Maya (mobile Payments)
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Maya (mobile Payments)
Maya (formerly known as PayMaya powered by PayMaya Philippines, Inc. and prior to that, as Smart Money powered by Smart e-Money, Inc.), is a Philippine financial services and digital payments company based in Metro Manila, Philippines. Smart Money was launched in December 2000, in cooperation with 1st eBank (now BDO Universal Bank) and Mastercard. It is the world’s first card linked to a wireless phone and was marketed by Smart Communications as one of the biggest innovations in finance. In January 2016, the service was rebranded as PayMaya and, in the first quarter of the same year, reached the milestone of having processed $1 billion worth of transactions. PayMaya reached 44 million registered users by the end of 2021. In April 2022, PLDT and Smart Communications, the two companies controlling PayMaya's parent company, Voyager Innovations, announced that PayMaya would be overhauled and renamed ''Maya'', coinciding with the launch of Maya Bank. The said rebranding came to ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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Mobile Payments In The Philippines
Mobile may refer to: Places * Mobile, Alabama, a U.S. port city * Mobile County, Alabama * Mobile, Arizona, a small town near Phoenix, U.S. * Mobile, Newfoundland and Labrador Arts, entertainment, and media Music Groups and labels * Mobile (band), a Canadian rock band * Mobiles (band), a 1980s British band Other uses in music * ''Mobile'' (album), a 1999 album by Brazilian Paulinho Moska * "Mobile" (song), a 2003 song by Avril Lavigne from ''Let Go'' * "Mobile", a song by Gentle Giant from the album ''Free Hand'' Other uses in arts, entertainment, and media * Mobile (sculpture), a kinetic sculpture constructed to take advantage of the principle of equilibrium * ''Mobile'' (TV series), a British ITV drama * "Mobile", a short story by J. G. Ballard, later renamed "Venus Smiles" * Mobile, a feature of the game ''GunBound'' * ''Mobile Magazine'', a publication on portable electronics Military and law enforcement * ''Garde Mobile'', historic French military unit * Mobile Briga ...
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Anvil Award
The Anvil Award ( no, Amboltprisen) is a Norwegian literary prize conferred by the association Friends of Olav H. Hauge (). The prize consists of NOK 10,000 and an artistically crafted "anvil" created by the sculptor Leif Gjerme. The Anvil Award is conferred upon the person that has done the most to promote awareness of Hauge's poetry. List of prizewinners *2000: Idar Stegane *2002: Ola E. Bø *2004: Jan Erik Vold *2006: Erling Lægreid *2008: Robert Bly *2010: Arne Skjerven *2012: Bodil Cappelen *2014: Espen Eide * 2016: Klaus Anders * 2018: Ole Karlsen * 2021: Kathrine Hanson Katherine, also spelled Catherine, and other variations are feminine names. They are popular in Christian countries because of their derivation from the name of one of the first Christian saints, Catherine of Alexandria. In the early Chris ... References {{reflist External links Website of the Friends of Olav H. Hauge Norwegian literary awards Awards established in 2000 2000 establishments ...
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LinkedIn
LinkedIn () is an American business and employment-oriented online service that operates via websites and mobile apps. Launched on May 5, 2003, the platform is primarily used for professional networking and career development, and allows job seekers to post their CVs and employers to post jobs. From 2015 most of the company's revenue came from selling access to information about its members to recruiters and sales professionals. Since December 2016, it has been a wholly owned subsidiary of Microsoft. LinkedIn has 830+ million registered members from over 200 countries and territories. LinkedIn allows members (both workers and employers) to create profiles and connect with each other in an online social network which may represent real-world professional relationships. Members can invite anyone (whether an existing member or not) to become a connection. LinkedIn can also be used to organize offline events, join groups, write articles, publish job postings, post photos and vide ...
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National Privacy Commission (Philippines)
The National Privacy Commission, or NPC, is an independent body created under Republic Act No. 10173 or the Data Privacy Act of 2012,Republic Act No. 10173: An Act Protecting Individual Personal Information in Information and Communications Systems in the Government and the Private Sector, Creating for this purpose a National Privacy Commission, and for Other Purposes (2012) mandated to administer and implement the provisions of the Act, and to monitor and ensure compliance of the country with international standards set for data protection. It is attached to the Philippines' Department of Information and Communications Technology (DICT) for purposes of policy coordination, but remains independent in the performance of its functions. The Commission safeguards the fundamental human right of every individual to privacy, particularly Information privacy while ensuring the free flow of information for innovation, growth, and national development. In order to fulfill its mandate, the ...
