by Alexis Tuble, Correspondent The Philippine digital lending market is rapidly expanding, driven by a surge in app usage and demand for accessible credit — particularly among the Gen Z population. As the market grows, regulators are responding with tighter rules to protect consumers and ensure sustainable practices. The digital lending industry in the Philippines […]
by Alexis Tuble, Correspondent While financial institutions in the Asia Pacific region race to modernize their technology infrastructure, the pressure to retain critical mainframe expertise is mounting. But rather than replace legacy systems altogether, Rocket Software is building bridges between platforms, generations, and even mindsets. In an exclusive interview with FintechNewsPH.com, Praveen Kumar, Vice President […]
by Alexis Tuble, Correspondent In a significant move highlighting the increasing integration of financial technology into public service, the Social Security System (SSS) has taken a decisive step to fast-track financial assistance for disaster-hit members by launching its revamped Calamity Loan Program (CLP). This proactive shift, coming on the heels of Tropical Storm Crising, signals […]
by Alexis Tuble, Correspondent In a bold regulatory move aimed at addressing the growing social and economic toll of online gambling, the Bangko Sentral ng Pilipinas (BSP) has unveiled a draft circular that seeks to strictly regulate online gambling payments by limiting access to digital payment channels and e-wallets used for betting purposes. The proposed […]
by Alexis Tuble, Correspondent Amid the rapid growth of digital banking and e-wallet usage in the Philippines — which accounted for over 52.8% of the total volume of retail transactions in 2023, up from 42.1% in 2022, cyber threats are becoming increasingly serious, posing significant risks to both public funds and trust. This surge highlights […]
Amazon Web Services (AWS) unveiled a robust lineup of cloud security solutions with AI-Driven Innovations at the re:Inforce 2025 APJ Security Briefing, demonstrating how it helps organizations proactively detect, respond to, and prevent emerging cyber threats. By integrating generative AI into its security architecture, the cloud giant empowers customers to strengthen resilience, reduce operational burden, […]
by Alexis Tuble, Correspondent The fintech landscape in the Philippines is set for a massive overhaul as global leader Visa, a trusted name in digital payments, announces a new wave of AI-driven payment solutions, slated for rollout over the next 12 to 18 months. During last week’s media briefing, Visa Philippines Country Manager Jeffrey V. Navarro emphasized the nation’s […]
