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Mar 01 2024 GCash expands to South Korea
By: Philstar
Source: philstarGCash is a mobile wallet service by Globe Telecom.
MANILA, Philippines — E-wallet giant GCash has added another Asian country to its reach, this time expanding to South Korea to serve the financial needs of Filipinos living and working there.
GCash yesterday said it has tied up with Seoul-based broker E9pay to extend another remittance…
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Feb 29 2024 Citystate Savings Bank taps Geniusto PHL for e-wallet
By: BusinessMirror
Source: businessmirrorPartnership Citystate Savings Bank President Jaime Valentin L. Araneta (left) and Geniusto Philippines’s President Shane Hermans are seen at their partnership contract signing held at the Ascott Boardroom, Taguig City on Tuesday (February 27, 2024). CSBank intends to come up with its own e-wallet to better serve its clients and boost its digitalization…
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Feb 27 2024 Value, volume of transactions made via InstaPay and PESONet climb at end-Jan.
By: BusinessWorld
Source: businessworldTHE VALUE and volume of electronic fund transfers that went through PESONet and InstaPay continued to rise as of January from a year ago, based on data from the Bangko Sentral ng Pilipinas (BSP).
The combined value of transactions done via the BSP’s automated clearing houses InstaPay and PESONet climbed by 36.5% to P1.305…
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Feb 26 2024 ADB Grants to Fund Digital Transformation for 9 Philippine Rural Banks
By: FintechNews
Source: fintechnewsT
he Asian Development Bank (ADB) has allocated grants amounting to US$655,000 to support the digitalisation efforts of nine rural banks, plus a bank consortium in the Philippines. This financial assistance aims to facilitate these banks in adopting digital technologies to enhance their services, especially for the country’s underserved communities.
The banks set to benefit…
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Feb 23 2024 Taxing pixels: Taking a byte out of the digital pie
By: Philstar
Source: philstarThe ITA aims to institute the promotion and maintenance of a robust e-commerce environment in the country by building trust between online merchants and online consumers as a policy of the State.
Reshaping e-commerceDespite the promise of convenience and growing popularity of electronic commerce (e-commerce), the widespread use of digital trade platforms has proven…
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Feb 22 2024 Gov’t, AMLC, renew vow to combat ‘dirty money’
By: ManilaBulletin
Source: manilabulletin
The Bangko Sentral ng Pilipinas (BSP)-led Anti Money Laundering Council (AMLC) said Tuesday, Feb. 20, that it has secured once more the full commitment of various government agencies to strengthen the fight against money-laundering and terrorist financing in the country.
“In the meeting (on Feb. 7), all concerned agencies expressed commitment to complete their… -
Feb 21 2024 -
Feb 20 2024 Telcos split on need for AI rules
By: Philstar
Source: philstarMANILA, Philippines — Should the use of artificial intelligence (AI) be regulated?
Telco leaders are divided on whether the government should introduce legislation on AI to mitigate potential threats like job losses and online fraud.
In separate interviews with The STAR, telco magnates Dennis Anthony Uy, Manuel V. Pangilinan and Ernest Cu gave their take…
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Feb 19 2024 -
Feb 19 2024