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SEC revokes Copperstone Lending’s certificate of incorporation, authority to operate as lending company

SEC revokes Copperstone Lending’s certificate of incorporation, authority to operate as lending company.....»»

Category: newsSource:  sunstarRelated News13 hr. 49 min. ago

BSP onboards 1st nonbank electronic money issuer

The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

La Salle s Canino comes to UAAP game day with right arm injury

After days of speculation online, DLSU Lady Spikers ace Angel Canino showed up to game day in the UAAP Season 86 women’s volleyball tournament on Thursday at the Mall of Asia Arena with a sling on her right arm, alluding to a potential arm injury......»»

Category: sportsSource:  philstarRelated NewsApr 4th, 2024

SEC revokes license of lending firm

The Securities and Exchange Commission has revoked the certificate of authority of Wealth and Personal Development Lending Inc. to operate as a lending company......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

SEC revokes license of alleged pyramid firm

The Securities and Exchange Commission has revoked the corporate registration of an investment-taking entity employing a pyramid-like scheme......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

UnionBank clinches Agora “Marketing Company of the Year” Award  

UnionBank clinches Agora “Marketing Company of the Year” Award  .....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 2024

BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao

SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

BSP Governor Eyes Potential Rate Cut as Inflation Eases

In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

BSP governor says February rate cut not likely

In statements made to the press, BSP Governor Eli Remolona said that due to the “numbers we are seeing” a rate cut “is not likely (on) February 15”, which is the next scheduled meeting date for the BSP’s Monetary Board......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Solon nangumpiska ng driver’s license sa fast food

Nairita raw ang isang lalaking mambabatas sa nakaharang na sasakyan sa parking ng fast food restaurant kaya kinuha nito ang lisensiya ng driver. The post Solon nangumpiska ng driver’s license sa fast food first appeared on Abante......»»

Category: newsSource:  abanteRelated News12 hr. 8 min. ago

LTO: Release of plastic license cards starts today

The Land Transportation Office will start today the nationwide distribution of plastic driver’s license cards, LTO chief Vigor Mendoza II announced yesterday......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024

LTO: Paper-printed driver’s license ilisan na og plastic card

LTO: Paper-printed driver’s license ilisan na og plastic card.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

EDITORIAL - Finally, plastic license cards

It says a lot about the quality of governance and ease of doing business in this country that it takes forever just to obtain a plastic driver’s license card......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

RCBC to surrender trust license

Rizal Commercial Banking Corp. (RCBC) is looking to surrender its license to engage in trust and other fiduciary business as part of its efforts to make RCBC Trust Corp. a stand-alone trust entity......»»

Category: financeSource:  philstarRelated NewsMar 27th, 2024

RCBC surrenders trust license

Rizal Commercial Banking Corp. has surrendered its license to engage in trust and other fiduciary business as part of its efforts to make RCBC Trust Corp. a stand-alone trust entity......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

Maryland License Plates Now Inadvertently Advertising Filipino Online Casino

Maryland License Plates Now Inadvertently Advertising Filipino Online Casino VICE.....»»

Category: newsSource:  manilanewsRelated NewsMar 22nd, 2024

Sagay City Dairy Farm gets license to operate

Sagay City Dairy Farm gets license to operate.....»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

LTO-7 Calls on Car and Motorcycle Owners: Claim Your Plates

The Land Transportation Office in Central Visayas has once again called on motor vehicle owners bearing temporary plates to claim their license plates at the nearest LTO office. This is because thousands of unclaimed license plates are still stacked at their storage facility in Talisay, including motorcycles and four-wheel vehicles. The only thing that the […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 2nd, 2024

LTO 7 urges motorcycle, vehicle owners to claim license plates

LTO 7 urges motorcycle, vehicle owners to claim license plates.....»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

Motorcycle, vehicle owners told: Visit nearest LTO office to claim license plates

Motorcycle, vehicle owners told: Visit nearest LTO office to claim license plates.....»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024