Revolut Is Quietly Asking for a Philippine Digital Bank License. The Pool of Available Licenses Is Nearly Empty.
After an October 2 meeting between Trade Secretary Cristina Roque and Revolut in London, the DTI said the UK fintech…
Category: Philippines
BSP Wants to Freeze New Payment-Operator Licenses for a Full Year — Here’s What’s in the Draft
A September 7 BSP draft circular proposes a 12-month freeze on new payment-operator registrations, direct-only banking relationships for crypto platforms,…
SEC Clears GCash’s Record P92-Billion IPO — Using a Rule That Didn’t Exist a Year Ago
Mynt's SEC-approved P92.32-billion IPO is the first to use a new lower public-float rule for mega-issuers, while bankers now say…
GCash’s Own Tech Chief Just Drew the Line on What AI Doesn’t Get to Decide
Weeks before Mynt's record-setting IPO, GCash's own CTOO laid out exactly where AI is and isn't allowed to make the…
Clark Just Got the Blueprint for Washington’s Anti-China Chip Strategy
The Philippines just got real numbers behind Pax Silica: a 1,620-hectare AI and chip manufacturing zone in Clark, a 30-year…
Three Companies Applied for a Philippine Digital Bank License in 2025. Almost a Year Later, the Central Bank Still Won’t Say Yes to Any of Them.
The Bangko Sentral ng Pilipinas has spent months unable to commit to a timeline for approving any of the three…
The Philippines Just Made It Easier to Skip a Privacy Review. If You’re Building With AI or Biometrics, It Just Got Harder.
The NPC's draft overhaul of the Philippines' Privacy Impact Assessment rules exempts most routine data processing from mandatory review —…
A Filipino-Founded Startup Just Convinced Tala’s Founder to Bet on It. Kita Raised $4.5 Million to Fix the Credit Scoring Problem Tala Spent a Decade Trying to Solve.
Kita, an AI credit-assessment startup co-founded by a Manila-born Stanford graduate, raised a $4.5 million seed round backed by Tala…
The Philippine Government Just Set Its First Real Rules for How It Can Use AI
DICT and the Civil Service Commission issued the Philippines' first government-wide AI governance framework on June 9, 2026 — and…
PEZA’s July Numbers Tell Two Different Stories About Investor Confidence
PEZA's July board approvals fell nearly 40% year-on-year even as the seven-month total surged past P151 billion — a split…