News

BDO Unibank probes fraud claims, to offer refund

ABS-CBN News
Posted at Jan 12 12:15 AM

BDO Unibank has vowed to offer a refund to clients who have fallen victim to alleged unauthorized transactions, but they have to wait until the investigation is over. Read more »

NBI urges public to report unauthorized bank transactions

ABS-CBN News
Updated as of Jan 12 12:08 AM

The National Bureau of Investigation called on the public to report to the agency any suspicious and unauthorized bank transactions. Read more »

'Biometrics,' isa sa tinitingnang sagot sa mga 'naglalahong' pera sa bangko

ABS-CBN News
Posted at Jan 11 09:57 PM

Pinag-aaralan na ng ilang bangko ang paggamit ng biometrics identification para sa mga transaksiyon, kabilang dito ang fingerprint reader, facial recognition, at iris scanner. Read more »

Bank fraud, iniimbestigahan na ng BSP

ABS-CBN News
Posted at Jan 11 02:48 AM

Iniimbestigahan na ng Bangko Sentral ng Pilipinas ang mga ulat ng nawawalang pera sa bank accounts. Read more »

World Bank upgrades global growth forecasts

Heather Scott, Agence France-Presse
Posted at Jan 10 08:12 AM

For the first time in many years, the World Bank's outlook for the global economy is better than expected rather than worse, with all regions seeing improved growth, according to its latest forecast released Tuesday. Read more »

Metro Manila flood control project may start in Jan, gov't says

ABS-CBN News
Posted at Jan 09 04:03 PM

A $500-million flood control project in the capital can be implemented in January, the Department of Finance said Tuesday. Read more »

Bitcoin is an asset, not a currency, says Israel's central bank

Reuters
Posted at Jan 08 09:39 PM

JERUSALEM - Israel's central bank said on Monday it would not recognize virtual currencies such as bitcoin as actual currency and that it was difficult to devise regulations to monitor the risks of such activity to the country's banks and their clients. Read more »

UnionBank acquires Isabela-based thrift bank

ABS-CBN News
Posted at Jan 02 04:11 PM

Union Bank of the Philippines said Tuesday its unit, City Savings Bank, would acquire an Isabela-based thrift bank. Read more »

Huling araw ng palitan ng lumang pera, dinayo

ABS-CBN News
Updated as of Dec 30 01:34 AM

Ayon sa Bangko Sentral ng Pilipinas, non-extendable na ang deadline na kanilang itinakda ngayong Biyernes, Disyembre 29, upang papalitan ang mga lumang pera. Read more »

Perang walang 'mukha', magagamit pa rin pero...

ABS-CBN News
Posted at Dec 28 11:20 PM

Hindi pa matukoy ng Bangko Sentral ng Pilipinas kung ilang piraso at magkano ang kabuuang halaga ng misprinted o maling imprenta ng perang papel ang nasa sirkulasyon ngayon. Read more »

Funding crunch shuts bank that gave hope to Mumbai's sex workers

Roli Srivastava, Thomson Reuters Foundation
Posted at Dec 28 07:37 PM

MUMBAI - On a weekday afternoon in the dusty streets of Mumbai's red light district Kamathipura, Fatima collects 20 rupees ($0.30) from men to rent a cubicle in her brothel where girls charge them up to 200 rupees for sex. Read more »

Bangko Sentral: Dec. 29 deadline to exchange old notes stays

ABS-CBN News
Posted at Dec 28 03:10 PM

The Friday deadline to exchange demonetized bank notes will stay, the Bangko Sentral ng Pilipinas said. Read more »

Perang walang ‘mukha,’ beberipikahin at iimbestigahan

ABS-CBN News
Updated as of Dec 27 11:58 PM

Bukod naman sa sisiyasatin, tinawag din ng Bangko Sentral na "isolated incident" ang perang walang mukha. Read more »

BSP to accept exchange of old bank notes on Dec. 26

ABS-CBN News
Posted at Dec 22 03:35 PM

Offices and branches of the Bangko Sentral ng Pilipinas (BSP) will accept exchange of demonetized bank notes on Dec. 26, central bank Governor Nestor Espenilla Jr. said Friday.   Read more »

For Palestinian Christians, Trump is Christmas killjoy

Agence France-Presse
Posted at Dec 22 12:37 PM

Bethlehem, Palestinian Territories - US Vice President Mike Pence may have postponed his visit, but Palestinian Christians still say Washington's recognition of Jerusalem as Israel's capital is spoiling their Christmas. Read more »

Banks announce holiday schedules

ABS-CBN News
Updated as of Dec 22 02:58 PM

Banks have announced their operating schedules for the Christmas and New Year holidays. Read more »

Banks announce Christmas, New Year holiday schedules

ABS-CBN News
Updated as of Dec 21 05:45 PM

Banks have announced their operating schedules for the Christmas and New Year holidays.   Read more »

Lalaking modus ang website sa panloloko ng may credit card, bistado

ABS-CBN News
Updated as of Dec 20 10:48 PM

Arestado ang 22 anyos na lalaking nambiktima ng mga credit card holder sa isang phishing site.  Read more »

Bitcoin warnings grow more strident as Singapore urges 'extreme caution'

Reuters
Posted at Dec 20 03:06 PM

Global financial regulators are beginning to warn the public against the risks of investing in a market that many feel is in a speculative bubble, with Singapore’s central bank on Tuesday urging “extreme caution” about buying cryptocurrencies. Read more »

New Yorkers plead guilty to 'movie-like' bank heists

Agence France-Presse
Posted at Dec 16 08:01 AM

NEW YORK, United States - Four New Yorkers have pleaded guilty to blow-torching their way into bank vaults and making off with more than $5 million in burglaries likened to a Hollywood movie, US officials said Friday.   Read more »