Bill seeks to use digital transactions for credit scoring

1 month ago 45
Suniway Group of Companies Inc.

Upgrade to High-Speed Internet for only ₱1499/month!

Enjoy up to 100 Mbps fiber broadband, perfect for browsing, streaming, and gaming.

Visit Suniway.ph to learn

MANILA, Philippines — Lawmakers filed a bill allowing Filipinos to use digital transaction histories to prove creditworthiness when applying for loans and other financial products. House Bill No. 9149, or the Open Finance and Consumer Data Empowerment Act of 2025, would let lenders use alternative data alongside traditional credit information. Consumers may allow access to up
Read Entire Article