Banking & Insurance
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.
BSP cancels FIL-Express’s registration over regulatory breach
In a move to uphold financial regulations, the Monetary Board of the Bangko Sentral ng Pilipinas (BSP) canceled the registration of FIL-Express International Remittance & Delivery Services, Inc. as a licensed money service business (MSB).
