Category: News

calendar_today August 9, 2023 schedule 3 min read

Union Digital Bank partners with AirAsia, airasia Superapp, and fintech firm BigPay

UnionDigital Bank Inc., a division of the Aboitiz-led Union Bank of the Philippines, has recently signed a strategic collaboration agreement…

Tags

AirAsia, airasia Superapp, BigPay Malaysia, financial accessibility, flights, hotels, loyalty programs, ride-hailing, UnionDigital Bank Inc.

By Ralph Fajardo

calendar_today August 8, 2023 schedule 4 min read

Japan-based credit rating agency gives PH a “positive” outlook, affirms BBB+ rating

​Rating and Investment Information, Inc. (R&I), a Japan-based credit rating agency, has affirmed the Philippines’ credit rating of “BBB+” and…

Tags

credit rating agency, economy, fiscal consolidation, investment grade, Philippine Development Plan, R&I, robust macroeconomic fundamentals, stable outlook

By Ralph Fajardo

calendar_today August 8, 2023 schedule 4 min read

AWS announces new generative AI innovations and digital skills offerings

New fellowship for climate tech startups also tackled at AWS Summit in New York Amazon Web Services (AWS) recently hosted…

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Amazon Bedrock, Amazon EC2 P5, AWS HealthScribe, convergence of technological progress, Generative AI, sparks of invention, transformative technologies

By Ralph Fajardo

calendar_today August 7, 2023 schedule 3 min read

Coin deposit machines gain traction, reaching over P18.8M deposits since launch in June

The Bangko Sentral ng Pilipinas (BSP)’s Coin Deposit Machines (CoDMs) have started to gain traction, with a number of Filipinos…

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artificial coin shortage, BSP, CoDMs, e-wallets, GCash accounts, idle coins, Maya, shopping vouchers

By Ralph Fajardo

calendar_today August 7, 2023 schedule 7 min read

SCG announces Q2/2023 results with recovery and readiness amidst a volatile global economy

SCG’s Q2/2023 operating results have seen a business recovery due to swift adjustments to operational plans amid a slowing ASEAN…

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end-to-end clean electricity services, integrated petrochemical complex, operating results, Plastic from eucalyptus woodchips, SCG, SCG Decor, Thermal media

By Ralph Fajardo

calendar_today August 4, 2023 schedule 2 min read

RCBC completes transaction with Japanese banking giant, gains P27 billion in capital infusion 

To increase its funding source, the Yuchengco-led Rizal Commercial Banking Corp. (RCBC) recently concluded the sale of its shares to…

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banking, Consumer finance, global financial group, leasing, Rizal Commercial Banking Corp., securities, Sumitomo Mitsui Banking Corp.

By Ralph Fajardo

calendar_today August 4, 2023 schedule 4 min read

GFI joins forces with Digital Pilipinas, appoints its convenor as Honorary Global Lead

Digital Pilipinas, the largest private sector-led movement for creating an innovation and technology ecosystem in the Philippines that is actively…

Tags

Digital Pilipinas, Fintech Festival, Global Fintech Institute

By Ralph Fajardo

calendar_today August 3, 2023 schedule 3 min read

DOE urges 4Ps beneficiaries to avail of the gov’t’s “electricity lifeline program”

Are you one of those now facing problems as to where to get money to pay for your high electricity…

Tags

4Ps, provincial poverty threshold

By Ralph Fajardo

calendar_today August 3, 2023 schedule 2 min read

TikTok announces new text format-only feature as alternative to ‘X’ (formerly known as Twitter)

TikTok, a social media site that is popular for its addictive video content, announced recently that it is now allowing…

Tags

data scraping, Elon Musk, system manipulation, text-only submissions, TikTok, Twitter backlash

By Ralph Fajardo

calendar_today August 2, 2023 schedule 6 min read

BPI’s ‘TrustTech Movement’ with Digital Pilipinas launched, receives strong government support

Based on the latest update from the Cybercrime Investigation and Coordinating Center (CICC), more than 6,200 cybercrime cases have already…

Tags

BPI, cyber protection, cybercrime incidents, Cybercrime Investigation and Coordinating Center, Digital Pilipinas, Philippine Startup Week, Phillipine Fintech Festival 2023, TrustTech Movement

By Ralph Fajardo