BPI app update adds stronger security features for safer mobile banking
The Bank of the Philippine Islands (BPI) has released version 13.1 of its mobile app, introducing advanced security features aimed at combating evolving cyber threats.
Globe Taps Airtel’s Xtelify for AI-driven service overhaul
Globe Telecom has entered a multi-year, multi-million-dollar partnership with Xtelify, the digital innovation arm of India’s Bharti Airtel, to deploy next-generation AI-driven software aimed at revolutionizing customer service and operational efficiency in the Philippines.
Rice, utilities costs pull down July inflation to 6-year low
Inflation in the Philippines eased to its lowest level in six years in July, driven by falling prices of rice, other food items, and utilities. The headline inflation rate slowed to 0.9 percent, down from 1.4 percent in June, according to the Philippine Statistics Authority (PSA).
Strong credit demand lifts bank loans, money supply in June
Lending activity by universal and commercial banks (U/KBs) continued its upward trajectory in June, supporting stronger domestic demand and economic momentum, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).
Wall Street advances on hopes Fed will cut rates
U.S. stocks rallied Monday as weak jobs data bolstered expectations that the Federal Reserve could begin cutting interest rates in the coming months.
