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Banks expect higher consumer, corporate loan demand in Q1
Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»
More groups to establish Islamic banks in Philippines
More groups are looking at establishing Islamic banks in the Philippines as the first branch of the new banking classification is expected to open soon, according to the Bangko Sentral ng Pilipinas......»»
BSP pursues reforms to modernize banks
The Bangko Sentral ng Pilipinas is pursuing policy reforms to modernize Philippine banks and ensure a sustainable, digital and inclusive banking future......»»
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......»»
Rights group says PH gov’t does not listen to experts
“They are faking these all, as the Marcos Jr. [administration] has stepped up its policy of wanton repression against the people, violating rights and basic freedoms including our freedom of expression." The post Rights group says PH gov’t does not listen to experts appeared first on Bulatlat......»»
Kaspersky Shares Cybersecurity Tips for a Peaceful Getaway during the holy week
As the holiday season approaches, the urge to unwind and kick back is natural. And it’s all too common for people to let their guard down completely when connecting to the Internet too– but shouldn’t. Recently, the Philippine National Police (PNP) Anti-Cybercrime Group shared its findings on identity theft cases in the country. Between November […].....»»
Fake booking scams up – ACG
Fake booking scams increased in the second week of March, the Anti-Cybercrime Group of the Philippine National Police reported yesterday......»»
‘Hijack profile’ scams spike in February – PNP-ACG
Cases of “hijack profile” scams surged last month, the Philippine National Police’s Anti-Cybercrime Group reported on Monday......»»
PNP warns public of rise in cyber identity theft cases
The PNP Anti-Cybercrime Group (ACG) said that it has recorded 178 cases of "hijack profile" or identity theft cases from November 2023 to February 2024, half of which (89) took place in February alone......»»
Cybercrimes drop by 24 percent in January
Cybercrimes in January this year dropped by at least 24 percent, the police Anti-Cybercrime Group said yesterday......»»
Cyber identity theft cases up by 13.9% in 2023
Cases of cyber identity theft in 2023 increased by nearly 14 percent, data from the Philippine National Police’s Anti-Cybercrime Group show......»»
Nearly 3K cyber identity theft incidents logged in 2023 — PNP-ACG
According to the PNP Anti-Cybercrime group, there has been a 12.2% rise in reported cases in 2023 with 1,597 incidents, coming from the 1,402 cases in 2022......»»
134 warrants served for cyber libel in 2023
The police Anti-Cybercrime Group urged the public yesterday to be cautious when using their social media accounts after it served 134 warrants of arrest for cyber libel in 2023......»»
EDITORIAL — Love scammers
With the approach of the day of hearts, government agencies led by the Philippine National Police, the Department of Information and Communications Technology and the Cybercrime Investigation and Coordinating Center are warning the public against love scams......»»
Valentine campaign: Cybercops focus on love scams
With the approach of Valentine’s Day on Feb. 14, the Cybercrime Investigation and Coordinating Center yesterday launched a campaign to promote awareness and vigilance of Filipino netizens against so-called love scams......»»
CICC gathers video evidence vs ‘destab’ vlogger
The Cybercrime Investigation and Coordinating Center has gathered video evidence against a retired military general turned vlogger, who was charged with cyberlibel by Philippine National Police (PNP) chief Gen. Benjamin Acorda Jr......»»
VP Sara ready to face ICC charges only before a Filipino court
Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»
Russia says 40 dead, 145 injured in concert hall raid; Islamic State group claims responsibility
Russia says 40 dead, 145 injured in concert hall raid; Islamic State group claims responsibility.....»»
Mikey Williams snubbed Strong Group, says team manager
Strong Group Athletics (SGA) team manager Jacob Lao did not mince words against Mikey Williams, slamming the scoring guard for not supposedly showing up for the team......»»
Asian Age Group C ship: Iran Beats Singapore
TEHRAN (Tasnim) - Iran's youth water polo team defeated Singapore 19-8 at the 11th Asian Age Group Championship on Thursday. - Sports news - Iran had previously defeated Malaysia, Sri Lanka and Kazakhstan in Group B.Iran will meet the winner of Uzbekistan and China in the semifinal on Friday.The 11th Asian Age Group Championships include four aquatic disciplines, namely swimming, diving, water.....»»