Finance institutions in the Philippines have once again been recognized for their outstanding service, with Metrobank leading the way after being voted the “Most Recommended Retail Bank” in the Philippines by The Asian Banker (TAB). In a press release, TAB stated that this prestigious recognition is based on the results of the Annual BankQuality™ Consumer […]
Cryptocurrency communities in the Philippines are speaking out against a recent appeal by Infrawatch PH, a public policy think tank, urging the Securities and Exchange Commission (SEC) to ban the unregistered cryptocurrency exchanges OKX and Bitget from operating in the Philippines. The think tank’s request has stirred controversy, drawing criticism from local crypto enthusiasts who […]
The banking sector, including insurance companies and the entire Philippine financial services sector, is now undergoing a significant transformation driven by the need to deliver hyper-personalized, data-driven experiences to meet rapidly evolving customer expectations. Moderator Alvin Dave Pusing (leftmost, with mic) of PwC exchanges ideas with the other speakers at the “Asian Banking & Finance and Insurance Asia Summit“ This […]
AMD (NASDAQ: AMD) has officially launched its 5th generation EPYC processors, formerly known under the codename “Turin,” designed to elevate data center capabilities with unprecedented performance and efficiency. These new processors, which power enterprise, AI, and cloud solutions, continue AMD’s legacy of delivering cutting-edge technology for modern computing needs. At the heart of the 5th […]
Digital banks in the Philippines are encountering significant risks in maintaining asset quality as they work to serve the country’s vast unbanked and underbanked population, according to a report by Fitch Ratings. The global debt tracker noted that targeting these segments, which often have little or no credit history, poses a major challenge for digital […]
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona has officially sworn in Atty. Elmore O. Capule as the new Deputy Governor for the Corporate Services Sector. The oath-taking ceremony was held earlier this month at the BSP Head Office in Manila. BSP Governor Eli M. Remolona (left) administers the oath of office to Atty. Elmore […]
Switch, the Philippines’ trusted Apple Premium Reseller, is gearing up for a monumental event as it prepares to unveil the highly anticipated iPhone 16 series. This exciting grand reveal will take place during a special midnight launch on October 17, 2024, at Alabang Town Center – Town Plaza, promising a captivating night for tech enthusiasts […]
Cybersecurity threats are growing, with phishing scams and fraudulent calls surging dramatically in the Philippines this year. According to Whoscall, a multi-awarded anti-scam program, scam calls and text frauds recorded in the first eight months of 2024 were reported at 320,978 and over 3,032,626, respectively. These figures reflect a 200 per cent increase in cyber […]
Banking institutions are set to play a pivotal role in advancing financial inclusion across the Philippines as the Bangko Sentral ng Pilipinas (BSP) and its Financial Inclusion Steering Committee (FISC) unveil a new digital platform designed to bring essential financial services to underserved communities. With the launch of the FISC website, a one-stop hub for […]
E-payments continue to rise as the country witnesses a rapid shift towards cashless transactions. According to the latest data from the Bangko Sentral ng Pilipinas (BSP), the combined value of electronic fund transfers made via PESONet and InstaPay surged by more than 34% between January and August 2024, reaching P10.9 trillion. This marks a significant […]
