Fintechnews

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BSP Plans to Use Wholesale CBDC for Government Bond Settlement

BSP Plans to Use Wholesale CBDC for Government Bond Settlement

The Bangko Sentral ng Pilipinas (BSP) is exploring the use of a wholesale central bank digital currency (CBDC) to settle government securities. The central bank

RCBC Plans to Issue Fixed Rate Peso Bonds

RCBC Plans to Issue Fixed Rate Peso Bonds

Rizal Commercial Banking Corp. (RCBC) is planning to offer fixed-rate peso-denominated bonds to support its growth and sustainable financing initiatives. The bank

Security Bank Partners With PRA to Offer Retiree Banking Privileges

Security Bank Partners With PRA to Offer Retiree Banking Privileges

Security Bank Corp. has entered into a strategic partnership with the Philippine Retirement Authority (PRA) to provide priority banking services to foreign and

GoTyme Bank Targets US IPO Listing In 3 to 4 Years

GoTyme Bank Targets US IPO Listing In 3 to 4 Years

GoTyme Bank Corp., a joint venture between the Gokongwei group and TymeBank South Africa, is exploring an initial public offering (IPO) within the next three to

Metrobank Lowers InstaPay Fee to PHP 8 Flat Rate Starting Feb 2026

Metrobank Lowers InstaPay Fee to PHP 8 Flat Rate Starting Feb 2026

Metrobank has announced a reduction in its InstaPay transfer fees, implementing a new flat rate of PHP 8 per transaction effective 1 February 2026. This adjustment

BSP Confirms Rollout of Cross-Bank Auto Debit System This Year

BSP Confirms Rollout of Cross-Bank Auto Debit System This Year

The Bangko Sentral ng Pilipinas (BSP) is set to roll out an interoperable auto-debit facility for bill payments this year, expanding the system beyond current same

Huawei’s Roger Wang on How the RongHai Program Helps Banks Get AI Right

Huawei’s Roger Wang on How the RongHai Program Helps Banks Get AI Right

AI’s been reshaping financial services for several years now. But as its digital adoption accelerates, one factor determines whether AI extracts value or adds complexity

Philippine Central Bank Adopts Space Technology for Financial Supervision

Philippine Central Bank Adopts Space Technology for Financial Supervision

The Philippine Space Agency (PhilSA) and the Bangko Sentral ng Pilipinas (BSP) have entered into a partnership to integrate space science and technology into the

DOJ To Charge Opsytech Over PHP 15 Million Investment Scam

DOJ To Charge Opsytech Over PHP 15 Million Investment Scam

The Department of Justice (DOJ) has recommended the filing of criminal charges against Opsytech Corp. and its executives for illegally soliciting investments from

Filipinos in Malaysia Can Now Pay SSS Contributions via Paydibs and AltPayNet

Filipinos in Malaysia Can Now Pay SSS Contributions via Paydibs and AltPayNet

Malaysian payment gateway Paydibs has announced a strategic partnership with global payment service provider AltPayNet to improve financial connectivity between