Banking & Insurance

Insurer offers steady return income fund through global investments

The insurer Pru Life UK has launched the PRULink Flexi Income Fund designed to offer investors potential monthly payouts by investing in the ATRAM Global Multi Asset Income Feeder Fund, which in turn invests in JPMorgan’s Global Income Fund.

EastWest partners with GCash to expand access to personal loans

EastWest Banking Corp., the Gotianun-led universal lender, has announced a strategic partnership with fintech giant G-Xchange Inc., operator of the widely-used mobile wallet GCash....

Security Bank forms strategic alliance with BMW PH to make luxury cars more accessible

Security Bank, alongside its subsidiary SB Rental Corporation, signed a groundbreaking partnership agreement with SMC Asia Car Distributors Corporation (BMW Philippines), the official importer...

BSP warns of “text hijacking” fraud targeting financial consumers

The Bangko Sentral ng Pilipinas (BSP) has issued an alert to the public on the growing threat of "text hijacking"—a method used by fraudsters...

Tyme Group Reaches Unicorn Status with $250M Investment from Nubank

Tyme Group, the parent company of GoTyme Bank, has reached unicorn status following a successful USD250 million Series D funding round.

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