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M Lhuiller recognized as the most compliant agent by Western Union after annual compliance review

M Lhuillier today announced that it was recognized as one of the two (2) most compliant agents in the Philippines by Western Union, after its 2021 annual compliance review - Field Task Force (FTF). The recognition was awarded on March 22, 2022, as a result of minimal findings made during the FTF review.

E-payment providers told to handle complaints properly

The Bangko Sentral ng Pilipinas (BSP) has reminded all its supervised financial institutions (BSFIs) to establish effective mechanisms to inform the public about e-payments and to handle PESONet and InstaPay consumer complaints in a timely manner. BSP Deputy Governor Mamerto E. Tangonan of the BSP

RBank raises funds to help scholars education through its mobile app – Manila Bulletin

Robinsons Bank celebrates its 25th anniversary in the industry by giving back to the community, particularly to help fund the education of scholars. Through this donation, RBank aims to do its part in building a better and brighter future for Filipino children. Be part of this great cause when you

Subprime borrowers are increasingly missing credit card and loan payments in the face of record inflation

America’s healthiest consumer lending environment on record appears to be coming to a close as consumers with low credit scores are falling behind on their payments for personal loans, credit [.]

BSP reaffirms launch of 3 e-payment streams this year

The Bangko Sentral ng Pilipinas (BSP) is on track in its plan to introduce three additional e-payment streams Bills Pay, Request-to-Pay and Direct Debit possibly in June or until the third quarter this year. The BSP said Wednesday, May 18, that the three e-payment streams will help “broaden the use

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