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Binance
Binance is a cryptocurrency exchange which is the largest exchange in the world in terms of daily trading volume of cryptocurrencies. It was founded in 2017 and is registered in the Cayman Islands. Binance was founded by Changpeng Zhao, a developer who had previously created high frequency trading software. Binance was initially based in China, but later moved its headquarters out of China shortly before the Chinese government imposed regulations on cryptocurrency trading. In 2021, Binance was put under investigation by both the United States Department of Justice and Internal Revenue Service on allegations of money laundering and tax offenses. The UK's Financial Conduct Authority ordered Binance to stop all regulated activity in the United Kingdom in June 2021. In 2021, Binance shared client data, including names and addresses, with the Russian government. History 2013–2017: company beginnings and move out of China CEO Changpeng Zhao had previously founded Fusion Syst ...
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Revolut
Revolut is a British financial technology company that offers banking services, but did not have a UK banking licence. Headquartered in London, it was founded in 2015 by Nikolay Storonsky and Vlad Yatsenko. It offers accounts featuring currency exchange, debit cards, virtual cards, Apple Pay, interest-bearing "vaults", commission-free stock trading, crypto, commodities, and other services. Revolut has expanded into new markets such as Japan and expanded staff from 1500 to around 5000. In November 2020 it was breaking even and, with a £4.2 billion valuation became the UK's most valuable fintech company. In January 2021 it applied for a UK banking licence. A US$800 million funding round in July 2021 brought the company's valuation to US$33 billion, making it the most valuable UK tech startup at the time. Since Revolut does not have UK bank status, it does not reimburse victims of authorized push payment fraud. History Revolut was founded on 1 July 2015 by Nikolay Storonsky ...
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Neobank
A neobank (also known as an online bank, internet-only bank, virtual bank or digital bank) is a type of direct bank that operates exclusively online without traditional physical branch networks. The term "challenger bank" is used in the UK to refer to a number of fintech banking startups that emerged in the wake of the 2007–2009 financial crisis. Their services may be accessed by clients through their respective computers or mobile devices. The range of services provided by neobanks is not as broad as that of their traditional counterparts. Unlike incumbent banks, a large portion of the income of neobanks is mainly made up of transaction fees received when customers pay with their debit card. History The term ''neobank'' has been in use since at least 2016 to describe fintech-based financial providers that were challenging traditional banks. There were two main types of company that provided services digitally: companies that applied for their own banking license and compan ...
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Tonik (bank)
Tonik is an all-digital bank which was launched in the Philippines in 2021, notable for being the first all-digital bank, or "neobank" in Southeast Asia. Its consumer products range from deposits, payments, debit cards, and loans. It operates with its own bank license issued by the Bangko Sentral ng Pilipinas (BSP), with deposits insured by the Philippine Deposit Insurance Corporation (PDIC). Its holding company is Singapore-based Tonik Financial Pte Ltd.   Tonik is backed by international investment groups Sequoia India, iGlobe Partners, Insignia Ventures, Point72 and Camerton Holdings. Other than Manila, the neobank operates out of three hubs based in Singapore, Kyiv, and Chennai. History Tonik was founded in 2020 by serial entrepreneur Greg Krasnow at a time when the Bangko Sentral Ng Pilipinas, the Philippines' central bank, was working to improve financial inclusion in the country. At the time, 70% of the Filipino population who remained unbanked, but the rise of the COVI ...
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CB Insights
CB Insights is a private company with a business analytics platform and global database that provides market intelligence on private companies and investor activities. The platform is targeted at private equity, venture capital, investment banking, angel investing, and consulting professionals by providing insights about high growth private companies. Founding CB Insights was founded on January 1, 2008, by Anand Sanwal, and Jonathan Sherry and is headquartered in New York. CB Insights uses a combination of big data tools and algorithms, as well as sentiment analysis on publicly available signals to gather and analyze data about private companies, investors, and industries. Funding The company has raised capital in three rounds of funding with the most recent one being $10 million in series A funding raised in 2015, led by the growth stage investment firm RSTP. The company had previously raised $1.15 million in grants from the National Science Foundation for its private compan ...
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