Tag: Visa

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PalawanPay brings Visa power to unbanked Filipinos

PalawanPay, the e-wallet of the Palawan Group of Companies, is widening access to digital payments with the launch of its Virtual Visa Card, a move aimed squarely at millions of Filipinos without bank accounts or credit cards.

Visa senior leadership changes in AsPac

Global digital payments leader Visa on Tuesday announced senior leadership changes in the Asia Pacific region, with Chris Clark elevated from regional president to...

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Central bank sets ₱1.0-billion capital standard for small banks going digital

The Bangko Sentral ng Pilipinas (BSP) has rolled out new operational guidelines requiring thrift, rural, and cooperative banks to secure at least ₱1.0 billion in capital if they adopt digital-heavy business models. Issued under Circular No. 1240 on September 21, 2026, the policy ensures that smaller institutions venturing into the digital space operate safely while protecting everyday depositors from financial risks.

Dizon: Hybrid flood control with foreign expertise to target local needs

Public Works Secretary Vince Dizon is pushing for a mix of engineered and nature-based solutions, backed by international know-how, to better tackle flooding across the country.

PH Resorts doubling capital stock to P20B, erasing deficit in restructure push

PH Resorts Group Holdings Inc., led by businessman Dennis Uy, will boost its authorized capital stock to P20 billion—more than double the current P8 billion—to wipe out its capital deficit and restore positive shareholder equity in two years.

DA, NCIP team up in agri projects benefiting indigenous peoples

The Department of Agriculture (DA) and the National Commission on Indigenous People (NCIP) have signed a partnership agreement to jointly deliver agricultural support and empower Indigenous Cultural Communities and Indigenous Peoples (ICCs/IPs).

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