The Philippine financial system experienced substantial growth with a 7.9% increase in resources, reaching P33.66 trillion in January from P31.18 trillion the previous year, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP). This considerable expansion predominantly stems
March 19, 2025Ant International has officially launched its embedded finance service for e-commerce small and medium-sized enterprises (SMEs) in Brazil. This ambitious initiative aims to bolster local and regional economic development, spearheaded by Ant International’s AI-driven lending business, Bettr, in c
March 18, 2025As the cryptocurrency market continues to grow and evolve, decentralized finance (DeFi) platforms like Aave have gained significant attention for their innovative approach to lending and borrowing. For those who are unaware, Aave is built on the Ethereum blockchain and has revolutionized the way
March 7, 2025In a recent development within the financial technology landscape, Kroll Bond Rating Agency (KBRA) has assigned preliminary ratings to the notes issued by Pagaya AI Debt Grantor Trust 2025-2 and Pagaya AI Debt Trust 2025-2 (PAID 2025-2). This marks a significant milestone for Pagaya Technologies
March 5, 2025Chicago Mayor Brandon Johnson's proposal to borrow $830 million for infrastructure repairs has not only raised eyebrows but has also sparked a fierce political debate regarding the city's fiscal prudence. The plan aims to tackle Chicago's dilapidated streets, sidewalks, and bridges,
February 24, 2025In today's fast-paced world, financial stability can often seem elusive, especially for those battling poor credit scores. Traditional financial institutions tend to impose stringent eligibility criteria, effectively shutting the door on individuals who lack pristine credit histories. This can
February 20, 2025