BPI targets to double online users in 5 yrs
Ayala-led Bank of the Philippine Islands (BPI) aims to double the percentage of clients using its digital platform in the next five years as it continues to deliver superior customer experience while reducing unit costs.
Banking
Philippines to link digital payments system with Singapore, Thailand
The Philippines is set to link its digital payment system with those of other member countries of the Association of Southeast Asian Nations (ASEAN) as the Bangko Sentral ng Pilipinas (BSP) continues to roll out the National Retail Payments System (NRPS).
Banking
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
Real time digital payments targeted by mid-April — BSP
1
Banks ramp up spending amid stiffer competition
Filipinos ready for artificial intelligence, digital banking — Unisys
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