AIA Philam Life adapts to digital insurance selling; Champions protection during the ECQ

The Insurance Commission recently released a circular approving alternative face to face selling, providing guidelines that empower insurance companies to continue operations, and uplift consumer confidence in the industry during the current enhanced community quarantine (ECQ) period. Provisions for digital insurance sales have been put in place, giving customers access to insurance products at this…

Oriente secures US$20 million funding to fuel Cashalo’s expansion in the Philippines

Oriente, the Hong Kong-based technology and data science company unlocking financial access for Southeast Asia recently secured a US$20 million debt funding facility from Silverhorn Group, a leading Asia-focused multi-asset investment firm. The facility, which can increase up to US$50 million, will be used to grow Cashalo’s loan book and extend the reach of its…

PSBank observes maximum branches open nationwide, ATMs with cash, functional Mobile Banking App

PSBank, the country’s maaasahan bank, upholds its commitment to customers and general public amidst the Luzon-wide COVID-19 enhanced community quarantine by continuing its banking services, mobilizing its resources the best way possible. As of March 20, there are 234 PSBank branches open nationwide out of its strong 250 branch network all over the country, ready…