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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

Globe gets P1.5 billion from tower sale

Wireless giant Globe Telecom has received P1.5 billion from its tower sale with PhilTower Consortium Inc., pumping in additional cash to pay for capital expenditures and maturing debts......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Globe sets 2024 capex at P55 billion, a 5-year low

Mobile giant Globe Telecom Inc. is bringing down its capital expenditures to a five-year low of P55 billion in 2024, as the telco works on attaining a certain cost efficiency for financial health......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

Globe spending for cybersecurity reaches $90 million

Globe Telecom Inc. has invested around $90 million to improve its security measures, improving the capability of its digital defenses in fighting online fraud......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Globe launches 'SeniorDigizen program

Getting used to today’s technology and online services can be a daunting task for the elderly, but Globe Telecom launched yesterday a campaign to get more Filipino seniors into the digital economy and enjoy the benefits of digitalization.?.....»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

Globe launches connectivity solution for disaster response

Wireless operator Globe Telecom Inc. has brought in an improved version of its technology that provides connectivity services, from call and text to internet access, in times of emergency......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

Globe-blocked SIMs surge in 2023

Wireless giant Globe Telecom Inc. kept its foot on the pedal in terms of detecting fraud in 2023, quadrupling the number of SIMs it deactivated for their involvement in the distribution of spam messages......»»

Category: newsSource:  philstarRelated NewsJan 12th, 2024

DA taps US biotech firm to address cecid fly problem

The Department of Agriculture is tapping a biotechnology company in the US to help the country eliminate cecid fly infestation in local mango farms......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

BrahMos supersonic cruise missile system exports to begin in next 10 days: DRDO chief

By Ajit DubeyNew Delhi [India], January 25 (ANI): India will begin the export of ground systems for the BrahMos supersonic cruise missile in the next 10 days while the missiles of the system would be sent by March this year, DRDO chairman Dr Samir V Kamat said on Thursday. The Defence Research and Development Organisation chairman, in an interview with ANI, said the first set of BrahMos missile systems is expected to reac.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

BrahMos supersonic cruise missile system exports to begin in next 10 days: DRDO chief

By Ajit DubeyNew Delhi [India], January 25 (ANI): India will begin the export of ground systems for the BrahMos supersonic cruise missile in the next 10 days while the missiles of the system would be sent by March this year, DRDO chairman Dr Samir V Kamat said on Thursday. The Defence Research and Development Organisation chairman, in an interview with ANI, said the first set of BrahMos missile systems is expected to reac.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

Globe rolls out local prepaid eSIM

Globe rolls out local prepaid eSIM.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Globe rolls out local prepaid eSIM

Globe rolls out local prepaid eSIM.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Globe rolls out local prepaid eSIM

Globe rolls out local prepaid eSIM.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Globe rolls out local prepaid eSIM

Globe rolls out local prepaid eSIM.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

GForest named 2023 national winner of Energy Globe Award in the Philippines

GCash, the Philippines' leading finance app, through its GForest feature, is the 2023 National Winner of the Energy Globe Award in the Philippines......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

Globe closed on an additional P1.16-B in tower sales

Globe Telecom, the Zobel Family’s telecommunications company, disclosed that it closed on the sale of another 91 cell towers to Frontier Towers to raise approximately P1.16 billion in cash......»»

Category: financeSource:  philstarRelated NewsMar 27th, 2024

GForest named 2023 national winner of Energy Globe Award in the Philippines

GCash, the Philippines' leading finance app, through its GForest feature, is the 2023 National Winner of the Energy Globe Award in the Philippines......»»

Category: financeSource:  philstarRelated NewsMar 27th, 2024

Globe enhances SIM Registration

Globe enhances SIM Registration.....»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

Globe volunteers teach seniors ‘how to digi’

Globe volunteers teach seniors ‘how to digi’.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

Globe submarine cable segment

Globe submarine cable segment.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024