
Filipino trust in credit soars to record high
Filipinos’ confidence in credit reached a record-high score of 75 in 2026, as more consumers turn to formal financial institutions and plan to improve their finances.
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Filipinos’ confidence in credit reached a record-high score of 75 in 2026, as more consumers turn to formal financial institutions and plan to improve their finances.
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Eight Philippine banks made Forbes’ 2026 World’s Top Performing Banks list, which assessed 500 institutions across 89 countries based on financial performance.
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BPI becomes the first Philippine universal bank to earn ISO certifications for both information security and privacy management, covering key digital and banking services.
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GCash launches GSukli, allowing customers to receive up to ₱199.99 in cash change directly in their GCash wallets for free.
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GCash and De La Salle University are giving students hands-on fintech engineering training through a new industry-designed elective and potential career pathway.
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MariBank cardholders can now add eligible cards to Google Wallet and use Android phones for contactless Google Pay transactions at compatible terminals.
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House bill wants to count daily digital spending to prove creditworthiness.
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The BSP expects August inflation to reach 5.5% to 6.5%, with food, fuel, and weather-related supply disruptions likely to keep household budgets under pressure.
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PSA data shows 12.8% of Filipinos were multidimensionally poor in 2024, reflecting challenges in education, housing, health, employment, and basic services beyond income.
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PERA contributors can now use qualifying time deposits as retirement investments, adding another lower-risk option alongside funds, stocks, REITs, and government securities.
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InstaPay and PESONet transactions reached ₱19.16 trillion in the first seven months of 2026 as digital transfers surged amid lower bank fees.
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Digital payments accounted for 64.7% of retail transactions by volume in 2025, marking a major shift in how Filipinos pay for everyday goods and services.
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