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For decades, opening a bank account in the Philippines meant a trip to a branch, a stack of photocopied IDs, and a wait. For millions of Filipinos in far-flung provinces or working...
MANILA, Philippines – The Bangko Sentral ng Pilipinas has warned banks and other regulated financial institutions against allowing unlicensed partners to provide electronic money (...
MANILA, Philippines – Underlying asset-quality risks continue to simmer in the Philippine banking sector, Fitch Ratings said, warning that the rapid expansion of unsecured consumer...
“All banks din po sana.” This was the comment of Filipinos after the Bank of the Philippine Islands (BPI) decided to permanently waive its transfer fees for online transactions. Th...
Several clients of the Bank of the Philippine Islands (BPI) urged authorities to sanction the commercial bank over the inconvenience caused by its days-long service disruption. The...
MANILA, Philippines – The move of the Bangko Sentral ng Pilipinas (BSP) to let banks exclude government securities-related losses from capital calculations is “credit negative,” Mo...
MANILA, Philippines – The Philippines’ financial system resources continued to grow in April as banks continued to fuel growth through lending and higher deposits despite market vo...
Latest US Dollar to Philippine Peso Bank Rates Compared for Today, July 16, 2026 US DOLLAR TO PHILIPPINE PESO – You can check here the comparison of the exchange rates of the diffe...
MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) has released voluntary governance principles for the use of artificial intelligence (AI) in financial services, laying o...
Latest US Dollar to Philippine Peso Bank Rates Compared for Today, July 14, 2026 US DOLLAR TO PHILIPPINE PESO – You can check here the comparison of the exchange rates of the diffe...
Latest US Dollar to Philippine Peso Bank Rates Compared for Today, July 10, 2026 US DOLLAR TO PHILIPPINE PESO – You can check here the comparison of the exchange rates of the diffe...
MANILA — The Philippines’ overall balance of payments (BOP) position was a deficit of $2.1 billion in April after a deficit of $2.6 billion in March, the central bank said on Tuesd...
Philippines Advances CBDC Plans The Philippines is moving another step toward a digital financial future as the Bangko Sentral ng Pilipinas (BSP) announced it expects to complete i...
The BSP wants to review the major digital banking downtime that affected several BPI customers for two days, adding that it is monitoring the banks operational resilience following...
Former BSP deputy governor Diwa Guinigundo warns that the temporary relief may introduce moral hazard, or the concern that banks could take on more risks if they expect regulators...
The BSP has directed banks and other supervised financial institutions to upgrade their cybersecurity frameworks, warning that advanced AI systems can automate sophisticated cybera...
The service enables eligible employees of Chinabank's payroll partner companies to make multiple salary withdrawals within a payroll period through a mobile app.
Union Bank of the Philippines (UnionBank) topped Visa credit payment volume in the Philippines in 2025, reflecting how more Filipinos are using credit cards for everyday spending a...
MANILA, Philippines – Seven Philippine companies secured spots in the 2026 edition of the Forbes Global 2000, with SM Investments Corp. (SMIC) emerging as the country’s highest-ran...
Why are banks suddenly waiving their transfer fees? Filipinos have long been accustomed to paying additional fees for digital transactions via online banking, with InstaPay transac...
Filipinos were warned about scam texts containing suspicious links that use the names of legitimate entities such as banks. Lawyer Emil Marañon III on Wednesday, July 8, raised awa...
Managing cash just got more convenient for UnionBank customers. Through its partnership with ECPay, UnionBank of the Philippines is making it easier to deposit cash into peso savin...
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