A Financial Safety Net Still Out of Reach for Many Filipinos
For many Filipino families, an unexpected expense can quickly become a financial burden, prompting a new push for stronger financial resilience. The Bangko Sentral ng Pilipinas (BSP) and the Global Finance & Technology Network (GFTN),with support from the UN Secretary-General’s Special Advocate for Financial Health, have launched the ASEAN Financial Health Challenge to address persistent […]
Banko Increases Daily InstaPay Transaction Limit to ₱250,000 as Ber Months Arrive
The Philippine digital payments landscape continues to evolve rapidly as BPI BanKo, the microfinance arm of the Bank of the Philippine Islands (BPI), raises its InstaPay daily transaction limit to ₱250,000, five times higher than its previous cap. In a social media post, BanKo announced its limit increase from ₱50,000 to ₱250,000 to support micro‑entrepreneurs, […]