FINANCIAL INSTITUTIONS can now avail credit reports from the Credit Information Corporation (CIC) for an introductory fee of P10 until March 2020.

CIMB BANK Philippines, Inc. (CIMB Philippines) has partnered with Singapore-based fintech player CredoLab to streamline loan applications for “instant” credit scoring of applicants.

OUT OF THE 49 million Filipinos who do some form of money transfer -- traditional or cashless -- 4.9 million have used GCash, according to a GCash-commissioned Nielsen study.

FEDERAL RESERVE Chairman Jerome Powell, who’s noncommittal about further interest rate cuts, is facing new pressure to make a third-straight reduction in response to weakening data, volatile markets and a continued bashing from President Donald Trump.

JAPAN’S regional banks, desperate to shore up waning earnings, are making risky bets that could blow up in the next economic downturn.

ST. LOUIS -- It is “inevitable” that central banks including the US Federal Reserve will start issuing digital currency, Philadelphia Federal Reserve bank president Patrick Harker said on Wednesday, while cautioning that the United States should not be the nation to lead such a move.

HONG KONG -- Hong Kong may have lost as much as $4 billion in deposits to rival financial hub Singapore between June and August, Goldman Sachs estimated this week.

The Financial Executives Institute of the Philippines (FINEX) will hold its 51^st national conference on Oct. 11 at the Grand Hyatt Manila in Bonifacio Global City with the theme “Riding on the Opportunities of the Next Digital Wave.”

THE PESO rebounded on Thursday on weak data out of the United States which boosted bets of another rate cut in the world’s largest economy.

YIELDS on term deposits declined on Wednesday following the central bank’s decision to cut benchmark interest rates and lenders’ reserve requirement ratios (RRR).

VISA, Mastercard Inc. and other key financial partners may reconsider their involvement in Facebook Inc.’s cryptocurrency, Libra, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

TOKYO -- The Bank of Japan (BoJ) will stick to its playbook of minor tweaks and verbal warnings to rein in sharp falls in long-term interest rates, sources say, raising questions about its ability to control the yield curve while managing market expectations.