TECHNOLOGY
Tonik builds on Google Cloud to accelerate financial inclusion, open banking innovation in PH
January 12, 2022 1:11 p.m.
SINGAPORE – Tonik Digital Bank (“Tonik”), the Philippines’ first digital-only neobank, is tapping Google Cloud’s advanced platform to accelerate financial inclusion for all Filipinos.
Leveraging Google Cloud’s expertise in scalable infrastructure, application programming interface (API) management, machine learning (ML) and data analytics, the bank has taken just 10 months to become an established leader in open banking innovation and delivering next-generation financial services.
Tonik, which is part of Singapore-headquartered fintech firm Tonik Financial Pte. Ltd., was launched in March 2021 after obtaining an initial rural bank license from the Bangko Sentral ng Pilipinas (BSP). Its digital platform provides core services like deposits with interest rates of up to six percent per annum.
There are also unique features for customers to create separate pockets of savings to meet specific goals over time called “Stashes,” such as affording a vacation, a college education, or accumulating an emergency fund.
“Fewer overheads from being branchless allows us to offer industry-leading interest rates that enhance Filipinos’ financial wellness, but our value proposition cannot be solely driven by lower costs. We have had to first earn the trust of consumers by investing heavily in a superior customer experience,” said Greg Krasnov, Founder and CEO, Tonik. “Google Cloud has enabled us to deliver frictionless and customer-centric services that allow Filipinos to easily embrace the financial system. This collaboration – having played an integral role in Tonik being entrusted with more than US$100 million in consumer deposits to date – will empower us to continue expanding our product portfolio and drive real societal impact across the region.”
Secure APIs Open Up New Possibilities for Consumers and Developers
With the BSP requiring banks to conduct due diligence by verifying each customer’s identity to prevent fraud and money laundering, applying for an account traditionally involves individuals having to first visit a physical branch to present valid government-issued identification (ID) to an officer.
This makes it difficult for millions of Filipinos to open accounts or make deposits. Unlike urban cities that have bank branches or ATMs at every corner, the people in rural Philippines – who account for 52.6 percent of the total population[1] – must travel long distances and arrive before the branch closes.
By using Google Cloud’s Apigee API Management platform to build and scale open banking APIs, Tonik could quickly integrate its mobile application with capabilities from third-party providers to make account opening and cash deposits fast, seamless and convenient.
To help Filipinos set up accounts in under five minutes – instead of hours or days, Tonik interoperates with Daon, its partner for automated customer onboarding and biometric authentication.
The process starts with Tonik asking the customer for a selfie and a scanned copy of their ID. Tonik extracts text from these images through Google Cloud’s optical character recognition (OCR) APIs and shares the information with Daon through another trusted API.
Daon then cross-checks the customer’s identity against official sources that issued the ID. This complex data flow is invisible to the user, who only needs to download the Tonik mobile application, verify their identity for account opening, and start banking.
Using APIs, Tonik also exchanges data securely with authorized ecosystem partners like 7-Eleven convenience stores and pawn shops to capture transactions in real-time. When a user makes a deposit at a 7-Eleven, which are readily available across the Philippines, they would see the completed transaction on their Tonik application and start earning interest immediately.
“Interoperability is core to our business strategy and everything on our digital banking application is therefore API-driven,” said Arivuvel Ramu, Chief Technology Officer, Tonik. “As our architectural foundation, Google Cloud’s industry-leading Apigee API Management platform allows us to unlock new digital channels, expand our business model, and generate new revenue streams. While APIs are not new to conventional banks, they tend to be private APIs tailored for a specific partner, which means third parties cannot reuse that API. In line with our commitment toward supporting broader ecosystem innovation, we have taken the private APIs that we have developed and converted them into public APIs.”
Third-party developers who want to create new features or services for Tonik’s ecosystem of partners and users can now reuse its public APIs to do so expeditiously. Apigee also provides a sandbox environment for developers to test and refine what they have created. Issues that would cause downtime can then be identified and rectified before the feature or service is authorized and rolled out to its intended users.
“Customers trust us with sensitive information like demographic and transaction data. As a custodian of data and a facilitator of open banking innovation, it is imperative that we uphold the highest standards of consent management and API security. By capturing and managing customer consent on what data we are permitted to share with authorized third parties, Apigee ensures that we comply with stringent regulatory requirements like PSD2. Apigee simultaneously secures our APIs to avoid data breaches by malicious users,” said Ramu.
