financial institutions

Banking and Finance, News

Philippine bank loans surge by 9.6% in April amidst economic challenges — BSP report

calendar_today June 10, 2024 schedule 3 min read

Preliminary data culled from the Bangko Sentral ng Pilipinas (BSP) website revealed that the outstanding loans of universal and commercial banks (U/KBs) in the Philippines. Read More...

Banking and Finance, News

Filipino millennials are ‘most financially literate generation’ but they lack a plan of action — study

calendar_today May 10, 2024 schedule 3 min read

Sun Life Asia has launched its inaugural "Sun Life Asia Financial Resilience Index," which delves into the financial behaviors and beliefs of individuals across eight. Read More...

Blogs

Fintech in the Philippines – 2023 review

calendar_today April 17, 2024 schedule 6 min read

by the IDfy Team In 2023, the Philippines Open Finance Pilot was initiated and was considered a significant development for the Fintech sector in the. Read More...

News

Navigating “disruption in banking” and other insights from the Asian Banking & Finance Forum

calendar_today April 12, 2024 schedule 3 min read

Companies are now facing not just tech transformations but also shorter skill lifespans for their workforce In an era marked by rapid disruptions -- from. Read More...

Crypto, News

Don’t get scammed: Public warned against investing in cloud mining machines to mine cryptocurrency

calendar_today April 12, 2024 schedule 3 min read

The Bangko Sentral ng Pilipinas (BSP) has recently issued a warning regarding a company offering "cloud mining machines," emphasizing that its operations are beyond the. Read More...

Banking and Finance, News

Bank of Commerce now CIC’s accessing entity

calendar_today January 4, 2024 schedule 3 min read

The Credit Information Corporation (CIC), the country’s public credit registry and repository of credit information, has recently onboarded the Bank of Commerce (BankCom) as an. Read More...

Banking and Finance, News

MAVEK unveils exclusive global internship program in six Asian countries

calendar_today December 20, 2023 schedule 3 min read

Invites exceptional talents from three leading universities in the Philippines Mavek has just announced the launch of its Global Internship Program (GIP) in the Philippines.. Read More...

News, Payment

BSP selects technology for its pilot CBDC project

calendar_today September 11, 2023 schedule 3 min read

The Bangko Sentral ng Pilipinas (BSP) has announced recently the selection of Hyperledger Fabric as the distributed ledger technology (DLT) for its wholesale Central Bank. Read More...

News, Economy

DBP announces completion of P1-billion interest rate subsidy disbursement to LGUs

calendar_today August 24, 2023 schedule 2 min read

A top official of the Development Bank of the Philippines (DBP) announced recently that the state-owned bank has already completed disbursement of funds under the P1-billion. Read More...