According to latest BSP report, a mobile phone with e-payments app is now being used more often

calendar_today July 26, 2024 schedule 5 min read

BSP report sees surge in digital payments in 2023, outlines positive role of remittances

According to the Bangko Sentral ng Pilipinas (BSP)’s Report on E-Payments Measurement “Traversing New Heights: The Future is Digital,” the…

Facade shot of the RCBC Ayala Alabang branch in Muntinlupa

calendar_today July 25, 2024 schedule 4 min read

Amidst rising bad loans, Moody’s says RCBC to face big challenges in sustaining capital this 2024

Rizal Commercial Banking Corporation (RCBC), one of the Philippines’ leading banks, is anticipated to encounter a significant rise in bad…

The devastation brought about by Super Typhoon Carina along E. Rodriguez Avenue in Quezon City

calendar_today July 25, 2024 schedule 4 min read

Super Typhoon Carina shuts PH financial markets down amid floods comparable to Ondoy in 2009

by Jan Michael Carpo, Reporter Super Typhoon Carina, internationally known as Gaemi, wreaked havoc on the Philippine financial markets on…

A BSP illustration showing a credit card on top of a mobile phone to describe financial cybercrime

calendar_today July 24, 2024 schedule 3 min read

BSP supports war against financial cyber crimes, welcomes passage of RA No. 12010 (AFASA)

The Bangko Sentral ng Pilipinas (BSP) recently welcomed the passage of Republic Act No. 12010 or the “Anti-Financial Account Scamming…

calendar_today July 24, 2024 schedule 3 min read

CrowdStrike’s new software update sparks global disruptions, exposing tech dependence risks

by Jan Michael Carpo, Reporter Last July 19, a catastrophic software update from security company CrowdStrike brought global IT disruptions,…

GoTyme Bank's credit card and digital app (on a mobile phone)

calendar_today July 23, 2024 schedule 4 min read

GoTyme Bank leads digital banking growth in PH, welcomes 1.7 million new customers in 2024

In an impressive display of growth and customer satisfaction, GoTyme Bank has established itself as the Philippines’ fastest-growing digital bank,…

A card about to be inserted in an ATM machine shows how the global IT meltdown caused by 'Falcon Sensor' exposed vulnerability in banks' digital systems

calendar_today July 23, 2024 schedule 4 min read

July 19 IT meltdown caused by ‘Falcon Sensor’ exposes vulnerability in banks’ digital systems

Several major banks in the Philippines experienced significant outages recently due to a sweeping technical glitch caused by the cybersecurity…

Chinabank Retail Banking Business Segment Co-Heads Jose Osmena Jr. (center) and Clara Sy (right), together with Asian Banking & Finance Publisher and Editor-in-Chief Tim Charlton

calendar_today July 22, 2024 schedule 5 min read

Chinabank scores big at “Asian Banking and Finance Awards 2024” with multiple accolades

Chinabank’s exceptional performance and strategic achievements were celebrated at the prestigious Asian Banking and Finance (ABF) Awards 2024, held earlier…

Dr. Dodjie Maestrecampo, President and CEO of Mapua University, shares how they are breaking barriers in learning modalities at Mapúa University

calendar_today July 22, 2024 schedule 4 min read

Mapúa University partners with Cisco for launch of AI-powered digital classrooms in August 2024

by Jan Michael Carpo, Reporter In a bold move to modernize education in the Philippines, Mapúa University, a premier engineering…

Caricature showing a male and female OFW walking hand in hand, with Philippine flag and the words OFW remittances in the background

calendar_today July 19, 2024 schedule 4 min read

Personal remittances surge by 3.7% (US$2.88 Billion) in May, radically buoying PH economy

According to the latest data released by the Bangko Sentral ng Pilipinas (BSP), personal remittances from overseas Filipinos have increased…

Category: News