- TransUnion Philippines becomes the first credit bureau to partner with the BSP on a national digital financial literacy initiative, sealed through an MoA at the 2025 Financial Education Stakeholders’ Congress.
- A new interactive course, 'Understanding and Managing Your Credit Score',will be launched on the BSP E-Learning Academy and BSP Mobile App to help Filipinos build stronger credit profiles.
- The initiative supports the country’s push for financial inclusion, responding to rising demand for financial education and expanding access through nationwide digital platforms and social media.
TransUnion Philippines has become the first credit reference agency in the country to formally collaborate with Bangko Sentral ng Pilipinas on a digital financial literacy initiative, marking an important moment in the nation's efforts to build a more financially informed populace. The partnership was sealed through a Memorandum of Agreement signed during the BSP 2025 Financial Education Stakeholders' Congress held on November 18, 2025, attended by key leaders from both organizations who gathered to affirm their shared commitment to promoting financial empowerment. The agreement focuses on the development of a national-level credit education module to be showcased on the BSP E-Learning Academy, which is a digital learning platform designed to help Filipinos improve their financial literacy.
Under this partnership, TransUnion will develop an interactive online course called 'Understanding and Managing Your Credit Score', expected to be publicly accessible by next year. This course will help demystify the way credit scores work and help Filipinos build and maintain strong credit profiles. It will have engaging slide shows, scenario-based activities, and video content that will be suited for all learners of any age and depth in financial literacy. By housing the module on BELA and the BSP Mobile App, this undertaking assures accessibility throughout the nation and aligns with the long-term objective of the BSP in preparing its citizens with what they need to succeed in the digital financial world.
The partnership is especially timely as more Filipinos become interested in financial education. According to data from TransUnion's 2025 Credit Perception Index, 68% of Filipinos want more resources on finance to better manage their money. The same research emphasized that social media is a strong driver of financial behavior, with 60% of respondents identifying it as the most preferred channel for consuming financial information.
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TransUnion will further expand the reach of the learning module by publishing supporting content on all its social media platforms, ensuring the content is accessible across multiple touchpoints and in a manner aligned with how Filipinos consume financial information.
TransUnion Philippines President and CEO Peter Faulhaber said that financial empowerment begins with accessible knowledge. For him, the partnership with BSP is a “monumental step forward” in the cause of two of the most important pillars of national development: financial literacy and financial inclusion. He added that educating Filipinos better about credit would further open doors to better financial opportunities and help the country attain its aspiration of reaching upper-middle-income status.
During the event, BSP also hailed TransUnion Philippines as a 'Promising Financial Education Partner' for its constant efforts to advance financial inclusion through collaboration and education. Once launched, the 'Understanding and Managing Your Credit Score' module shall be open to all Filipinos free of charge through BELA and through the BSP Mobile App downloadable from major app stores, a huge leap toward democratizing access to credit knowledge nationwide.
