Philippine bank loans surge by 9.6% in April amidst economic challenges — BSP report
Preliminary data culled from the Bangko Sentral ng Pilipinas (BSP) website revealed that the outstanding loans of universal and commercial…
Filipino millennials are ‘most financially literate generation’ but they lack a plan of action — study
Sun Life Asia has launched its inaugural “Sun Life Asia Financial Resilience Index,” which delves into the financial behaviors and…
Fintech in the Philippines – 2023 review
by the IDfy Team In 2023, the Philippines Open Finance Pilot was initiated and was considered a significant development for…
Navigating “disruption in banking” and other insights from the Asian Banking & Finance Forum
Companies are now facing not just tech transformations but also shorter skill lifespans for their workforce In an era marked…
Don’t get scammed: Public warned against investing in cloud mining machines to mine cryptocurrency
The Bangko Sentral ng Pilipinas (BSP) has recently issued a warning regarding a company offering “cloud mining machines,” emphasizing that…
Bank of Commerce now CIC’s accessing entity
The Credit Information Corporation (CIC), the country’s public credit registry and repository of credit information, has recently onboarded the Bank…
MAVEK unveils exclusive global internship program in six Asian countries
Invites exceptional talents from three leading universities in the Philippines Mavek has just announced the launch of its Global Internship…
BSP selects technology for its pilot CBDC project
The Bangko Sentral ng Pilipinas (BSP) has announced recently the selection of Hyperledger Fabric as the distributed ledger technology (DLT)…
DBP announces completion of P1-billion interest rate subsidy disbursement to LGUs
A top official of the Development Bank of the Philippines (DBP) announced recently that the state-owned bank has already completed…