eWallets and digital banks are gaining ground as financial concerns persist and more Filipinos look for ways to save, pay and borrow.
New feature lets users pay without cashing in first, giving Filipinos another way to complete everyday digital transactions.
A single peso can be taxed several times throughout its journey.
The approval formally reclassifies MariBank as a digital bank, aligning its regulatory status with its digital-first business model.
The central bank recorded a sharp increase in counterfeit polymer banknotes in 2025, even as overall fake bills fell 17.1% from the previous year.
The bank set aside ₱13.3 billion to cover loans it expects may not be repaid, citing a weaker macroeconomic outlook.
The funding adds to Atome’s expansion efforts as traditional banks increasingly back fintech firms offering flexible financing options.
Monthly payments are reshaping how households judge affordability, with many now focusing on what fits the budget rather than the total price.
Stocks opened July on a positive note, but the peso weakened for a second straight session, reflecting mixed signals across Philippine financial markets.
The move removes InstaPay and PESONet fees for millions of users and raises questions on how banks will price digital transactions moving forward.