Pooling Insights to Deliver Financial Wellness and Hyper Personalized Customer Experiences
Tonik currently serves more than 190,000 customers. To further advance financial inclusion and achieve its target of growing its active customer base to a million users by December 2022, the bank has built an intelligent data lake using Cloud Storage on Google Cloud and BigQuery to provide hyper personalized customer experiences and help many Filipinos access loans for the first time. With data generated from every event along the customer journey and residing across systems, connecting datasets and analyzing them manually is an uphill task. A cloud-based contact center software, for example, captures customer interactions and feedback across channels, while a core banking system captures deposits and withdrawals.
By unifying data across systems and applying machine learning, Tonik can, for instance, implement quick and accurate alternative credit scoring methods. This enables it to serve individuals who have not formally engaged with financial institutions in the past, have no credit histories, and do not qualify for traditional bank loans as a result. Tonik has recently pioneered a consumer lending product called “Quick Loan” without the need for credit histories or collateral, followed by approvals within 30 minutes and real-time disbursement.
“To drive financial inclusion and transcend physical distance, pivoting to digital-first business models and customer interactions are now a necessity,” said Ruma Balasubramanian, Managing Director, Southeast Asia, Google Cloud. “Tonik, through its mature API- and data-led strategy, is creating an open finance ecosystem that will accrue richer digital user experiences and flexibility for players to securely share and maximize digital assets – with Filipinos the ultimate beneficiaries. Google Cloud is proud to be a part of Tonik’s innovation journey. We look forward to supporting the bank’s continuous commitment toward serving the Philippines’ unbanked and underbanked, while it scales for growth and empowers the region’s fintech developer community.”
TECHNOLOGY
inDrive is 4th most downloaded travel app in PH
2:11 p.m. February 12, 2026
WITH over four million installations in 2025 alone, inDrive ranked fourth among the most downloaded travel apps in the Philippines, according to market intelligence firm Sensor Tower.
This ranking underscores Filipino users’ growing demand for inDrive to expand beyond ride-hailing as it evolves into a mobility super app.
inDrive also remained the world’s second most downloaded ride-hailing app for the fourth straight year. It also climbed from fifth to fourth place among the top travel apps globally and topped this category in Pakistan, Peru, Egypt, Morocco, the Dominican Republic, Ecuador, Guatemala, Panama, and Zimbabwe.
Reflecting on this milestone, inDrive Founder and CEO Arsen Tomsky said, “This recognition reflects the trust people place in our platform and the continued dedication of our global team. As inDrive evolves into a super app, we remain focused on our core principles of fairness, transparency, and user choice while expanding access to services that make a meaningful difference in people’s daily lives.”
Full Speed Ahead as inDrive Evolves into a SuperApp
With inDrive growing its user base year-on-year, the app has begun expanding its services beyond ride-hailing in other key markets. Among these new offerings is inDrive.Ads, an in-app advertising platform. By generating new income streams, inDrive can keep its take rate among the lowest in the industry while supporting long-term sustainability for riders, drivers, and local communities.
Now live in 20 countries, including the Philippines, inDrive.Ads plans to expand to all global markets within this year. On inDrive.Ads, ads appear across various screens in the funnel and include multiple-dimension banners featuring graphics and animation, with transparent measurement tools built in.
Tomsky said in a statement, “Diversifying our business with a high-margin stream like Ads is an important step for inDrive. This new line gives us more flexibility to fund affordability at scale.”
Sofia Guinto, inDrive Philippines Country Representative, echoed similar sentiments, saying, “inDrive.Ads is our way of championing fairness and accessibility on all facets of our SuperApp. Through this, we can maintain fares that are both affordable for passengers and lucrative for our drivers and create equal opportunities for more people and brands.”
Beyond its global launch of inDrive.Ads, inDrive has also expanded into intercity transportation, courier and grocery delivery, and financial services in other global markets. These new services utilize artificial intelligence and predictive analytics to fix mapping gaps, improve ETA accuracy, anticipate user needs, and personalize solutions. Through these AI-powered offerings, inDrive continues to drive innovation while still giving users the freedom of choice in every ride.
Throughout the rest of 2026, inDrive will continue to update its features and grow its user base, becoming a true mobility superapp. Amid this shift, it ensures that all rollouts will be built around fairness, opportunity, and people’s real needs. For more updates on inDrive’s new offerings available in the Philippines, visit www.inDrive.com or follow @inDrive.ph on social media.
TECHNOLOGY
Google AI Tools open new frontiers for wildlife conservation in PH, Southeast Asia
2:22 p.m. February 5, 2026
The endangered hog deer was once plentiful throughout South and in Southeast Asia, including India, Pakistan, Burma and Thailand. The species now faces serious decline and a loss in genetic diversity.
