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Mar 08 2024 Here Are the Licensed Cryptocurrency Exchanges in the Philippines
By: FintechNews
Source: fintechnewsI
n the Philippines, the fintech sector is developing at a rapid pace, fueled by booming digitalisation of the country’s payments, but also by the progressive stance towards cryptocurrency exchanges.
As the global cryptocurrency markets have endured waves of positive…
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Mar 07 2024 PH banks tap Cisco to bolster cybersecurity skills
By: Inquirer
Source: inquirer
MANILA, Philippines — American multinational technology firm Cisco has partnered with the Bankers Association of the Philippines (BAP) to provide cybersecurity training to local industry professionals.Through Cisco’s digital acceleration campaign dubbed Ugnayan 2030, banking professionals from across 13…
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Mar 06 2024 BSP to issue new guidelines for MSBs
By: Philstar
Source: philstarThe regulator has made available a draft circular on the proposed guidelines covering MSBs such as remittance transfer companies and money changers or foreign exchange dealers. Stakeholders are given until March 15 to comment on the proposed circular.
MANILA,…
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Mar 05 2024 ‘Globe bolsters security of SIM registration data’
Source: BusinessMiror
By: businessmirrorGlobe Telecom Inc. on Monday said it has completed major enhancements to its SIM registration channels, fortifying its commitment to customer identity protection initiatives.
Darius Delgado, Head of Globe’s Consumer Mobile Business, said Globe has implemented advanced encryption protocols…
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Mar 04 2024 Coins.ph Achieves Record Trading Volume with Coins TradeDesk in Early 2024
By: FintechNews
Source: fintechnewsI
n a notable development at the outset of 2024, Coins.ph, the most established Bitcoin and cryptocurrency exchange market in the Philippines, announced that its service Coins TradeDesk has achieved a trading volume of over P8 billion in January…
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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…
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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…
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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…
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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…
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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…