserved regions in the country.
  • "We view the regions as a bright spot for growth with the diverse products and services that we offer to consumers.
  • Airspeed is taking strategic steps to position its Cebu warehouse as a central point for its future growth.

Philippines Department of Tourism Partners with the Global Wellness Institute to Explore Country's Thriving $41B Wellness Economy

Retrieved on: 
Tuesday, February 27, 2024

MIAMI, Feb. 27, 2024 /PRNewswire-PRWeb/ -- The Global Wellness Institute (GWI), the leading nonprofit dedicated to research and education in the global wellness industry, today announced the addition of the Philippines to its expanding Geography of Wellness platform through a strategic collaboration with the Philippines Department of Tourism (DOT). This partnership aims to explore the unique wellness landscape of the growing wellness economy in the Philippines.

Key Points: 
  • This partnership aims to explore the unique wellness landscape of the growing wellness economy in the Philippines.
  • The new GWI data reveals a thriving wellness economy in the Philippines, valued at $41 billion in 2022.
  • The new GWI data reveals a thriving wellness economy in the Philippines, valued at $41 billion in 2022.
  • "This welcomed collaboration with the Philippines Department of Tourism underscores the power of promoting wellness to enhance the nation's overall economic vitality."

Philippines International Remittance Market Sees Business and Investment Opportunities Amid Rising Transaction Values

Retrieved on: 
Monday, January 29, 2024

DUBLIN, Jan. 29, 2024 /PRNewswire/ -- The "Philippines International Remittance Market Business and Investment Opportunities - Analysis by Transaction Value & Volume, Inbound and Outbound Transfers to and from Key States, Consumer Demographics - Q2 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 29, 2024 /PRNewswire/ -- The "Philippines International Remittance Market Business and Investment Opportunities - Analysis by Transaction Value & Volume, Inbound and Outbound Transfers to and from Key States, Consumer Demographics - Q2 2023" report has been added to ResearchAndMarkets.com's offering.
  • Despite a projected slowdown in remittance inflows in 2023 due to the deceleration of economic growth in several source countries, the Philippines international remittance market shows resilience.
  • Furthermore, banking as a service platforms are collaborating with international remittance firms to introduce new remittance channels, enhancing the market's dynamism and innovation.
  • Startups in the Philippines are actively pursuing funding opportunities to carve out their niche in the competitive remittance sector.