Banking & Insurance
New cross-bank auto-debit service debuts for property owners, tenants
The Bank of the Philippine Islands (BPI) and Ayala Land, Inc. (ALI) have rolled out the country’s first interoperable direct debit facility, allowing property buyers and tenants to automatically pay recurring obligations from any participating bank account.
“Reach out early to avoid mounting loan burdens”
Home Credit Philippines is calling on borrowers to communicate at the first sign of financial strain, underscoring that early coordination can prevent temporary setbacks from escalating into serious loan problems.
Regulators, fintechs push open finance reform to lower loan costs
Regulators, lawmakers, and financial technology leaders are stepping up efforts to bring down borrowing costs, rallying behind open finance reforms that would allow consumers...
BPI launches debit card made from 100% recycled plastic
The Bank of the Philippine Islands (BPI) has introduced a new Debit Mastercard made from 100 percent recycled, PVC-free plastic as part of its push for more sustainable banking.
Lender urges Filipinos to diversify as markets enter ‘new phase’ in 2026
With inflation easing and interest rates expected to stabilize, Security Bank Wealth is urging Filipino investors to rethink their strategies, warning that 2026 will demand greater discipline, wider diversification, and sharper decision-making.
