Banking & Insurance
BPI to launch stablecoin settlement system for faster, cheaper cross-border payments
The Bank of the Philippine Islands (BPI) has announced plans to introduce stablecoin settlement rails in partnership with global digital clearinghouse Meridian, aiming to modernize how funds enter the country with an initial focus on payroll support for informal economy workers such as freelancers and virtual assistants.
ADB backs LWUA’s P1.99-B projects for water districts
The Asian Development Bank will support the Local Water Utilities Administration in carrying out a P1.99 billion development project covering 11 water districts across the country.
Young Filipinos accelerate digital savings shift
More young Filipinos are turning to digital banking not only for payments and fund transfers but also as their preferred tool for building savings, signaling a broader transformation in financial habits driven by mobile technology and greater financial inclusion.
Lender brings basic banking to Fitmart Tacurong in Sultan Kudarat
The Bank of the Philippine Islands (BPI) has added Fitmart Tacurong in Sultan Kudarat as its latest “May BPI Dito” Partner Store, moving forward with its goal of bringing more inclusive and convenient banking services to Filipinos.
Fiuu expands JCB payments access for Philippine merchants
The Philippines is set to gain stronger cross-border payment capabilities as Southeast Asian fintech firm Fiuu secures a JCB Direct Acquiring license covering Malaysia, Singapore, and the Philippines, opening new opportunities for local merchants to tap regional and Japanese consumer spending.
