Amidst rising bad loans, Moody’s says RCBC to face big challenges in sustaining capital this 2024
Rizal Commercial Banking Corporation (RCBC), one of the Philippines’ leading banks, is anticipated to encounter a significant rise in bad…
Super Typhoon Carina shuts PH financial markets down amid floods comparable to Ondoy in 2009
by Jan Michael Carpo, Reporter Super Typhoon Carina, internationally known as Gaemi, wreaked havoc on the Philippine financial markets on…
BSP supports war against financial cyber crimes, welcomes passage of RA No. 12010 (AFASA)
The Bangko Sentral ng Pilipinas (BSP) recently welcomed the passage of Republic Act No. 12010 or the “Anti-Financial Account Scamming…
CrowdStrike’s new software update sparks global disruptions, exposing tech dependence risks
by Jan Michael Carpo, Reporter Last July 19, a catastrophic software update from security company CrowdStrike brought global IT disruptions,…
GoTyme Bank leads digital banking growth in PH, welcomes 1.7 million new customers in 2024
In an impressive display of growth and customer satisfaction, GoTyme Bank has established itself as the Philippines’ fastest-growing digital bank,…
July 19 IT meltdown caused by ‘Falcon Sensor’ exposes vulnerability in banks’ digital systems
Several major banks in the Philippines experienced significant outages recently due to a sweeping technical glitch caused by the cybersecurity…
Chinabank scores big at “Asian Banking and Finance Awards 2024” with multiple accolades
Chinabank’s exceptional performance and strategic achievements were celebrated at the prestigious Asian Banking and Finance (ABF) Awards 2024, held earlier…
Mapúa University partners with Cisco for launch of AI-powered digital classrooms in August 2024
by Jan Michael Carpo, Reporter In a bold move to modernize education in the Philippines, Mapúa University, a premier engineering…
A crypto enthusiast’s story: Filipino innovator Jaydee Rebadulla shines at NYC NFT Super Bowl
Are you a crypto enthusiast? Then here’s an inspiring crypto success story for you from Kwento Co, a diverse and…
Personal remittances surge by 3.7% (US$2.88 Billion) in May, radically buoying PH economy
According to the latest data released by the Bangko Sentral ng Pilipinas (BSP), personal remittances from overseas Filipinos have increased…