Banking & Insurance

Banking giant BDO Unibank is stepping up its digital finance push by offering completely fee-free transactions on its payment platform, BDO Pay, while launching a cash reward incentive for users who refer family and friends.

Rizal Commercial Banking Corp. (RCBC) weathered a more volatile operating environment in the first half of 2026, posting lower earnings after setting aside bigger provisions against potential credit risks even as its core lending business continued to gather momentum.

Lawmakers have filed a measure seeking to create the country’s first formal system for consumer-controlled financial data sharing, alongside a new independent commission, to help millions of Filipinos prove their credit standing and gain easier access to financial services.

Rampver Financials, one of the country’s top investment fund distributors, has signed a distribution deal with Manulife Investment Management and Trust Corporation, the local asset management arm of global financial leader Manulife. The agreement allows Rampver clients access to a full range of Manulife unit investment trust funds through the Rampver Online digital investing platform, with minimum investments starting at just ₱1,000.

The Bangko Sentral ng Pilipinas (BSP) and Philippine Payments Management, Inc. (PPMI) launched three new digital payment initiatives on Wednesday as part of activities marking the BSP’s 33rd anniversary.