UnionBank is reinforcing its digital banking strategy by making mobile payments more seamless and secure, as financial institutions continue to compete on convenience and user experience rather than traditional banking services alone.
Digital banking is moving beyond rolling out new features, with banks increasingly judged by how technology improves customers' financial lives rather than by innovation alone.
MariBank has secured an official digital banking license from the Bangko Sentral ng Pilipinas (BSP), marking a key regulatory milestone as it expands its digital-first banking operations in the Philippines.
Banking executives, regulators and technology leaders from across Asia gathered in Manila this week to map out how artificial intelligence, open finance, cybersecurity and cross-border payments will reshape the region's financial sector, highlighting the industry's push to balance rapid innovation with trust and financial inclusion.
The Sy family-controlled Banco de Oro Unibank Inc. (BDO), the country’s largest bank, has waived fees for InstaPay and PESONet transfers made through its BDO Online and BDO Pay platforms, joining a growing number of Philippine banks removing charges for digital fund transfers.
Rizal Commercial Banking Corp. (RCBC) is strengthening its digital banking ecosystem with innovations aimed at bringing more Filipinos into the formal financial system, reflecting the growing role of technology in expanding financial access across the country.
Maya is leaning into a trust-first strategy as it scales digital banking in the Philippines, positioning security not as a feature but as the backbone of everyday financial use.
Maya is accelerating its push toward sustainable growth as customer adoption deepens and its digital ecosystem scales, signaling a shift from rapid expansion to profitability among Philippine fintech players.
GCash is waiving transaction fees for Filipinos in the Middle East using GCash Overseas, covering bank transfers, bill payments, and mobile load purchases. The move aims to help overseas Filipinos stay connected with families and receive financial support without added costs amid ongoing developments in the region.