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BSP strengthens fight vs cyber fraud; shares e-safety tips to protect consumers

ABS-CBN News
Posted at Jan 18 12:28 PM

The Bangko Sentral ng Pilipinas on Tuesday said it is working with financial institutions and industry players to establish a national approach against cyber fraud. Read more »

BSP says online fraud cost P540 million in 2021

Sherrie Ann Torres, ABS-CBN News
Posted at Jan 17 06:53 PM

From 2020-2021, there were 42,456 complaints from victims of phishing, identity theft, malware attacks, and other types of fraud, the BSP said. 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 »

PayPal says it is not pursuing Pinterest acquisition

Reuters
Updated as of Oct 25 08:53 PM

PayPal Inc is not pursuing an acquisition of Pinterest Inc at this time, the payments company said late on Sunday. Read more »

How to get P500 savings on your next bill this payday

PayMaya
Updated as of Oct 12 03:22 PM

Get more out of paying your bills this payday as this digital payments app offers up to P500 savings on your Meralco bill. Read more »

GCash, BPI to work closer amid digital competition: JAZA

Warren de Guzman, ABS-CBN News
Posted at Sep 24 04:34 PM

Jaime Augusto Zobel de Ayala said GCash and BPI have been instrumental in each others’ success and this collaboration will become more apparent over time. Read more »

PayMaya gets digital bank license from Bangko Sentral

ABS-CBN News
Posted at Sep 20 01:24 PM

PayMaya has secured a digital bank license from the Bangko Sentral ng Pilipinas, PLDT said on Monday. Read more »

Epic Games to appeal ruling in Apple case

Reuters
Posted at Sep 13 08:30 AM

'Fortnite' game maker Epic Games on Sunday said in a legal filing that it plans to appeal a ruling in its antitrust case against Apple Inc after a federal judge on Friday handed down a mixed decision. Read more »

PayPal buying Paidy, Japanse buy now pay later for $2.7-B

Agence France-Presse
Posted at Sep 08 01:26 PM

US online payment giant PayPal is set to buy the online Japanese credit specialist Paidy for $2.7 billion, the US company said in a statement. Read more »

Apple loosens App Store rules on content companies

Stephen Nellis, Reuters
Posted at Sep 02 09:42 AM

Apple will loosen App Store rules that have banned companies like Netflix Inc from giving customers a link to create a paid account to bypass Apple's in-app purchase commissions. Read more »

Fintech NextPay targets P1 billion annual transactions

ABS-CBN News
Updated as of Aug 30 11:34 AM

Philippine fintech startup NextPay said it aims to grow its transaction volume to over P1 billion annually over the next 2 years. Read more »

Telco shares surge anew, a stock market trades flat

ABS-CBN News
Posted at Aug 26 02:47 PM

Share prices of Globe Telecom and PLDT continued to rise sharply on Thursday, with DITO CME Holdings and Converge ICT also outperforming the market. Read more »

GCash says transactions hit P300 billion a month

ABS-CBN News
Posted at Aug 18 03:30 PM

GCash said it now processes around P300 billion in monthly transactions as registered users of the app reached around 46 million as of end-July. Read more »

Is your wallet ready for another ECQ?

Aneth Ng-Lim
Posted at Aug 09 03:20 PM

Is your wallet ready for another ECQ? I confess my wallet isn’t, even though I am assured of a salary for the next two weeks. 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 »

BIR to allow taxpayers to file 'anywhere' amid COVID-19 surge

ABS-CBN News
Posted at Mar 29 10:03 PM

The Bureau of Internal Revenue (BIR) on Monday said taxpayers can file returns and pay taxes outside the Revenue District Office where they are registered from March 22 to April 30.    Read more »

BIR says fewer tax collections last year, but more tax-paying businesses

ABS-CBN News
Posted at Jan 25 06:50 PM

The Bureau of Internal Revenue said Monday it collected P1.94 trillion taxes last year, 11.23 percent less than the P2.19 trillion in 2019 as taxpayers were unable to pay taxes amid the pandemic. Read more »

Bayad says PH payments remain soft but poised to recover

ABS-CBN News
Posted at Jan 22 01:30 PM

Formerly known as Bayad Center, biller aggregator Bayad said Friday that payments in the country is poised to recover despite being stalled by limited income and extended payment periods from billers. Read more »

Bayad Center relaunches as 'Bayad', expands into online payments, mobile app

Nika Lazo, ABS-CBN News
Posted at Jan 21 03:43 PM

Formerly known as Bayad Center, payments firm Bayad is announced Thursday it is expanding its services through its newly launched online payments platform and mobile app. Read more »

New on-demand delivery app Amigo goes online February

ABS-CBN News
Posted at Jan 21 12:39 PM

A new entrant on the on-demand delivery service, the Amigo app, will start servicing Filipinos in February. Read more »