Daily Archives

Software teams developing COVID-19 contact-tracing apps for local government units (LGUs) are advised to incorporate a privacy-by-design (PbD) approach and allow users to opt in and out of digital contact tracing.

The recommendations are provided by the Data Security and Compliance Office of the National Privacy Commission (NPC). The NPC is currently conducting compliance checks on…

Finance Secretary Carlos Dominguez III has commended the Securities and Exchange Commission (SEC) for keeping its high standard of “responsive and reliable” service in overseeing the corporate sector and protecting investors despite the limitations set by the COVID-19 pandemic.

Dominguez noted that the SEC has made possible the continued operations of the stock and fixed income…

A LAWMAKER on Friday pushed for the passage of several measures aimed to modernize the country’s banking sector.

During a virtual hearing of the House Banks and Financial Intermediaries Committee, House Ways and Means Chair Jose Maria Clemente S. Salceda pushed for the passage of House Bill No. 5193 or the Virtual Banking Act, which will…

Vigilance among individuals and businesses alike are greatly needed now especially since criminals continue to become more sophisticated even in the digital world.

In a virtual briefing Friday, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said this necessity was highlighted in the Anti-Money Laundering Council’s (AMLC) Analysis of Financial Crimes Trends during the coronavirus disease…

Chinese technology company Alibaba Group reported that its system handled all the transactions during the 11.11 shopping festival this year with no glitches

Alibaba Group attributed the zero-downtime operation during the largest online shopping event to its infrastructure upgrade of Alibaba Cloud, its digital technology and intelligence backbone.

In a virtual briefing with Manila-based media Thursday, Alibaba…

Mindful of the critical role of the IT and Business Process Outsourcing industry in the economic growth in the Philippines with a 7.3% contribution in the GDP, industry experts and global leaders in the country gathered and discussed the roadmap for 2022 at the 12th International Innovation Summit (IIS).

Dubbed as one of the two pillars…