As the Philippines continues to battle biodiversity loss, Google has announced a major step forward in using AI to preserve endangered species. Through a partnership with the Vertebrate Genomes Project (VGP), Google is providing advanced AI tools and funding to sequence the genetic codes of threatened animals, a move that holds significant promise for conservation efforts in biodiversity hotspots like the Philippines.
Scientists predict that up to one million species globally face extinction. To combat this, Google is deploying AI technologies—including DeepPolisher, DeepVariant, and DeepConsensus—to make genomic sequencing faster, more accurate, and more affordable.
This process allows researchers to create a “biological instruction manual” for species, vital for designing effective conservation strategies.
Regional Impact for Southeast Asia. The initiative has already successfully sequenced 13 endangered species, several of which are native to the broader Southeast Asian region, highlighting the technology’s relevance to local ecosystems:
● The Elongated Tortoise: A critically endangered reptile native to Southeast Asia, currently the focus of captive breeding and reintroduction efforts.
● The Hog Deer: Once plentiful across South and Southeast Asia, this species now faces serious decline and loss of genetic diversity.
● Eld’s Deer: An endangered deer species indigenous to the region that requires breeding and conservation plan to survive.
Expanding the Safety Net. In addition to the initial species, Google.org has awarded the AI for Science fund to The Rockefeller University to expand this work to 150 additional species. This expansion opens the door for more unique wildlife—potentially including species found in the Philippines—to benefit from genomic preservation.
TECHNOLOGY
Infinix unveils XPAD Edge, its first 13.2-inch PC-level tablet redefining workplace productivity
12:01 p.m. February 2, 2026
Infinix today announced the launch of its first 13.2-inch ultra-slim productivity tablet, Infinix XPAD Edge. Featuring a 13.2-inch FHD+ (Full High Definition Plus) display, a sleek 6.19 mm metallic body, and a lightweight 588g design, XPAD Edge delivers the ideal balance of mobility and performance.With all-scenario 4G connectivity, the tablet redefines mobile productivity for modern creators, professionals, and learners.
Its detachable keyboard with touchpad transforms it into a true PC-level device, delivering a seamless workplace productivity experience, while combining cutting-edge technology and accessibility to give users greater freedom and efficiency everywhere.
Large Display, Ultra-Slim Design, and Productivity on the Go
Designed for today’s dynamic hybrid workforce, XPAD Edge enables users to work and learn efficiently anywhere. Measuring only 6.19mm thin and weighing 588g, it slips easily into a backpack or briefcase. Its 8000 mAh battery and all-scenario 4G connectivity provide lasting power and reliable access whether in a café, during travel, or at a remote worksite.
Furthermore, the expansive 13.2-inch 3:2 aspect-ratio display mirrors the proportions of a traditional PC screen, offering a broad workspace for documents, presentations, and spreadsheets.
With rich color reproduction and optimized contrast, every detail appears vivid and clear. Certified by TÜV Rheinland for low blue light and flicker-free performance, the XPAD Edge display filters up to 70% of harmful short-wave blue light and addresses the often-overlooked issue of screen flicker—helping to reduce eye fatigue during long working hours.
Inspired by the colors and light of the cosmos, the XPAD Edge is presented in the “Celestial Ink” colorway, refined metallic finish combines deep hues with a matte texture, blending technology with elegance in a minimalist design that suits both professional and personal settings.
PC-Level Experience for Smarter Workflows
Building on its ultra-slim design, XPAD Edge transforms mobile work into a truly PC-level experience. Designed as a versatile productivity hub, it brings together portability and power for efficient hybrid work and learning. Pre-installed WPS Office and an optimized task interface allow users to edit documents, manage files, and collaborate with ease. Whether preparing presentations, reviewing reports, or managing creative projects, XPAD Edge delivers a fast, intuitive, and professional workflow in every environment.
XPAD Edge supports split-screen, Parallel Windows, and multi-task drag-and-drop operations, maximizing the 13.2-inch large display for parallel applications. Within a single interface, users can browse data, take notes, and edit webpages effortlessly.
For external productivity, XPAD Edge supports Wireless Second Screen for PC*, enabling content mirroring or extension for meetings, design work, or entertainment. Users can also connect keyboards, mice, and other peripherals for a smooth, desktop-like experience that enhances both comfort and control.
In addition, XPAD Edge pairs seamlessly with the X Keyboard 20 to provide a flexible and natural writing experience. The magnetic keyboard and stylus combine precision with comfort, allowing users to take notes, sketch, or edit content with accuracy. Whether working in a café, classroom, or creative studio, XPAD Edge enables users to enjoy the freedom and efficiency of a complete mobile office anywhere.
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