FINANCE | Philippine banks face more complex risks as digitalization accelerates
The Philippine banking sector is facing a more complex operating environment as economic shocks, digitalization, cybersecurity threats and changing customer...
banking
BANKING | EastWest launches AI chatbot for business owners
East West Banking Corp. has launched an artificial intelligence-powered chatbot designed to help business owners understand and access cash management...
FINANCE | PDIC plans risk-based bank deposit insurance assessments
The Philippine Deposit Insurance Corporation (PDIC) is preparing to adopt a Risk-Based Assessment System (RBAS) that would tie banks' deposit...
FINTECH | BPI pilots stablecoin remittance system
The Bank of the Philippine Islands (BPI) will pilot a stablecoin-based settlement system aimed at speeding up and lowering the...
ECONOMY | UnionDigital shares budgeting tips for single-income families
As Filipino families prepare for the new school year, digital bank UnionDigital Bank has released practical budgeting strategies aimed at...
GADGETS | EastWest launches Garmin Pay for Visa, Mastercard cardholders
East West Banking Corp. has launched Garmin Pay for eligible Visa and Mastercard cardholders, allowing customers to make contactless payments...
FINTECH | Maya introduces credit card installment feature in app
Maya has launched a new feature that allows eligible credit card transactions to be converted into installment payments through its...
FINTECH | SME card launch expands access to digital business payments
Philippine small and medium enterprises (SMEs) can now access business payment cards without maintaining a bank account following the launch...
FINTECH | Vietnam banking fraud lessons raise concerns for PH digital finance
The Philippines may face the same digital banking fraud vulnerabilities exposed in Vietnam unless financial institutions strengthen identity verification systems,...
BUSINESS TECH | Sumsub launches AFASA fraud monitoring bundle for PH banks
Singapore-based fraud prevention firm Sumsub has launched a fraud management platform aimed at helping Philippine banks and financial institutions comply...