Banking & Insurance

Digital banking and e-wallet users now enjoy stronger protection against fraud and unauthorized access, as Bangko Sentral ng Pilipinas (BSP)-supervised financial institutions begin rolling out advanced authentication systems ahead of a key deadline.

The Government Service Insurance System (GSIS) has set aside an initial ₱69.1 million in loss reserves to support recovery efforts following the magnitude 7.8 earthquake that struck parts of Mindanao.

The Social Security System’s (SSS) Pension Booster Program is gaining momentum as a viable retirement savings option for Filipino workers, delivering steady returns despite ongoing economic volatility and shifting interest rate conditions.

FWD Philippines has launched a new savings and protection product aimed at helping Filipinos secure long-term financial goals amid rising living costs and market volatility.

The Bangko Sentral ng Pilipinas (BSP) has issued Memorandum No. 2026-027 providing temporary regulatory relief to banks and quasi-banks. This measure is designed to reduce the impact of market instability caused by the ongoing conflict in the Middle East.