In a landmark €5.4 billion transaction 1 poised to reshape the global asset management landscape and significantly impact the Philippine fintech industry, AXA Group has officially confirmed the completed sale of AXA Investment Managers (AXA IM) to BNP Paribas. This strategic move by one of the world’s largest and most trusted financial institutions aims to […]
In a significant leap forward for digital commerce in the Philippines, Mastercard has joined forces with Paynamics Technologies Inc. (Paynamics) to introduce Click to Pay, a streamlined and highly secure online checkout experience designed to benefit millions of Filipino consumers and businesses. This strategic collaboration is set to transform the local e-commerce landscape, addressing common […]
In a period characterized by shifting global dynamics and economic uncertainties, the Philippines is demonstrating remarkable resilience, recording a significant balance of payments (BOP) surplus in June 2025 and strengthening its gross international reserves (GIR). This positive economic momentum is underscored by the Bangko Sentral ng Pilipinas (BSP)’s proactive stance, with Governor Eli M. Remolona, […]
Tonik, the pioneering digital-only bank in the Philippines, has today activated QRPH transfers within its mobile application. This significant enhancement now allows users to effortlessly send, receive, and make payments nationwide with a simple scan — all entirely free of charge until August 31. This move solidifies Tonik’s commitment to making digital banking not just […]
Philippine lawmakers are increasingly becoming vocal about their dissatisfaction with what they see as “inadequate measures” being taken by both the government and e-wallet platforms to rein in the widespread proliferation of online gambling promotions and activities in the country. A growing chorus from both the Senate and the House of Representatives is demanding immediate […]
The Philippine Chamber of Commerce and Industry (PCCI), the nation’s largest business organization, is making digital transformation the central focus of its premier gathering for business leaders: the 51st Philippine Business Conference and Expo (PBC&E). Set to take place on October 20 to 21 at the SMX Convention Center Manila, this year’s conference underscores the urgent need […]
Forget the image of the Philippines’ informal economy lurking in the shadows. A vibrant, digitally-driven transformation is sweeping across the archipelago, bringing a new class of Filipino freelancers, online sellers, and micro-entrepreneurs firmly into the formal tax fold. According to the groundbreaking “State of Online Taxation 2025” report by Taxumo, the nation’s digital workforce isn’t […]
Imagine a financial market that’s not just robust but also deeply inclusive, tapping into new sources of capital while adhering to ethical principles. That’s the vision the Bangko Sentral ng Pilipinas (BSP) is actively pushing for, most recently through the “Stakeholders’ Forum on Domestic Sukuk Issuance” held on July 15, 2025. Led by the Islamic […]
In a move that solidifies its reputation as the Philippines’ trailblazing fintech ecosystem and undisputed #1 digital bank, Maya has once again soared to top honors at the 2025 PR Awards Asia-Pacific. Earning gold for PR Event and silver for Best Brand Strategy, the company’s latest triumph isn’t just about shiny accolades; it’s a powerful spotlight on their […]
Driven significantly by the enduring strength of its overseas workforce while navigating complex currents in foreign direct investment (FDI), the Philippine economy continues to exhibit a fascinating duality. Latest data from the Bangko Sentral ng Pilipinas (BSP) reveals a sustained upward trend in remittances, cementing their role as a vital lifeline, even as FDI present […]
