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Dec 05 2020 
More Filipino execs prioritizing digital transformation – survey
More than half of Filipino executives are prioritizing the digital transformation of their business in the next two years, a study from the IBM Institute for Business Value said.
The institute conducted a global study on coronavirus disease 2019 (COVID-19) and the future of business from April to August 2020, which found that digital transformation is…
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Dec 05 2020 
BSP releases guidelines for establishment of digital banks
THE BANGKO SENTRAL ng Pilipinas (BSP) has released the guidelines for establishing digital banks in the country, giving it a distinct classification to boost the sector’s delivery of financial services to consumers.
BSP Circular No. 1105 signed by BSP Governor Benjamin E. Diokno on Dec. 2 defines a digital bank as an institution that offers financial…
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Dec 05 2020 
Labor Department and RCBC to Disburse Funds for Displaced Filipino Workers
Rizal Commercial Banking Corporation (RCBC) and the Department of Labor and Employment (DOLE) will collaborate for an efficient and quick digital disbursement of cash assistance to displaced local and overseas workers affected by the COVID 19 pandemic.
The funds will be disbursed through InstaPay bank transfers and RCBC’s DiskarTech app to the targeted beneficiaries as identified and verified by DOLE.…
