Phl has best microfinance framework

Philippine Star – The Philippines has the best policy and regulatory framework for microfinance in the world, according to the Economic Intelligence Unit (EIU). The EIU is a global consultancy and research outfit that helps business leaders prepare for opportunity, empowering them to act with confidence when making strategic decisions. Bangko Sentral ng Pilipinas (BSP) [...]

Sharing Experiences Using Mobile Money to Enable Banking Services at Next Bank Asia Event

By John V. Owens On May 9-10, 2012, I had the great honor of speaking at the Next Bank Asia in Singapore that was all about the future of banks, financial services, and money. The conference focused on the changes in the consumer market, fast evolving technology, and the key factors that are changing the [...]

Philippines lags behind peers in bank penetration, survey shows

Philippine Daily Inquirer – The Philippines is considered one of the laggards in the Asia-Pacific region in the area of financial services reach, ranking only 12th out of 15 countries in terms of the proportion of working-age population who have accounts with banks or other financial institutions. Results of a regional survey, done recently by [...]

The Future of Mobile Phone Banking in the Philippines: Global Trends for Rural Bankers to Consider (Part 3 of 3)

By: Atty. John V. Owens, MABS Chief of Party During my presentation, I shared with the audience some of the latest relevant updates and trends that we are seeing from around the world in terms of the uses of mobile money and mobile banking services. Viral Marketing & Use of Social Networks One interesting theme [...]