Payments Shift in the Philippines: PayMongo says the BSP-mandated QR Ph standard is now the dominant merchant payment method, hitting 55% of payment volume in H1 2026 after a 510% year-on-year jump, while card share fell to 19% and e-wallets rose to 21%. Banking Regulation (Philippines): BSP issued rules letting banks temporarily exclude certain unrealized FVOCI losses on peso government securities from regulatory capital calculations to blunt volatility from Middle East-driven market swings. Cyber & Fraud Defense (Visa): Visa launched the Visa Threat Intelligence Platform to help financial institutions detect and respond to cyber threats earlier, aiming to reduce fraud and financial loss. Risk Management (Conferences): GFMI announced its 29th Model Risk Management and 25th Third-Party Risk Management events, focusing on AI governance, SR11-7 alignment, and stronger vendor oversight. Banking Disruption (UAE): Abu Dhabi Commercial Bank reported service impacts from essential system maintenance, with partial restoration later in the day. Legal Settlement (India/UAE): Bank of Baroda agreed to an out-of-court US$600mn settlement with NMC Health entities, resolving claims tied to the group’s collapse. Remittances (Pakistan): SBP ended the Sohni Dharti Remittance Programme, closing a points-based reward scheme for overseas Pakistanis using formal channels. Tokenized Deposits (US): Cari Network expanded to 30+ banks ahead of a pilot with six design partners, adding SouthState as a new design bank. Market/Policy Watch: ESMA fined Moody’s Deutschland EUR 2.145m for CRA reporting breaches and pushed a “report once” approach to simplify EU transaction reporting.