The Bangko Sentral ng Pilipinas (BSP) has raised the maximum monthly add-on rate that banks can charge on credit card instalment loans to 1.5% from 1%, while keeping the 3% monthly cap on credit card…
Recent News
View MoreLaunching a new financial product has often meant waiting for a core vendor to fulfil change requests, building workarounds, or...
Read MoreThe Bangko Sentral ng Pilipinas (BSP) may issue more than the initially planned four additional digital banking licenses…
Southeast Asia currently find themselves in the midst of a serious challenge in financial crime (fincrime). Countries like…
The Bangko Sentral ng Pilipinas (BSP) underscored the potential of the Philippines as a hub for Islamic finance…
Japan’s MUFG is selling its 25% stake in Home Credit Philippines (HCPH) to Security Bank, an affiliate in…
Real-time payments are projected to expand banking access to nearly 21 million unbanked Filipinos and boost the country’s…
The fintech landscape in the Philippines is experiencing rapid growth, with digital payments soaring and over 300 companies…
The Bangko Sentral ng Pilipinas (BSP) is seeking to tight reporting requirements for Virtual Asset Service Providers (VASPs)…
The Philippine Competition Commission (PCC) is taking a closer look at the proposed acquisition of ECPay by Globe…
The Bangko Sentral ng Pilipinas (BSP) is set to issue up to four new digital bank licenses in…
The Rural Bank of Sta. Rosa (Laguna) has reported a significant increase in net income for the first…
A staggering 67% of global banks are experiencing client abandonment during the KYC onboarding process, marking a significant…
Over 50 speakers have already been confirmed to take the stage at Money20/20 Asia 2025 in Bangkok, Thailand.…
Cryptocurrency exchange Coins.ph announced that it is listing new memecoins before they appear on other major platforms. This…
Jose Emmanuel “Toto” Hilado has been appointed as the new Chairman of the Board of UBX Philippines. He…
The Philippines is stepping up its fight against financial crime through a new partnership between the Association of…
The Philippine government will launch GBonds on the GCash platform this December, making government securities more accessible to…
A group of leading Philippine financial institutions have partnered with Web 3.0 fintech firm JUST Finance to launch PHPX,…
Rizal Commercial Banking Corporation (RCBC) received the ‘Sustainable Innovator Award’ at the Singapore Fintech Festival’s (SFF) Fintech Excellence…
The Bangko Sentral ng Pilipinas (BSP) is addressing recent reports of unauthorised deductions from GCash user accounts. G-Xchange,…
JUST Finance, in partnership with UBX and a consortium of Philippine banks, has launched a new multi-currency stablecoin…
A glitch in the popular e-wallet GCash caused alarm on Saturday (9 November) after unauthorised transfers were reported…
The Philippines made a strong showing at the Singapore Fintech Festival (SFF) 2024, held from 6 to 8…
Wise, a global online money transfer service, has been granted direct access to InstaPay, the Philippines’ real-time payment…
Creador, a Malaysia-based private equity firm, is gearing up to invest approximately 20 billion pesos (around US$344 million)…
The Bangko Sentral ng Pilipinas (BSP) has granted Filipino digital bank GoTyme approval to operate as a Virtual…
Globe Telecom has appointed Carl Raymond R. Cruz as its new Deputy CEO, effective 1 January 2025. Cruz…
Today’s consumers often use multiple channels to initiate, modify, and complete retail transactions, expecting all previous interactions to…
Payments giant Visa has introduced its second transit project in the Philippines, allowing passengers in Bacolod City to…
ADVANCE.AI’s Credit Bureau Philippines has secured US$ 4 million in seed funding from Archipelago Capital Partners. The funding…
Mitsubishi Corporation plans to acquire a 50% stake in AC Ventures Holding Corp (ACV), a subsidiary of Ayala…
In today’s fast-paced technological landscape, sticking with legacy systems can leave financial institutions lagging behind. With the rapid…
GCash is projected to soon surpass the valuation of its parent company, Globe Telecom, according to a report…
The Bank of the Philippine Islands (BPI) announced the sale of its 15% stake in digital bank GoTyme…
Fintech Alliance.PH announced that it will be joining the Singapore Fintech Festival 2024 to showcase its digital finance…
The Financial Inclusion Steering Committee (FISC), led by the Bangko Sentral ng Pilipinas (BSP), has launched a new…
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