A study conducted by the International Data Corp. (IDC) on behalf of Backbase, a provider of engagement banking platforms, has revealed that 80% of organizations in the Asia Pacific (APAC) that invested […]
The Bank of the Philippine Islands (BPI) recently held a series of free BizTalk learning sessions in an effort to educate small and medium enterprises (SMEs) about taxation. In partnership with Taxumo, […]
The roundtable discussion hosted by Silverlake Axis and the International Data Corp. emphasized the importance for banks to find the right partner to accelerate their digital transformation. Silverlake Axis is a core […]
Metrobank (Metropolitan Bank & Trust Co.) posted a 31.3% growth in net income in the first quarter of 2023. The bank attributed the P10.5 billion growth to higher margins and expansion of […]
The Bangko Sentral ng Pilipinas (BSP) has agreed to the use of digital identification and verification of bank clients. BSP also released guidelines on electronic Know-Your-Customer (e-KYC), which recognizes its use through […]
Citing protecting customers from IT-related risks, the Bangko Sentral ng Pilipinas (BSP) has announced the changes in the electronic money (e-money) operations in the Philippines. In a media advisory, the BSP said […]
The Bangko Sentral ng Pilipinas (BSP) will soon begin consultations for the “PH Open Finance Pilot” in crafting the development of open finance technical and operational standards and arrangements. In 2021, BSP […]
Bank of the Philippine Islands (BPI) sees growth and opportunities after the bank’s shareholders approved the merger with Gokongwei-led Robinsons Bank Corp. (RBC) merger. In a special stockholders meeting, BPI execs said […]
ING Bank Philippines and Bank Mendes Gans (BMG) will be in charge of centralizing International Container Terminal Services Inc.’s (ICTSI) cash management involving multiple countries and currencies. ING hopes to simplify the […]
Usage of e-wallets during the pandemic saw an unprecedented surge in the Philippines. This continues and other financial services are easing into the consciousness of consumers, according to Finastra, a global provider […]
Open Finance technology company Brankas has developed “Brankas Open,” a first-of-its-kind open-source license for the next generation of Banking-as-a-Service and Open Finance software. The Brankas Open license is meant to encourage digital […]
Union Bank of the Philippines (UnionBank) has tapped the syndicated bank market through a $358 million three-year syndicated loan facility. Despite prevailing market uncertainty and volatility, UnionBank’s syndicated financing was well-received with […]
Brankas, an open finance technology provider, has been appointed by Visa as its first regional partner to provide live access to its Open Data products. The two companies have been collaborating on […]
Unistar Credit and Finance Corp. (Unistar), a financial solutions company, partners with Cloud4C, a multi-cloud, application focused managed cloud services leader in the adoption of digital technology to improve efficiency and innovation […]
Metropolitan Bank & Trust Co. (Metrobank) now allows account holders to conveniently and securely open a time deposit account through Metrobank Online, its internet banking platform. Depositors can enjoy higher interest rates […]
Metropolitan Bank & Trust Co’s. (Metrobank) Financial Markets Sector was recently recognized by the Asset and the Bureau of the Treasury for its expertise in trading and for cornering the biggest market […]
Metropolitan Bank & Trust Co. (Metrobank) lists the P23.7 billion fixed-rate bonds it recently raised on the Philippine Dealings and Exchange Corp. (PDEx). The figures are more than double its initial offering […]
The Bank of the Philippine Islands (BPI), through its microfinance arm BanKo, introduced new products and services as part of its digitalization efforts. “Digital banking has become a necessity now. This is […]
Aboitiz-led Union Bank of the Philippines recently introduced new solutions — eDAO (ePaycard Digital Account Opening), Remote Check Deposit (RCD), and Embedded Banking — to strengthen its banking services offerings. eDAO offers […]
Noname Security, a proactive API (application programming interface) security platform, has been chosen by Tonik, a neobank based in the Philippines, to help safeguard a critical component of its digital platform as […]
ING Philippines beefs up its services with the addition of new features as a response to customers’ evolving digital banking behavior. The financial services institution added two new features in its ING […]
The new report by The Financial Times Focus and Mambu shows that banks must reposition themselves and embrace technology to avoid “extinction.” The results of the report illustrate the urgent need for […]
In support of the Philippine government’s initiative to prevent the further transmission of COVID-19, all PSBank branches nationwide will have shortened banking hours (8:30A a.m.-2 p.m.), Monday-Friday, from Aug. 6 to Aug. […]
The Rizal Commercial Banking Corporation (RCBC) recognized its partner banks and institutions at the Araw ng Pasasalamat sa mga Madiskarteng Kabalikat program. The event, in time for the Philippine Independence Day celebration, […]
The financial sector is leading the way in the use of blockchain technology with the industry analyst International Data Corp. (IDC) expecting that global spending will increase by more than 50% this […]
Filipinos are fast adapting to digital banking as shown by the recent survey by analytics software firm FICO wherein 56% of the respondents said they now prefer to do their transactions online. […]
Banking should be quick, especially if you’re there for a simple transaction that you do regularly. That’s why EastWest has figured out how to keep your bank visits short with EasyWay, a […]
As technologies are now taking over many industries across the globe, the UnionBank of the Philippines is now transforming its data science and artificial intelligence (DSAI) into a wide range of personalized […]
Despite the continuing Covid-19 pandemic that has greatly impacted the Philippine economy, Union Bank of the Philippines (UnionBank) continues to register solid growth especially as it delivers more innovative – and often […]
To make banking transactions seamless for clients amid the pandemic, the UnionBank of the Philippines (UnionBank) has digitized its onboarding processes through The Portal platform that offers customized solutions for its corporate […]
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