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In 2021, the BSP issued the Open Finance Framework providing the guidelines for enabling Open Finance in the Philippines and setting the standard across Southeast Asia. The regulatory framework is aligned with the Bangko Sentral ng Pilipinas (BSP) Digital Payments Transformation Roadmap 2020-2023, w
Experts and advocates of Islamic finance presented the trends and outlook in the growing sector, including ED Nelly Dillera - PTTC; DED Dhim Radia - PTTC; Dr. Zalina Binti Zakaria -Head, Halal Research Center of Islamic Health, Universiti Malaya; Dr. Dalal Aassouli - Asst. Professor, Islamic Financ
More than 71% of Filipinos remain unbanked and have zero access to financial services, based on the 2019 survey of the Bangko Sentral ng Pilipinas (BSP). This unbanked sector includes aspiring entrepreneurs and MSMEs resulting in their inability to secure funding and support to expand their business
The increasing cases of hacking and cybercrimes launched against some of the Philippines' leading institutions require no less than a collective cyber defense. Financial institutions, banks, fintech, and other members of the private sector must band together and collaborate to protect their systems—
Fintech industry sandbox pilot has been launched in Philippines, supported by UK's ASEAN Economic Reform Program.