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RCBC, Hungarian FinTech opens doors to OFW digital banking

THE Philippines first embedded finance initiative for overseas Filipino workers (OFWs) through the collaboration between Rizal Commercial Banking Corporation (RCBC) and Hungary-based fintech Peak Card Services Ltd. (Peak) and Columbus Private Equity Fund (Columbus) was announced during the series of events organized for the celebration of the 50th anniversary of the Hungary-Philippines diplomatic relations in Manila. ....

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RCBC and Hungarian FinTech partnership opens doors to OFW digital banking

RCBC and Hungarian FinTech partnership opens doors to OFW digital banking
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RCBC and Hungarian FinTech partnership opens doors to OFW digital banking • BMPlus

TAGUIG - The Philippines’ first embedded finance initiative for overseas Filipino workers (OFWs) through the collaboration between Rizal Commercial Banking Corporation (RCBC) and Hungary-based fintech Peak and Columbus Private Equity Fund was announced during the 50th anniversary of the Philippines-Hungary diplomatic relations in Manila. The partnership would soon enable OFWs to download the Peak mobile ....

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DOJ affirms legality of insurance policy procurement for OFWs on G2G deals

THE Department of Justice (DOJ) has found no legal issue on the proposal to acquire an insurance policy from private insurance providers for workers hired and deployed under a government-to-government (G2G) arrangement. In its legal opinion issued on July 19, 2023, Justice Secretary Jesus Crispin Remulla said the plan will “promote the welfare… ....

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TOYM alumni, Cebuana Lhuillier Foundation mount first TOYM Impact Summit

Alumni of The Outstanding Young Men (TOYM) and Cebuana Lhuillier Foundation Inc. (CLFI) held the first-ever TOYM Impact Summit at Lakehall at Nena’s Sanctuary at the Sta. Elena Golf & Country Estate in Sta. Rosa, Laguna. ....

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