Banking & Insurance
Ayala units collaboration trials frictionless banking authentication
Globe and the Bank of the Philippine Islands (BPI) are testing a new security technology called Silent Network Authentication (SNA), which aims to make digital banking safer and easier. The Proof of Concept (POC) is part of Globe’s G Verify platform, which uses real-time network data and secure APIs to verify users without requiring one-time passwords (OTPs) or SMS codes.
Pag-IBIG cash loans aid 3.2 million Filipinos
Some 3.2 million Filipino workers received assistance through Pag-IBIG Fund’s short-term loan (STL) programs from January to October this year, a 28 percent jump from the 2.5 million borrowers recorded in the same period last year, agency officials announced Monday, December 1.
BSP honors fin-ed champions, expands digital initiatives
The Bangko Sentral ng Pilipinas (BSP) recognized the country’s top financial education advocates and formalized a new digitalization partnership with the Department of Information and Communications Technology (DICT) during the Financial Education Stakeholders’ Congress held on 17–18 November at the BSP head office in Manila.
GSIS opens upgraded Zamboanga branch, adds digital service hub
The Government Service Insurance System (GSIS) has reopened its renovated Zamboanga City branch and launched a Digital Business Center to improve services for nearly 48,000 members and pensioners.
RCBC posts strong 3Q credit card growth
The Rizal Commercial Banking Corp. (RCBC) posted strong gains in its credit card business as of the third quarter of 2025, driven by higher spending from premium clients and a growing base of loyal cardholders.
