Philippines
Atome Philippines secures $81.1m loan from AUB to expand PayLater card
Atome Philippines secures $81.1m loan from AUB to expand PayLater card
Customers use the card for groceries, food, household items, and bills, the company said.
16 hours ago
GoTyme surpasses 10 million users with retail ATM strategy
Customers can deposit and withdraw cash in 2,500 Robinsons retail stores in the Philippines.
3 days ago
Philippine bank loans rise 12.1% in May despite softer card and auto loans
Loans for manufacturing and trade activities rose during the month.
4 days ago
Metrobank cuts InstaPay and PESONet fees to zero
The BSP earlier directed local banks to bring interbank transfer fees closer to zero.
4 days ago
Philippine central bank welcomes banks' move to cut fund transfer fees
An earlier circular directed banks to bring interbank transfer fees to zero.
5 days ago
Philippine National Bank's property arm eyes PSE listing with no date set
PHC is undertaking the necessary documentation and preparatory steps for the listing.
6 days ago
Philippine central bank explores wholesale CBDC
Using it for financial securities transactions could reduce settlement risks, the BSP said.
QR Ph captures 55% as card payments lose ground: PayMongo
Interoperability lets merchants accept payments from banks and e wallets through one code.
PayMongo's digital payments surge 89% as in-store QR use triples
PayMongo recorded 10 million transactions in H1 2026, compared to 5.2 million a year ago.
Central bank zeros in on securities, cross-border payments for digital Philippine peso
Project Agila findings will steer wholesale CBDC strategy for financial institutions.
Philippine banks brace for more bad loans and less profit
Fitch also flagged the rapid expansion in unsecured credit card receivables.
Mynt IPO could raise $1.5b for GCash parent
The final price will be set later through a book building process.
Philippine-based BPI to waive interbank transfer fees from 1 July
Transfers to banks and e-wallets will no longer cost $0.16 to $0.82.
Filipino borrowers halve since 2021 as debt aversion grows
Formal credit overtakes informal lending as seven in 10 Filipinos call loans a bad idea.
Philippine central bank revises payments framework to protect consumers
Banks and e-wallets must justify charges under the updated rules.
Philippine banks’ loan repayments slash foreign capital inflows
Financial account net inflows fell to $2.4b from $7.4b in the prior year.
PNB, JCB card debuts as Japan travel demand grows
Cardholders can access selected overseas airport lounges and multilingual travel assistance.
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