Editor's Pick

BSP Will No Longer Be Accepting Digital Bank Applications

Bangko Sentral ng Pilipinas (BSP) announced that it will no longer be receiving applications for new digital banks including banks wanting to convert their status from 1st September 2021. Digital bank applications sent in to BSP until 31 August 2021

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Philippines Must Not Overlook Fraud Prevention in It’s Financial Inclusion Journey

Digital technologies and online platforms can help emerging markets advance financial inclusion by providing banking services to Gen Z’s, low-income households, and small businesses with typically little to no access to traditional financial institutions. But while unbanked populations can benefit

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Mambu Says 33 Million Filipinos With Digital Wallets Remain Formally Unbanked

A recent study of 2,000 global consumers by Mambu, the market-leading banking and financial services platform, revealed that both banked and unbanked individuals feel underserved, with 56% of banked customers claiming that there are other services they should be able

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Fintech Report Philippines 2020: Mapping out the Fintech Philippines Ecosystem

The Philippines’ fintech ecosystem is brimming with innovation with a vibrant mix of entrepreneurs attempting to fill in the gap within the financial system. Despite the strides that the country has made in this space, the Philippines’ narrative has often

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