Fintechnewsph

23/05/2025

A collective sigh of relief and a surge of optimism swept through the Philippine financial landscape following the nation’s official exit from the Financial Action Task Force’s (FATF) grey list this past February.
The delisting, a culmination of concerted reforms and unwavering commitment from various government agencies, is poised to unlock a cascade of benefits for ordinary Filipinos, bolster local businesses, and pave the way for a significant influx of foreign investment.

But what does it mean for you?

Read more>> https://fintechnewsph.com/philippines-sheds-grey-list-status-ushering-in-brighter-economic-prospects-for-2025/

A collective sigh of relief and a surge of optimism swept through the Philippine financial landscape following the nation's official exit from the Financial

22/05/2025

You can know if anyone's going to give you a loan just by checking your credit score using your smartphone. To check your score, simply download and open the Lista app, tap on Marketplace, scroll to the Others section, and access your report instantly.

Read more>> https://fintechnewsph.com/credit-done-right-the-filipino-way-understanding-your-cibi-score-to-unlock-your-financial-potential/

What if the key to financial freedom wasn’t about avoiding debt — but using it wisely? Many view credit as a burden, but when managed wisely, it becomes a

21/05/2025

Can you imagine P1.3 billion worth of coins?

That's how much the BSP's coin deposit machines (CoDM) have acquired in terms of coins. So much so that the central bank is suspending the operations of CoDMs till further notice.

One person even deposited more than P100k worht of coins in a single transaction.

Read more>> https://fintechnewsph.com/bsp-to-suspend-coin-deposit-machines-starting-june-17-aims-for-enhanced-recirculation-program/

The Bangko Sentral ng Pilipinas (BSP) today announced a temporary suspension of its popular Coin Deposit Machine (CoDM) operations, effective June 17, 2025.

20/05/2025

AI is now in ride hailing.

No, not AI drivers. InDrive is using AI to give passeners a much better experience so they say. From driver onboarding, ride hailing and operations, the TNVS company from Russia is all in with AI.

Comment below if you've noticed any improvement in their service.

Read more>>https://fintechnewsph.com/indrive-revolutionizes-ride-hailing-with-ai-in-2025-faster-smarter-and-more-people-driven/

inDrive revolutionizes ride-hailing with AI in 2025: Faster, smarter, and more people-driven.

19/05/2025

Next time you need a loan, take out your Maya app instead of taking one out with a loan shark.

Since no one wants to give loans to vendors and public transport drivers, Maya says it's offering “Palen-Kita” (never mind the stereotyping). Anyone can qualify for loans starting at P3,000 based on their digital transaction history within the Maya app. Maya’s AI-powered scoring system eliminates the need for extensive documentation or collateral.

Want to know more? Click>>https://fintechnewsph.com/maya-empowers-puv-drivers-and-market-vendors-with-innovative-credit-program/

Digital financial services leader Maya has launched a groundbreaking credit program, "Paleng-Kita," designed to provide crucial financial support to market

12/05/2025

Scam alert!

The Bangko Sentral ng Pilipinas (BSP) has issued a public advisory warning against a fraudulent entity named “UNA Financing Corporation,” which is reportedly misusing the central bank’s name and logo to deceive individuals.

Know more>>https://fintechnewsph.com/bsp-warns-public-of-entity-misusing-its-name-in-new-loan-scam-this-2025/

The Bangko Sentral ng Pilipinas (BSP) has issued a public advisory warning against a fraudulent entity named "UNA Financing Corporation," which is reportedly

10/05/2025

10/05/2025

Would you trust buying a house to an AI?

Bahai Deals is an app that connects property developers with buyers particularly Overseas Filipino Workers (OFWs). It's AI finds the right match between the property and the buyers. No more endless searches until you get analysis paralysis.

Click here to read more>> https://fintechnewsph.com/rcbc-and-talino-venture-unveil-new-ai-powered-bahai-deals-for-global-filipinos/

The Philippine real estate landscape is poised for a significant technological leap with the upcoming launch of "Bahai Deals," an innovative AI-powered

09/05/2025

Good news: more Filipinos are getting loans which means more economic activity.
Bad news: key industries growth are meh.

So what gives, BSP? Are our lives improving or we are getting poorer?

Click to read more>>https://fintechnewsph.com/bsp-says-bank-lending-remains-robust-with-11-8-growth-in-march-signaling-continued-economic-activity/

According to preliminary data released today by the Bangko Sentral ng Pilipinas (BSP), despite a slight moderation from the previous month, the Philippine

02/05/2025

Bangko Sentral ng Pilipinas said that the majority of banks in the Philippines have largely maintained their lending standards for both businesses and consumers in the first quarter of 2025.

This means that the banks haven't tightened credits for anyone, so the survey says. But there is a contridiction in BSP's statement saying that the central bank’s report also indicates some tightening of credit conditions, driven by concerns about borrower quality and bank profitability.

So which is it BSP?

Read more>>https://fintechnewsph.com/bsp-report-says-ph-banks-have-mostly-maintained-loan-standards-in-q1-2025-amidst-concerns/

According to the latest Senior Bank Loan Officers' Survey (SLOS) from the Bangko Sentral ng Pilipinas (BSP), the majority of banks in the Philippines have

01/05/2025

As of 2024, almost 80% of Filipino adults now have some form of access to digital financial services, a feat largely attributable to the country’s high mobile pe*******on rates and proactive government support within the fintech system. This digital revolution has demonstrated a significant evolution in the livelihood of Filipinos and their everyday transactions, providing convenience and accessibility services that were once unimaginable.

However, the central question and concern for some Filipinos remain whether these e-wallet services are truly inclusive. Beneath this seemingly triumphant narrative of fintech success lies a more intricate reality.

Read more>>https://fintechnewsph.com/beyond-the-buzz-are-e-wallets-truly-bridging-the-financial-inclusion-gap/

The Philippines' vibrant and rapidly evolving financial system continues to navigate challenges related to adoption and adapting to the flow of a new digital

30/04/2025

A salute to all Filipino nation builders across all generations!