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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

GCash’s new feature shows carbon reduced by doing digital transactions

Finance app and cashless ecosystem GCash has announced its newest update, Green Transaction Alerts, which allows users to see the grams of carbon they reduced by digitally sending money and doing bank transfers......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

Kathryn Bernardo allegedly stopped from doing Hello Love Goodbye sequel; Daniel Padilla mum

Daniel Padilla allegedly prohibited Kathryn Bernardo in doing "Hello Love Goodbye" sequel with Alden Richards......»»

Category: entertainmentSource:  philstarRelated NewsApr 4th, 2024

Daniel Padilla allegedly stopped Kathryn Bernardo from doing Hello Love Goodbye sequel — report

Daniel Padilla allegedly prohibited Kathryn Bernardo in doing "Hello Love Goodbye" sequel with Alden Richards......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

Sheree retires from doing sexy roles, to stage 1st solo concert

Actress Sheree said she has retired from doing sexy roles in movies. .....»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey

New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Some firms still violate ease of doing biz law despite Arta

The Anti-Red Tape Authority-Eastern Mindanao Region (Arta-EastMin) revealed that there are still several businesses in their jurisdiction that violate the implementation of the Ease-of-Doing-Business Law and other red tape concerns despite the agency’s comprehensive collaboration with other security and law enforcement......»»

Category: newsSource:  sunstarRelated NewsMar 7th, 2024

Villar: Biz groups just want ease of doing business

Instead of amending the 1987 Constitution, business groups want the government to focus on the effective implementation of the ease of doing business law and addressing the problem of corruption, Sen. Cynthia Villar said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Senior citizen who enjoyed doing laundry after taking drugs nabbed

Senior citizen who enjoyed doing laundry after taking drugs nabbed.....»»

Category: newsSource:  sunstarRelated NewsFeb 21st, 2024

Man nabbed for doing lewd act in front of two minors

Man nabbed for doing lewd act in front of two minors.....»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Doing well by doing good

In the bustling streets of Buenos Aires in 2006, American entrepreneur Blake Mycoskie discovered a profound truth that would change the course of his life and ignite a global movement......»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024

Baguio City’s data system attacked 3M times in 2023

The Baguio City government's data system was attacked by cybercriminals at least three million times in 2023, but it survived all of them, the Management Information Technology Division of the Baguio City Mayor's Office said......»»

Category: newsSource:  philstarRelated NewsFeb 5th, 2024

Guide to world-class AI management system

The Center for Global Best Practices will host a two-session online training titled “Global Standards in Artificial Intelligence Management” on March 7 and 8, from 1:30 to 4:45 p.m. via Zoom......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Everyone s responsibility: How Finland is raising a generation of environmental ‘experts’

Finland’s education system emphasizes the importance of sustainability from day one — literally as early as kindergarten. And thanks to recent initiatives, circular economy practices are being taught across levels and among working professionals, so that circularity is practiced in “widely different sectors in distinct and specific ways.".....»»

Category: newsSource:  philstarRelated NewsMay 13th, 2024

Watch vivo V30 Series Grand Launch on March 20

Get ready for an electrifying event as vivo announces the grand launch of the highly anticipated vivo V30 Series on March 20, 2024. The V30 Series will feature the groundbreaking ZEISS Triple Main Camera system on the V30 Pro, promising unmatched clarity and detail in photos and videos. Viewers can join the excitement through the Facebook livestream, where they will also be treated to a special appearance by ambassador Anne Curtis. Industry experts will share their insights on the innovative features of the V30 Series, making this event a must-watch for photography enthusiasts. Don't miss out on this opportunity to witness the future of mobile photography. Follow vivo on various social media platforms for updates and exclusive content. (SPONSORED CONTENT).....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Cemex, Liwayway partner for sustainable plastic waste management

Cemex Holdings Philippines Inc., through Cemex’s Regenera waste management solutions, and snack foods giant Liwayway Marketing Corp. have teamed up for better management of plastic waste......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Budget officers in CV undergo financial management training

CEBU CITY, Philippines — Over 600 budget officers in Central Visayas underwent Public Financial Management (PFM) Training in Cebu last month. The initiative, led by the Department of Budget and Management (DBM) in collaboration with the Association of Local Budget Officers-Central Visayas Inc., took place at a hotel in Mandaue City. This training was a.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

Solon pushes creation of Dept of Water Resource Management

CEBU CITY, Philippines — A lawmaker is pushing for the establishment of a national framework for water resource management that is spelled out in the proposed Department of Water Resources Management (DWRM) as a long-term solution to water shortage in the country. Agri Partylist Representative Wilber Lee said that the DWRM will bring together 32.....»»

Category: newsSource:  inquirerRelated NewsFeb 11th, 2024

This innovative platform lets you start an online business quick and easy

Customers of NEXT BASKET, referred to as Partners, have two options for utilizing the platform‘s services: either (1) independently managing their online store or (2) entrusting NEXT BASKET‘s experts, known as Business Without Employees, to handle all management and related business activities......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

This innovative platform lets you start an online business quick and easy

Customers of NEXT BASKET, referred to as Partners, have two options for utilizing the platform‘s services: either (1) independently managing their online store or (2) entrusting NEXT BASKET‘s experts, known as Business Without Employees, to handle all management and related business activities......»»

Category: financeSource:  philstarRelated NewsMay 7th, 2024