Philippines
Fintechs could overtake Philippine banks in retail segment: Moody’s
Fintechs could overtake Philippine banks in retail segment: Moody’s
Banks' slow development of digital financial services may just give fintechs an edge.
Chart of the Week: Philippine card payments market value to grow to $43.4b in 2021
Debit cards dominate in the Philippines with 90.6 million in circulation.
Philippines’ Landbank, UCPB to merge
Post-merger, the bank will have $55.4b in combined assets, reports local media.
Security Bank CEO Sanjiv Vohra on future-proofing a bank amidst a time of upheaval
The CEO of Philippines’ first private bank post-war highlights the importance of a people-centric approach in future-proofing a bank whilst tackling a crisis.
Philippine fintech firm Voyager raises $167m from Tencent, others
The firm has applied for a digital banking license in the country.
Security Bank’s SB Finance launches Car4Cash in the Philippines
Car owners can gain access to as much as PHP2m.
Pandemic pushes banks to adapt hybrid set-up for transaction banking services
BPI's John-C Syquia and FinServ Solution's Andre Lee discuss the latest trends in transaction banking.
Philippines’ Security Bank celebrates 70th year anniversary
The bank has launched the “Better Banking” brand campaign to complement this.
UNObank clinches Philippines’ third digital bank license
Parent DigibankASIA will work alongside partners Mambu, Backbase, and AWS in developing its services.
Philippine authorities file criminal raps against Wirecard's ex-COO, others
The respondents are accused violating banking, cybercrime and e-commerce laws.
India, Philippines banks in trouble amidst renewed infection surge
Emerging banks in Asia continue to be in a tough operating environment, says Fitch.
Philippines’ newest neobank aims to disrupt the industry with a dash of personality
Tonik Digital Bank wants to become the first bank brand in the country with “a sense of humor.”
SB Finance, OneConnect to develop digital finance platform in the Philippines
It seeks to service the 65% of Filipinos who remain unbanked.
How Philippines’ cash management services thrived amongst MSMEs amidst the crisis
BDO, Security Bank, and BPI on how the pandemic changed Philippines' cash management services industry.
Philippines’ oldest bank eyes takeover of Citi’s local retail business
Newly appointed President TG Limcaoco said that BPI has sufficient capital to fund it.
Security Bank, MUFG inks deal for expanded cash management access
MUFG’s corporate clients will be able to access Security Bank’s cash management system DigiBanker.
Landbank subsidiary claims Philippines’ first digital banking license
OFBank first began operating in June 2020 as a dedicated thrift bank.
Commentary
Thailand backs major conglomerates for digital banks but risks stifling innovation