There comes a moment in every young adult’s life when “adulting” becomes real. It is not just about getting that first job or paying rent. It hits when you face your first rejection — a declined loan, a denied phone plan, or an apartment you could not rent because of “no credit history.”
Philippine financial institutions are confronting a fast-escalating and costly threat. In 2024, cyberattacks siphoned off an estimated P5.82 billion from the industry — a steep jump from the previous year, according to the Bangko Sentral ng Pilipinas (BSP).
Artificial intelligence (AI) has quickly become a transformative force across industries, from digital assistants streamlining everyday tasks to advanced agents revolutionizing business automation. But with this rapid growth comes a darker side: AI is also enabling new forms of cyberattacks.
The Philippines’ credit landscape is at a critical juncture. Consumer demand for financing is surging, but persistent barriers — from insufficient credit data to high delinquency rates — continue to hinder financial inclusion.
CIBI Information Inc., the Philippines’ first and only local credit bureau, earned recognition at the 2025 Asian Banking and Finance (ABF) Awards for its groundbreaking work in advancing financial inclusion.
In today’s complex and rapidly evolving business landscape, recruitment is no longer a routine HR task —it has become a strategic function, one that directly impacts organizational integrity, operational stability, and long-term growth.
Leveraging data can spell the difference between seizing growth opportunities and being left behind in an increasingly dynamic market, said CIBI Information Inc.
According to the Cybercrime Investigation and Coordinating Center (CICC), the sharp increase in digital threats underscores the necessity for a coordinated, data-driven response, and CIBI’s Fraud Bureau seeks to do just that.