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THE MONETARY BOARD approved last month new rules governing foreign exchange (FX) transactions of banks, hiking the limit on their net open foreign exchange position (NOP) as part of the central bank’s move to further liberalize the market.

The Bangko Sentral ng Pilipinas (BSP) has raised the net FX position limit to 25% of the qualifying…

Philippines’ health maintenance organisation (HMO) Asalus Corporation which operates under the trade name Intellicare, partnered with Union Bank of the Philippines for ePaycard Digital Account Opening (eDAO).

This helps to speed up the disbursement of professional fees, benefits, and other reimbursements for affiliated doctors.

UnionBank offers an account opening facility that is efficient, paperless, and with a fully digital…

The Bangko Sentral ng Pilipinas has adjusted the net open foreign exchange position (NOP) ceiling for banks in order to increase liquidity in the market, Governor Benjamin Diokno announced on Thursday.

He made the announcement during the central bank’s weekly briefing. By August, the NOP limit shall be raised to the lower of 25 percent of…

From a simple mission of embracing the huge unbanked population of Filipinos through financial inclusion; to empowering every Juan and Juana micro-entrepreneurs. And then, later on, paving the way to make it easier for others to receive money from others wherever they are, the trailblazing DiskarTech has been snaring the wave for the good of…

Unistar Credit and Finance Corporation, a financing company based in the Philippines, partners with FinScore as their alternative data analytics partner for credit scoring and fraud flagging.

For over 15 years, Unistar has been serving Filipinos by providing affordable financing to a growing number of customers through its partner retail motorcycle businesses, Transcycle and Powercycle. Currently,…