Social engineering scams account for 39% of fraudulent transactions and 36% of fraud-related losses in the Philippine banking industry, with fraudsters increasingly relying on deception to trick customers into transferring money or revealing sensitive information, according to the Bank of the Philippine Islands (BPI).
The Bank of the Philippine Islands (BPI) has named Maria Cristina “Ginbee” Layug-Go as its next president and CEO, succeeding Jose Teodoro “TG” Limcaoco, who will step down after six years leading the Ayala-led bank.
BPI Wealth is putting digital investing and app-based retirement planning at the center of its Wealth Wellness Month this October, highlighting how Filipinos can use online platforms to access investment products and manage their long-term finances.
The Bank of the Philippine Islands (BPI) is developing an agentic artificial intelligence (AI) system for auto loan processing as part of a broader plan to deploy the technology across customer service, credit evaluation, and other banking operations.
The Bank of the Philippine Islands (BPI) called for closer coordination among government agencies, law enforcement authorities, businesses and consumers as increasingly interconnected cyber threats put more Filipinos at risk of digital fraud.
The Bank of the Philippine Islands (BPI) is preparing to pilot a stablecoin-based settlement system aimed at reducing the cost and processing time of cross-border payments to Filipinos.
The Bank of the Philippine Islands (BPI) will permanently waive fees for interbank fund transfers made through its digital banking platforms beginning July 1, becoming one of the first major banks to align with the Bangko Sentral ng Pilipinas' (BSP) latest push to make electronic payments more affordable.
The Manila International Auto Show (MIAS) returned from April 9 to 12 at the World Trade Center Metro Manila, with Bank of the Philippine Islands (BPI) serving as the event’s exclusive banking partner.
BPI said the occasions are marked by increased online transactions — including donations, fund transfers, and purchases — are often exploited by cybercriminals who take advantage of urgency and heightened emotions.
