Union Bank, a publicly-listed universal bank with over 5 million customers, 200 branches, and 7,000 cash-in and cash-out points, has just issued the country’s first-ever offering of Digital Peso Bonds. The move is in line with its vision to transform traditional banking services through digital innovations. Digital peso bonds serve as a “proof-of-concept” for the […]
The BPI’s Asset Management and Trust Corp. (AMTC) has recently appointed Maria Theresa Marcial Javier as its new president and chief executive officer effective June 15, 2022. She replaces Shiela Marie U. Tan, who headed the same unit since 2018. Ms. Marcial has over 25 years of experience in the financial services industry, specifically in […]
The Philippines’ push towards financial inclusion is slowly gaining ground, with a recent survey revealing that 51 percent of Filipino adults now have access to financial institutions, thanks in part to the pandemic. This is a significant improvement as the World Bank’s Global Findex 2021 report also confirmed that the Philippines was able to establish […]
by Bhea Baarde, Correspondent E-wallets became an essential part of the economy during and after the pandemic. Now that e-wallets and other financial technology are an everyday part of Fiipinos lives, there is a need to ensure cyber resiliency in PH fintech industry if we truly want to become a high income middles class country. […]
by Bhea Baarde, Correspondent The future of Fintech through BaaS looks bright. BaaS or Banking-as-a-Service is now the latest buzzword in the financial services industry which continues to undergo rapid change. BaaS is an end-to-end model that allows digital banks and other third parties to connect directly with the bank’s system via its Application Programming […]
by Bhea Baarde, Correspondent The difficulties of being an adult, or what I would refer to from hereon as “adulting,” is one of the hottest topics among the youth nowadays. I see it being discussed practically every day on social media and also as a topic of interest on various streaming platforms. But there is […]
by Bhea Baarde, Correspondent I just saw another GCash official Twitter account posting an advisory regarding the KKB scam, and I am sharing it here so more people will be aware. Better yet, I am sharing 4 tips to protect your GCash from scammers. The advisory, which was posted last June 20, read: “Use GCash […]
