The Philippine digital lending industry is moving closer to a more structured regulatory environment after the Senate approved the proposed Fair Debt Collection Practices Act under Senate Bill No.

In the past few years, the Philippines' demand for convenient loans has boomed. In today's society, people expect to find quick fixes for sudden expenses. Traditional banks seldom can offer the prompt ...

The Philippine digital lending industry may soon see stronger consumer safeguards following the Senate’s approval of the ...

MANILA, Philippines — The Securities and Exchange Commission (SEC) is pushing through with its plan to lift the moratorium on the registration of new online lending platforms (OLPs), while also ...

Brankas and Global Finteq announced a partnership to launch one of the first Lending-as-a-Service (LaaS) platforms in the Philippines. Established banks, rural banks, and even non-traditional ...

The Philippine Securities and Exchange Commission (SEC) has proposed lifting a moratorium on new online lending platforms, reopening the market to new digital ...

How rapid growth in the Association of Southeast Asian Nations’ digital lending is generating regulatory gaps, consumer risks, and the potential for disputes over automated credit decisions ...

MANILA, Philippines — The Securities and Exchange Commission (SEC) has released for public comment a draft memorandum ...

THE rapid growth of consumer lending in the Philippines in recent years has raised some important questions: Does it signal rising risks to financial stability, or does it reflect healthy progress in ...

MANILA, Philippines — The Securities and Exchange Commission (SEC) said it may allow once more the entry of new online lending platforms (OLPs) starting next month in an effort to help bring down ...