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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…

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…

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…

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…

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…

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…

At least 24 companies, including GCash, Visa, and Mastercard, have expressed interest in the Philippine Automated Fare Collection System concession.The Department of Transportation plans to bid out the project by the end of the year, as first reported by the…

There has been a way, or there was one, to run a nationwide digital bank in the Philippines without actually being one.
But that will soon be over now as the Bangko Sentral ng Pilipinas is tweaking the rules that will directly affect…

The Bangko Sentral ng Pilipinas (BSP) is proposing a new regulatory framework in the Philippines to offer more flexible repayment terms for salary-based personal loans.
The proposed initiative aims to alleviate the financial strain of debt servicing for borrowers across the country while maintaining…

THE newly elected Board of Trustees of FinTech Alliance PH, the country’s major industry group of digital finance players, is set to “deepen” regulatory engagement and further position the Philippines as a “leading fintech hub” in Southeast Asia.In a statement…