Philippines

How Open Finance Transforms Emerging Economies Like the Philippines

The financial landscape in emerging markets is undergoing a great shift.

How Open Finance Transforms Emerging Economies Like the Philippines

The financial landscape in emerging markets is undergoing a great shift.

PH’s Sarangani Rural Bank ex-officers charged for breaking banking law

They have been sentenced to 5 years’ imprisonment and fined up to $877 each.

Landbank records highest-ever nine-month net income at $558m

Net income jumped 24% during the period compared to a year ago.

UnionBank releases four new credit cards with various benefits

Interested users can choose from retail, cost-saving, travel, and luxury types of credit cards.

How can financial institutions build customer loyalty in the modern era?

It’s no longer just about giving perks, but about offering experiences, industry leaders said.

Tonik digital bank enters the insurance market

The partnership with Sun Life Grepa will offer credit life and disability insurance.

SB Finance highlights four key benefits collaboration can do for the Philippine financial industry

Abbie Casanova, SB Finance’s CEO, said finding the right partner can exponentially increase business fundamentals and market reach.

PH digital bank CEOs tout marketing, mindset, partnerships to disrupt banking

They made use of their old payments model and partnerships to scale operations.

Philippines on track to meet digital payments goal: central bank 

Nearly 4 in 10 Filipinos now have e-money accounts, says Deputy Governor Tangonan.

Artificial Intelligence can fill the crevices in the banking industry: UnionBank exec

Other potentials of AI in banking could help reach broader markets in the underserved segment of the country.

GCash operator Mynt buys payment platform from Globe for $41m

This comes ahead of plans for GCash to launch an IPO.

BPI eyes shifting branch agent role from transactions to advisory: exec

President and CEO TG Limcaoco said that BPI wants their branch agents to spend 70% of their time offering advice to clients.

CIMB Philippines triples revenue, doubles loan portfolio in H1

The digital-only bank now has 7.13 million customers in total.

BPI’s first half earnings leaps one-fourth from last year’s

It reached a consolidated net earnings of P25.3b during the period.

Alipay+ touches down in the Philippines revealing three new mobile wallets

It will be made available to merchants in Manila and Cebu.