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CIMB boosts financial inclusion with Lazada

Digital-only commercial bank CIMB Bank Philippines has teamed up with e-commerce platform Lazada Philippines to further advance financial inclusion and digital payments among Filipinos, targeting to onboard 500,000 borrowers within six months......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023

The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

Davao Light pushes for paperless billing

The Davao Light and Power Co., Inc. (Davao Light) is advocating for paperless billing, citing its positive impact on the environment. Fermin Edillon, the head of the Reputation Enhancement Department at Davao Light, emphasized the company's large customer base and the significant paper consumption associated with traditional billing. He highlighted the environmental benefits of opting for paperless bills, urging Dabawenyos to consider this eco-friendly alternative. Despite the availability of paperless billing options, Edillon acknowledged that some still prefer traditional paper bills. However, Davao Light has enhanced its paperless bill services, offering options such as the MobileAP app for internet users and the Ebill text option for those without internet access. While promoting paperless billing, Edillon clarified that traditional paper bills will still be available. Residents expressed support for paperless billing, citing its convenience, but also emphasized the need for considerations, especially for those less proficient with technology. The push for paperless billing aligns with efforts to reduce environmental impact and enhance customer convenience......»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

Earn the highest interest rate on your savings up to 15% p.a. with CIMB summer promo

Until March 31, you can earn up to 15% per annum (p.a.) interest on your savings with CIMB’s Sunk15sed Promo......»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024

Buyco-Ramil duo rules SUGBU doubles kegfest 

CEBU CITY, Philippines — Senior keglers Geff Buyco and Chris Ramil tandemned in winning the Sugbuanon Bowlers United (SUGBU) Doubles Event Bowling Tournament on Sunday, January 28, 2024, at the SM Seaside City Cebu Bowling Center.  Buyco and Ramil finished the four-game doubles event competition with a total of 1,468 pinfalls against 13 other pairs.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

800% increase in fire damage in Mandaue in 2024

800% increase in fire damage in Mandaue in 2024.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

UnionDigital Bank revenue grows to over P5 billion

UnionDigital Bank, the digital banking arm of Aboitiz-led Union Bank of the Philippines, saw its revenue grow to over P5 billion in 2023 mainly driven by higher deposits and loans......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Doubles champ Eala improves 63 spots in world tennis rankings

Fresh off winning her first professional doubles tennis title, Alex Eala jumped 63 spots in the Women’s Tennis Association (WTA) women’s doubles’ rankings......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

Eala, Semenistaja turn foes to friends in ITF Pune doubles finals march  

Alex Eala finds a singles rival but a winning doubles partner in Latvian Darja Semenistaja, while Francis Casey Alcantara reaches the title round of another doubles event in India.....»»

Category: newsSource:  rapplerRelated NewsJan 26th, 2024

Consumers express mixed reactions on slight power rate increase

Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

BPI profit hits record high P51.7 billion in 2023

“The bank’s solid financial performance is a reflection of its strengthened customer franchise and deeper customer engagement which led to record volumes and market share gains in several businesses,”.....»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Two Costly Marketing Missteps Small Businesses Must Avoid

Marketing is a crucial tool for any small business looking to grow its customer base, increase revenue, and establish a foothold within its industry. However, many businesses make common marketing mistakes that can hinder their progress and ultimately lead to missed opportunities. Here are two such missteps that small businesses must avoid at all costs. […].....»»

Category: newsSource:  metrocebuRelated NewsApr 3rd, 2024

Market ends 2-day slump, bounces above 6,800

The stock market ended a brief two-day bleeding as it made its way back to the 6,800 territory......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Market tumbles below 6,800 amid profit taking

The stock market fell below the 6,800 level yesterday as investors continued to engage in profit taking following its recent rally......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Malabon releases P2.4 million aid for 800 poor residents

Over 800 poor residents from Malabon City received P2.4 million in financial assistance under the national government’s Assistance to Individuals in Crisis Situations on Friday......»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

BFP Mandaue: Danyos sa sunog misaka’g 800%

BFP Mandaue: Danyos sa sunog misaka’g 800%.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

800 turtle hatchlings released in Zambales

800 turtle hatchlings released in Zambales.....»»

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

Maya is '1 Digital Bank in PH

Maya now stands as the #1 Digital Bank in the Philippines, revolutionizing the industry with its unified payments and banking services on one digital platform. In 2023, Maya saw a remarkable increase in users, with 3 million depositors, more than double the previous year, and a deposit balance reaching PHP25 billion, a 69% increase from […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 10th, 2024

Barbie and customer service

This happened last year. I was just reminded of it given the awards season in Hollywood. Little did I anticipate that a valuable lesson in customer service awaited me on a leisurely Saturday evening, just as I was settling down to enjoy the blockbuster hit “Barbie” with my wife and six children......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

3 Signs That Your Business is Doing Great

Ever found yourself wondering about your business’s true state? Let’s dive into less obvious signs quietly telling you it’s not just okay—it’s in a great spot. Beyond usual metrics, consider the vibe of your customer interactions. If there’s a genuine connection forming, it’s heartening. Think about the personal touch in your customer service and the […].....»»

Category: newsSource:  metrocebuRelated NewsMar 2nd, 2024