Banks bat on blockchain, cautious on digital money
Philippine banks are carefully assessing the impact of blockchain technology on the banking industry, but are cautious on cryptocurrencies, particularly bitcoins.
Banking
HSBC goes hi-tech with fingerprint, facial ID
HSBC Philippines has introduced biometrics for its digital banking platform after receiving the green light from the Bangko Sentral ng Pilipinas (BSP) for the release of an app called HSBCnet Mobile.
Banking
Higher rates to cut loan growth, bank profit – BMI
An impending interest rate hike by the Bangko Sentral ng Pilipinas (BSP) would weigh on loan growth and eat into the profitability of banks over the coming quarters, according to BMI Research.
Banking
Financial technology transactions in Philippines to double to $11 million in 2021
Transactions in the country’s financial technology (fintech) market is set to double to $11 million in 2021 from last year’s $5.5 million amid the continued transformation or disruption of the financial service landscape.
Banking
Real time digital payments targeted by mid-April — BSP

The Bangko Sentral ng Pilipinas (BSP) is launching another automated clearing house (ACH) to enable real time payments by the middle of April as it pursues a safe, efficient, and reliable digital or electronic payment system in the country.

Banking
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Banks ramp up spending amid stiffer competition
Filipinos ready for artificial intelligence, digital banking — Unisys
Metrobank beefs up remittance business
DOF urges LGUs to tap funding facilities
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