Filipino consumers and small businesses will soon have faster access to global cross-border money transfers following a new partnership between Visa and the Bank of the Philippine Islands (BPI).
According to a recent announcement by Visa, the two companies are rolling out Visa Direct to enable real-time push payments across the country.
The initiative allows bank clients to send funds directly to…

Rizal Commercial Banking Corporation (RCBC)’s Executive Vice President and Chief Innovations, Lito Villanueva, laid out proposals in accelerating regional digital finance during the ASEAN-BAC–APEC Business Advisory Council Philippines Annual Asia-Pacific Financial Forum (APFF) Southeast Asia last April 8, 2026 at the Grand Hyatt Manila, Taguig City.
Villanueva joined the high-level conference attended by Finance Ministers of…

Home Credit Philippines has joined LenderLink’s real-time credit data exchange platform to strengthen its credit assessment capabilities.The move allows millions of borrowers to demonstrate their creditworthiness across the lending ecosystem.

Home Credit’s participation brings one of the country’s largest consumer finance portfolios into LenderLink’s shared infrastructure.

The partnership between Home Credit and LenderLink allows the lender to…

Netbank has secured Series B funding led by Altara Ventures to expand its licensed banking-as-a-service (BaaS) platform in the Philippines.The undisclosed round included full participation from existing investors BeeNext, Kaya Founders, January Capital, Oak Drive Ventures, and Boleh Ventures.Netbank operates an embedded finance platform under a full banking licence, providing accounts, payments, cards, and lending…

Philippines’ Salmon Group has raised US$100 million in funding through equity and bonds to strengthen its banking unit and expand lending, according to DealStreetAsia.The package includes US$60 million in equity and a US$40 million public bond under Salmon’s Nordic bond programme, priced at a 13.7% yield.

Spice Expeditions anchored the equity round, with Washington University Investment Management Company, Moore…

Ant International, International Finance Corp. (IFC), and GCash are developing a Sustainability Impact Scorecard. The GCash MSME sustainability scorecard will make it easier for micro, small, and medium enterprises (MSMEs) to track their environmental and social impact, easily adopt sustainability practices in business operations, and align with global standards.The scorecard aims to provide Filipino MSMEs…

Skyro has expanded its payment network through a partnership with ECPay, allowing customers to settle their loans using only their mobile numbers.The integration connects Skyro customers to ECPay’s network of over 462,000 over-the-counter locations, 90 digital touchpoints, and 16,000 kiosks across the country.

Borrowers can now process a Skyro payment via ECPay partners, which include digital…

For most people, payment systems remain invisible until something goes wrong.
Yet behind every digital transfer, securities settlement, and interbank payment sits a core infrastructure designed to move money safely and predictably.
In the Philippines, that infrastructure takes the form of the Real-Time Gross Settlement system, widely known as PhilPaSS, which now operates at a scale reflecting…

The Philippines has steadily grown into one of Southeast Asia’s more active crypto markets, shaped by a strong remittance culture and a population that has grown increasingly comfortable with digital finance.At the centre of it all sits the Bangko Sentral ng Pilipinas (BSP), which oversees cryptocurrency activity through its Virtual Asset Service Provider (VASP) framework.

Anyone…

The Bangko Sentral ng Pilipinas (BSP) and the Central Bank of the United Arab Emirates (CBUAE) have signed a memorandum of understanding to enable seamless Philippines-UAE cross-border payments.
The agreement aims to integrate the instant payment platforms of both countries, a development that BSP Governor Eli M. Remolona, Jr. noted will create better remittance channels for overseas Filipino workers.

Signed by…