AI the Savior, Rescuing Developing Nations
The World Bank’s 2026 World Development Report argues that artificial intelligence (AI) can serve as a lifeline for emerging economies, enabling them to achieve in a decade what might otherwise take a century; provided governments act quickly to close gaps in infrastructure, skills, and regulation. At a time when global growth is at its weakest in […]
Bangko Sentral ng Pilipinas to develop wide scale Credit Scoring measures for Filipinos
On recent side talks, Bangko Sentral ng Pilipinas (BSP) Deputy Governor Bernadette Romulo-Puyat gave a statement of wanting to unify collating credit information of Filipinos, which include credit score data. Puyat adds that if such measures are implemented, this act could encourage greater usage of banking services. Specifically, in loan applications, where before granting loans, loan applicants are first assessed based on required documents to see the […]
BPI’s 175 Years (and Counting) of Mission to Serve the Underbanked Filipinos
The Bank of the Philippine Islands (BPI) marked its 175th anniversary in August 2026 with a bold declaration: it intends to bank half of the adult Filipino population, or roughly 50 million customers. The bank’s ambitious mission, articulated by President and CEO TG Limcaoco, reflects both the institution’s historic legacy and its evolving role in driving financial inclusion, sustainability, […]