Southeast Asia’s insurance industry is at a crossroads. Despite rapid economic growth and rising demand for financial protection, insurance penetration remains low. In fact, in many countries like the Philippines, it remains at 1.78%, while countries like Vietnam are at 2.8% and Indonesia is at 1.4%. One of the biggest barriers in the industry is its continued reliance on outdated…
Visa (NYSE: V), a global leader in digital payments, has partnered with USSC Money Services Inc. (UMSI), on a strategic issuing and Money Movement partnership to launch Visa Direct in the Philippines. This collaboration marks a significant milestone in enhancing digital payment and remittance solutions in the region. While often cited as one of the…
In the last decade, the gaming industry has exploded. With at least one-third of the global population playing digital games at least once per month, gaming provides advertisers with a highly engaged audience. Because of this, popular gaming platforms, like Roblox, are rapidly gaining advertiser attention due to their large user base and ability to…
Pru Life UK has solidified its position as the leading life insurer in the Philippines, with its outstanding business results and strengthened commitment to providing affordable and accessible financial solutions to more customers and communities. The insurer has the highest New Business Annual Premium Equivalent (NBAPE) at PHP9.8 billion in 2024, according to the latest…
Let’s be honest, saving up money can often feel overwhelming, with your day-to-day spending piling up, worries about unplanned expenses from emergencies, and overall need for the right savings habit. And you’re not alone in this. The Bangko Sentral ng Pilipinas’s (BSP) data shows that saving rates are dipping while household spend rises. The percentage…
MANILA, Philippines, 20 March 2025 – A recent study by Agile Data Solutions Inc., a market research firm specializing in consumer behavior analytics, recognizes JuanHand as one of the most trusted and hassle-free online lending apps in the country, reinforcing its reputation as a go-to choice for borrowers seeking seamless and secure financial solutions. The study,…
Visa (NYSE: V), a global leader in digital payments, and CIMB Bank Philippines, the most-awarded digital-only commercial bank in the country and The Asian Banker’s Best Digital Bank in the Philippines for 2025, have announced an exclusive partnership aimed at enhancing financial solutions for Small and Medium Enterprises (SMEs) in the Philippines. The signing ceremony,…
Palawan Group of Companies (PGC) swept three major awards at the 12th Annual International Finance Awards 2024 held in Waldorf Astoria Bangkok, securing recognition for excellence in financial inclusion and services. PGC was awarded Most Innovative E-Wallet App for PalawanPay, Best Pawning Company, and Most Innovative Remittance Company, in the Philippines. Bernard Kaibigan, Group Marketing…
Data analysis by Visa Consulting and Analytics highlights consumer spend trends in the Philippines during Valentine’s Day festivities Consumers likely to prioritize value and affordability this Valentine’s Philippines, 5 February, 2025 – Visa (NYSE: V), a global leader in digital payments, has released new insights into consumer behavior during February 2024. Visa Consulting & Analytics…