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Finance And Banking Emphasis
Asian share markets turned combined on Monday as Chinese retail gross sales missed expectations and Singapore moved to close colleges to struggle a coronavirus outbreak, while extra proof of global…
BSP joins global central banking group promoting ‘green’ finance
MANILA, Philippines – The Bangko Sentral ng Pilipinas has joined the ranks of monetary authorities around the world working toward managing climate- and environment-related risks in a bid to mobilize…
Survey: Many Filipinos don’t have secure online banking passwords
MANILA, Philippines — While many Filipinos still keep traditional passwords which were deemed unsecure during online banking transactions, they were also open to adopting biometrics to protect themselves from fraud,…
Consumers shopping, banking from home warned vs rash of digital payment fraud, hacking
Digital payment firms and customers using their services should be on guard against a rash of hacking attempts being perpetrated by criminal elements on electronic transaction accounts, especially with their…
EastWest unveils digital banking arm
Komo, EastWest Bank’s new digital banking arm Gotianun family-led East West Banking Corp. has joined the local digital banking race with the launch of Komo, a fully-digital banking platform operating…
BSP says PH banking system strong enough to withstand pandemic
The country’s banking system is strong enough to withstand the economic downturn caused by the coronavirus pandemic, thanks to the industry’s prudential measures and conservative practices, the central bank said…
Banking group seeks lower lending rates during, after COVID-19 crisis
The Bankers Association of the Philippines on Monday (March 30) told the country’s largest financial institutions to keep their lending rates as low as possible to help keep the economy…