Digital Banking

31 Jul 2025

10:03AM

Salmon’s bank unit posts record H1 gains, signals strong lending push

Salmon Group’s rural banking subsidiary, the Rural Bank of Sta. Rosa (Laguna) Inc., reported strong financial and operational results for the first half of 2025, driven by a tech-focused transformation strategy and a growing consumer lending portfolio.

27 Feb 2025

3:36PM

Maya hits profitability, issues 125K credit cards in six months

Maya said it is one of the few digital banks in the Philippines to achieve profitability, supported by its integrated ecosystem of payments and digital banking solutions.

18 Feb 2025

3:28PM

BPI’s BanKo earns special citation for digital financial inclusion efforts

BPI Direct BanKo Inc. (BanKo), the microfinance arm of the Bank of the Philippine Islands (BPI), received a special citation for its pioneering digitalization efforts at the 3rd Digital Financial Inclusion Awards (DFIA).

10 Feb 2025

5:24PM

BDO unveils new online banking website with stronger security and smarter features

The upgraded website is expected to go live in the coming weeks, providing a seamless and secure banking experience across devices.

10 Feb 2025

2:15PM

BancNet handled over 2 billion transactions in 2024, up 41% from previous year

The company reported that fund transfers and payments through InstaPay dominated transaction volume last year, reflecting consumers’ continued preference for digital payments, a trend accelerated by the COVID-19 pandemic.

18 Dec 2024

2:42PM

GoTyme hits 5M users milestone—the next goal: 9M by 2025

GoTyme Bank, venture between the Gokongwei Group and Tyme Group, achieved a milestone of five million users, redefining digital banking in the Philippines with its seamless, customer-focused approach.

17 Dec 2024

11:02AM

Gokongwei’s GoTyme to accelerate growth after backer wins major investment

GoTyme Bank Philippines, a venture with Gokongwei-led conglomerate JG Summit Holdings, is set to accelerate its growth and roll out advanced lending solutions following Nubank’s $150-million investment in its parent company, Tyme Group.

12 Nov 2024

11:15AM

Maya digital bank breaches 50,000 issued Landers credit cards in three months

The Landers Cashback Everywhere card is targeted at younger Filipinos, with millennials making up over half of the cardholders. Additionally, Gen Z clients account for 15 of percent the base, a significant portion given their general lack of credit history. Maya also reported that 61 percent of cardholders reside outside Metro Manila, and 42 percent were previously unbanked.

29 Aug 2024

1:24PM

Filipinos download lending, digital bank apps amid high inflation, interest rates

Interest in digital lending and digital banks spiked higher during the first half of 2024 as consumers turned to debt options amid elevated inflation, data from consumer credit service Digido showed.