Philippines

Principled AI key to transformation of financial services

Companies must be transparent and fair to maintain trust and mitigate reputational risks.
in 27 days

Principled AI key to transformation of financial services

Companies must be transparent and fair to maintain trust and mitigate reputational risks.
in 27 days

Philippine banks launch PHPX stablecoin

It hopes to take advantage of the $9t global stablecoin transactions market.
4 hours ago

Wise gains direct access to PH’s InstaPay and PhilPaSS Plus

This enables over 63% of all Wise transactions to be completed instantly, with an average fee of 0.62%.

Maya Philippines rolls out new international payment service

The service allows foreign customers to pay in their home currency

GoTyme, foodpanda launch flexible loans to MSMEs

The loans are offered to foodpanda's partner vendors.

PH cybercrime body, JuanHand ink MOA on combat fintech lending cybercrime

They will develop a data and information sharing mechanism.

Philippine banks to tighten lending standards in Q4: survey

Banks cite a deterioration in borrowers’ profiles and their profitability.

Overseas Filipinos’ remittances up 3.3% to $3.2b in August

Cash remittances coursed through banks rose by 3.2% during the month.

Why Philippine banks, insurers embrace hyper-personalized services

Industry experts push for the rapid progress of unified customer data as a starting point.

The Philippines launch financial inclusion website

The website features the latest regulations, issuance, and initiatives from FISC agencies.

Experts on future-proofing PH banks, revolutionizing insurance

Going against the norm when adapting growth strategies may be key.

How GCash’s credit and insurance tools unlock Philippines' inclusion barriers

Bank access increased to 65%, whilst insurance penetration improved to 1.71%.

Is BSP’s cyber resilience plan the key to protecting finance in 2025?

The central bank plans to mainstream cybersecurity in schools to close the skills gap.

Kiosks, hybrid approach key to financial inclusion: BDO 

BDO has introduced self-service kiosks and universal machines to entice unbanked customers.

Philippine banks’ outstanding loans up 10.7% in August

Loans to residents grew whilst loans to non-residents slowed.