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BSP to halt new e-money applications on Dec. 16

Jessica Fenol, ABS-CBN News
Posted at Dec 02 04:05 PM

The Bangko Sentral ng Pilipinas said Thursday it would close the applications for new non-bank electronic money issuers (EMI) on Dec. 16. Read more »

Rural banks urged to use technology to stay competitive

ABS-CBN News
Posted at Dec 01 03:40 PM

Rural banks should tap technology to remain competitive in the new normal and to help boost financial inclusion in the countryside, the Bangko Sentral ng Pilipinas said Wednesday. Read more »

Bangko Sentral eyes 'offline' digital payments

ABS-CBN News
Posted at Nov 30 05:12 PM

The Bangko Sentral ng Pilipinas on Tuesday said it is eyeing offline digital payment solutions to enable transactions without the need for internet connection. Read more »

Digitalization ng mga negosyo sa PH, umaarangkada na 

TFC News
Posted at Nov 29 05:10 PM

Digital transformation ng mga negosyo sa Pilipinas, pinagtibay ng Philippine Chamber of Commerce and Industry at Zeald Limited ng New Zealand. Read more »

Union Bank's digital bank gets SEC approval

ABS-CBN News
Posted at Nov 29 12:12 PM

Union Bank on Monday said the Securities and Exchange Commission has approved the incorporation of its digital bank UnionDigital. Read more »

Maymay thanks fans for watching 'MPowered' concert

ABS-CBN News
Posted at Nov 29 11:43 AM

Maymay Entrata expressed her gratitude to all those who watched and supported her major digital concert "MPowered," which was streamed exclusively on KTX.ph over the weekend. Read more »

Unilever: U-COIN digital rewards hits over 1M users

ABS-CBN News
Posted at Nov 28 02:49 AM

The rewards program was introduced to keep up with the Filipino consumers' changing behavior due to the COVID-19 pandemic, Unilever said. Read more »

S&R hit by ransomware attack: Privacy watchdog

ABS-CBN News
Posted at Nov 24 07:48 PM

The National Privacy Commission said S&R Membership Shopping has informed it of the extent of the data compromised in the recent cyber-attack on the company. Read more »

Maymay, malaki ang pasasalamat kay Gelli de Belen

ABS-CBN News
Posted at Nov 24 03:03 PM

Nagpasalamat ang aktres na si Maymay Entrata kay Gelli de Belen sa mga tulong nito sa kanya pagdating sa pag-arte. Read more »

Virtual real estate plot sells for record $2.4 million

Elizabeth Howcroft, Reuters
Updated as of Nov 24 09:11 AM

A patch of virtual real estate in the online world Decentraland sold for a record $2.4 million worth of cryptocurrency, the buyer crypto investor Tokens.com and Decentraland said on Tuesday. Read more »

India announces bill to ban cryptocurrencies

Nivrita Ganguly, Agence France-Presse
Posted at Nov 24 05:50 AM

It is the latest such move by a major emerging economy, after China declared all cryptocurrency transactions illegal in September. Read more »

GCash says registered users reach 51 million as of October

ABS-CBN News
Posted at Nov 23 04:49 PM

Mobile wallet GCash said Tuesday it now has 51 million registered users as of the end of October. Read more »

BSP urges use of digital wallets in gift giving

ABS-CBN News
Posted at Nov 22 01:09 PM

The Bangko Sentral ng Pilipinas said Monday it is encouraging the public to use digital wallets when sending cash gifts this holiday season. Read more »

ILO, Google to launch programs for women entrepreneurs

Jessica Fenol, ABS-CBN News
Updated as of Nov 17 12:23 PM

The ILO has partnered with Google for programs to support women entrepreneurs in Thailand, Malaysia and the Philippines. Read more »

BSP eyeing central bank digital currency use in 'near future'

ABS-CBN News
Updated as of Nov 16 12:57 PM

The Bangko Sentral said it is eyeing the use of central bank digital currencies (CBDC) but for wholesale transactions not retail in the "near future." Read more »

GCash not keen having own digital bank

Art Fuentes, ABS-CBN News
Posted at Nov 15 08:54 PM

GCash said it has no plans of applying for a digital banking license like its main competitor as it prefers to remain a platform for other financial institutions. Read more »

BIR to strengthen fintech tax regulations

ABS-CBN News
Posted at Nov 12 05:22 PM

The Bureau of Internal Revenue will strengthen tax regulations for the financial technology industry as online transactions continue to gain traction during the COVID-19 pandemic, the Finance Department said Friday. Read more »

BSP eyes cross-border payment pact with Malaysia, Thailand

Warren De Guzman, ABS-CBN News
Posted at Nov 12 05:08 PM

The BSP is looking to make it easier for Filipinos to transact with businesses and individuals across the ASEAN region. Read more »

‘December to Forget’: Automakers, retailers cut TV ads amid supply chain woes

Joseph White, Sheila Dang and Arriana McLymore, Reuters
Posted at Nov 12 08:45 AM

For years, luxury vehicle brands have promoted holiday season sales with slogans like Lexus's "A December to remember." Read more »

Peter Jackson sells Weta Digital tech assets for $1.6-B

Agence France-Presse
Posted at Nov 12 07:27 AM

New Zealand film director Peter Jackson announced the sale of his Oscar-winning Weta Digital special effects business to a US software firm. Read more »