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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 »

THE DAY IN PHOTOS: November 11, 2021

ABS-CBN News
Posted at Nov 11 11:47 PM

Here are the day's top stories in photos. Read more »

PH, Singapore ink deal for seamless cross-border payments

ABS-CBN News
Posted at Nov 11 05:15 PM

The Bangko Sentral ng Pilipinas on Thursday said it signed a deal for seamless cross-border payments between the Philippines and Singapore. Read more »

PH, Singapore to boost digitalization of 5,000 MSMEs

Bruce Rodriguez, ABS-CBN News
Posted at Oct 21 04:54 PM

DTI and the Monetary Authority of Singapore (MAS) on Thursday launched a program that aims to help digitalize at least 5,000 Filipino small businesses. Read more »

1 in 5 payments now digital, says BSP

Jessica Fenol, ABS-CBN News
Posted at Oct 18 06:49 PM

One in 5 payments in the Philippines is now done digitally as the country moves towards its digitalization goals, the central bank said. Read more »

How digital trade can address surging global shipping costs

Bruce Rodriguez, ABS-CBN News
Posted at Oct 06 11:22 PM

The study showed trade facilitation agreements between Asia Pacific economies can benefit from the shift toward trade digitalization. Read more »

BSP seen keeping rates low for extended period

Jessica Fenol, ABS-CBN News
Posted at Sep 22 03:15 PM

The BSP is likely to maintain an accommodative monetary policy for an "extended period of time," an official of Citi Philippines said. Read more »

InstaPay, PESONet transactions post 2021 growth

ABS-CBN News
Posted at Sep 17 01:15 PM

Both InstaPay and PESONet fund transfers have registered significant growth in terms of the transaction value for the first 7 months of 2021, the Bangko Sentral ng Pilipinas said Friday. Read more »

'Some social biz did better than others amid COVID'

ABS-CBN News
Posted at Aug 27 01:31 PM

Some social enterprises performed better than others amid the COVID-19 pandemic, a group of social entrepreneurs said Friday. Read more »

Women taking lead in Asia Pacific, PH fintech sector

Bruce Rodriguez, ABS-CBN News
Posted at Aug 24 10:51 PM

Women leaders across the Asia-Pacific are taking the lead in the fields of technology and finance. Read more »

Philippine e-commerce seen growing faster than forecast

Bruce Rodriguez, ABS-CBN News
Posted at Aug 17 06:55 PM

Philippine e-commerce services provider Etaily said it believes the country can become a major hub for digital commerce in Southeast Asia. Read more »

PPPs seen boosting PH digital ecosystems

Bruce Rodriguez, ABS-CBN News
Posted at Aug 11 08:32 PM

Public-private partnerships can help the Philippines catch up with its Southeast Asian peers in creating digital ecosystems, a consulting firm said. Read more »

Most Filipinos willing to retrain for different jobs: Jobstreet survey

Jessica Fenol, ABS-CBN News
Posted at Jul 19 03:24 PM

At least 77 percent of Filipino workers are "willing to be retrained for a different job as needed," Jobstreet Philippines said in a virtual briefing.  Read more »

BSP likely to 'accomplish' digitalization goals by 2022: Diokno

ABS-CBN News
Updated as of Jun 01 03:50 PM

The Bangko Sentral ng Pilipinas could achieve its digitalization goals before the end of 2022, BSP Governor Benjamin Diokno said Tuesday. Read more »

Digitalization crucial for economy to 'remain viable': Finance chief

ABS-CBN News
Posted at May 26 11:50 AM

The economy should speed up the adaption of digitalization to "remain viable" as the old brick-and-mortar strategy is no longer enough to meet the changing needs of consumers, Finance Secretary Carlos Dominguez III said Wednesday.  Read more »

BSP's digital dream: Electronic payments for sari-sari stores, tricycle drivers

ABS-CBN News
Updated as of May 07 10:52 AM

Part of the Bangko Sentral ng Pilipinas' digital transformation roadmap is to penetrate the micro level in terms of digital payments, Deputy Governor Mert Tangonan said Friday. Read more »

BSP bats for stronger, 'digitalized' post-pandemic economy

Jessica Fenol, ABS-CBN News
Posted at Apr 26 02:24 PM

The Bangko Sentral ng Pilipinas is working with the government not just in terms of pandemic recovery but also in building a stronger and "digitally advanced new economy", the central bank's chief said Monday.   Read more »

Expanded access to satellite technology to boost digitalization in PH: BSP

Bruce Rodriguez, ABS-CBN News
Posted at Apr 15 06:10 PM

The Bangko Sentral ng Pilipinas said Thursday the measure meant to expand internet providers' access to satellite services will "contribute" to its financial inclusion and digitalization goals. Read more »

EU to borrow around 150 billion euros annually for recovery fund

Reuters
Posted at Apr 14 05:13 PM

The European Commission plans to borrow around 150 billion euros annually until 2026 to finance the bloc's unprecedented plan to make its economy greener and more digitalized, making it the biggest issuer in euros, a document from the Commission showed. Read more »

SSS tells half of staff not to report to office in areas under GCQ

ABS-CBN News
Posted at Mar 22 08:06 PM

SSS said the move aims to minimize the risk of exposure of the transacting public and its employees to COVID-19 amid the recent surge in cases. Read more »