2022 seen as the “Year of Digital Banks” as BSP grants licenses to 6 banks in PH
by Bhea Baarde, Correspondent Three already launched. Three more to go. The year 2022 may definitely be considered the year…
News
Latest fintech updates in the Philippines: breaking news on digital banking, crypto, e-wallets, payments, and inclusive finance insights.
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DTI sees robust growth for PH e-commerce
“We believe that e-commerce is here to stay and will grow exponentially!” Thus, exclaimed Mary Jean Pacheco, assistant secretary of…
30 percent of retail purchases were digital payments in 2021
More Filipinos are fast becoming digital savvy as one of every three retail payments went digital in 2021 according to…
No New Philippine Peso Coin series — BSP
Reports circulating on social media about a new Philippine coin series have reached the Bangko Sentral ng Pilipinas (BSP), and…
Bill to boost financing for MSMEs filed under 19th Congress
Good news for micro-entrepreneurs and business startups! A bill aiming to boost financing for lenders and assist micro, small, and…
Diokno says incoming chief will be able to continue reforms at BSP
Outgoing BSP chief and new Finance Secretary Benjamin Diokno said that he is confident the new governor of Bangko Sentral…
Customers express shock after ING announces exit in PH retail business
by Bhea Baarde, Correspondent A number of account holders of ING, The Netherlands-based digital bank, expressed dismay after the firm…
ASEAN FSI Conference Philippines | WFIS 2022 Manila
The ASEAN FSI Conference Philippines, also known as the World Financial Innovation Series (WFIS) 2022, is set to redefine the…
Union Bank introduces PH’s first digital Peso bonds
Union Bank, a publicly-listed universal bank with over 5 million customers, 200 branches, and 7,000 cash-in and cash-out points, has…
Marcial named new BPI AMTC prexy and CEO
The BPI’s Asset Management and Trust Corp. (AMTC) has recently appointed Maria Theresa Marcial Javier as its new president and…
World Bank Report says 51% of Filipinos now have financial accounts
The Philippines’ push towards financial inclusion is slowly gaining ground, with a recent survey revealing that 51 percent of Filipino…