Banking & Insurance

Philippine crypto wallet Coins.ph is bringing digital assets into everyday retail with the rollout of QRPh Stablecoin Payment, a feature that allows users to pay via the country’s national QR code standard using pesos, supported stablecoins, or a combination of both in a single transaction.

UnionDigital Bank has partnered with the state pension agency, the Social Security System (SSS), to launch a micro-loan program called SSS LoanLite aimed at helping qualified members, especially overseas Filipino workers (OFWs), access quick financial support.

Mastercard has launched its first authenticated AI-driven (agentic) payment transactions across parts of Southeast Asia, marking a step toward more secure and transparent digital commerce in the region.

More than 500,000 government workers and pensioners have received loan refunds under the Government Service Insurance System (GSIS) Balik Ginhawa program, with P7.3 billion credited to accounts as of April 20.

The Bank of the Philippine Islands (BPI) is accelerating its push into electric vehicle (EV) financing, with its loan portfolio climbing 18% to about P12 billion as of end–first quarter, buoyed by stronger demand and improving affordability.