AGP Executive Report
Last update: 2 hours agoDigital Payments Expansion: Philippines’ DOTr rolled out cashless fare payments on LRT-2, letting riders use Visa/Mastercard cards, NFC phones and wearables, plus GCash Commute QR at fare gates. Banking Regulation & Cybersecurity: Canada’s OSFI warned major banks that advanced AI models like Anthropic’s Claude Mythos could compress the time available to spot and fix cyber weaknesses. Monetary Policy Shift: Ethiopia’s central bank removed the commercial lending credit cap, saying it has met the transition goal for moving to indirect monetary tools. Digital Credit Milestone: Bangladesh’s City Bank and bKash said joint nano-loan disbursements topped Tk 10,000 crore, with loans delivered in under a minute via the app. Bank Quality Watch: Rupali Bank’s auditor flagged a Tk 14,014.48 crore provision shortfall and multiple regulatory non-compliances in its 2025 report. AI Hiring Push: India’s Indian Bank plans to hire about 20 AI specialists over 5–6 months, targeting cybersecurity, risk, KYC and fraud-related use cases. Banking Dealmaking: First Hawaiian Bank agreed to buy TriCo Bancshares in an all-stock deal creating a ~$34bn-asset combined bank. Crypto & Markets: Kalshi launched Kalshi Pro, a desktop trading platform for professional prediction-market traders.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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