BSP predicts overall BOP to post surpluses in 2023-2024 as current account deficit narrows
The Monetary Board has approved the new set of 2023 and 2024 balance of payments (BOP) projections during its December…
BSP rolls out Piso Caravan in the Visayas
The Bangko Sentral ng Pilipinas (BSP) replaced P4 million worth of the public’s unfit banknotes and coins with fresh bills…
Iloilo City joins BSP’s Paleng-QR Ph Plus program
Iloilo City has just launched “Paleng-QR Ph Plus,” a program that promotes digital payments in public markets and local transportation,…
Paywatch formalizes entry in PH, promises to lessen financial strain among Filipino workers
To help reduce financial strain among Filipino workers, Paywatch, an Earned Wage Access (EWA) service provider based in Malaysia, announced…
BSP names 9 outstanding partners in the Visayas
The Bangko Sentral ng Pilipinas (BSP) recently named nine outstanding institutional partners of its Visayas Regional Office (VRO) and Branches…
New mobile banking app OwnBank offers the highest savings interest rate yet, up to 8% per annum
In time for Filipinos’ Christmas bonus and 13th-month pay, the newest mobile banking player, OwnBank, sets foot in the market…
BSP makes cashless payments possible in open marketplaces and public transport at BARMM
By Jan Michael Carpo, Reporter Thanks to the BSP’s Digital Payments Transformation Roadmap (DPTR), commuters, PUV operators, and market vendors…
Calamba City promotes digital payments, rolls out Paleng-QR Ph Plus
Market vendors, business establishments, and public utility vehicle (PUV) drivers in the city of Calamba in Laguna may now benefit…
Opening the doors of financial inclusion: How open finance transforms emerging economies like the Philippines
by Robin Wong, Chief Executive Officer of Mocasa The financial landscape in emerging markets is undergoing a great shift. In…
Cotabato City goes digital with the formal launch of Paleng-QR Ph Plus program
Cotabato City is now part of the Paleng-QR Ph Plus program of the government that promotes digital payments through quick…