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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......»»
PAL prospers post-pandemic, triples profit
Lucio Tan-owned Philippine Airlines tripled its profit to nearly P17 billion in 2023, lifted by its sustained dominance in the market for international travelers even with the entry of new players......»»
MFC Cebu-Makati FC young booters dominate Asia’s biggest youth football tilt
CEBU CITY, Philippines — The combined teams of Makati Football Club Cebu and Makati FC (MFC) dominated the recently concluded Junior Soccer School and League (JSSL) over the weekend in Singapore. MFC sent 14 teams to Singapore’s premier youth football competition. Many players who suited up for MFC were from the Makati Football Club Cebu.....»»
Asian legends tip Matsuyama to enjoy golden run
If Hideki Matsuyama beats the strongest field in golf and becomes the first Japanese winner at The Players Championship this week, those who blazed the trail for Asian golf before him will be the least surprised......»»
No star players for streaking Lady Bulldogs
The National University Lady Bulldogs are banking on the contributions of the whole team as momentum slowly shifts to last year’s runners-up after taking their fifth win in a row in UAAP Season 86......»»
NFL free agency: Top players for budget-conscious teams at each position group
The NFL offseason is in full swing, and teams are looking to shore up their rosters before the start of the upcoming season. With various.....»»
Herndon, Dom Fajardo also lauded in NLEX squeaker vs Meralco
NLEX star Robert Bolick tipped his hat to role players Robbie Herndon and Dom Fajardo for providing the spark in the Road Warriors’ 99-96 escape act against the Meralco Bolts in their PBA Philippine Cup clash Wednesday night......»»
Colts use franchise tag on receiver Michael Pittman Jr.
The Indianapolis Colts have made a significant move to secure one of their key players for the upcoming season. The team has placed the franchise.....»»
IBM leads Google, Microsoft in race to next gen AI
Major players are vying for top position as Generative AI drives technology patent grants up by 16 percent in the last five years and applications by 31 percent, a new patent study on AI trends showed......»»
Creamline unleashes Bea, Denden
Creamline unveils its new players Bea de Leon and Denden Lazaro-Revilla as it shoots for a piece of the lead against a dangerous Akari today in the Premier Volleyball League All-Filipino Conference at the PhilSports Arena......»»
Ardina falters in moving day, falls behind by 7
Dottie Ardina’s bid to close in on Haruka Kawasaki suffered a snag with a last-hole mishap as she settled for a 72 and fell seven strokes off the pace in the third round of the Foxconn TLPGA Players Championship at the Orient Golf and Country Club in Taoyuan City Saturday......»»
Securing Your Small to Medium Business in the Digital Age
Ever wondered if your business is really secure? In this age of digital hustle, ensuring the safety of your small to medium-sized business is like locking the doors at night – you wouldn’t leave them wide open, would you? Many think cybersecurity is only for the big players, but in reality, businesses of all sizes […].....»»
2024 NFL mock drafts: Projections for every first round pick
The NFL Scouting Combine is just around the corner, with more than 300 college football players gearing up to showcase their skills to NFL teams......»»
FESSAP-APUG 3x3 cagefest slated in March
There is new hope for collegiate cage players with the impending launch of a new league......»»
Fajardo ruled out for Gilas bid in FIBA Asia Cup Qualifiers
Gilas Pilipinas will embark on the first window of the FIBA Asia Cup Qualifiers with only 11 players following the injury to June Mar Fajardo......»»
Heart at center of Capital1 s arsenal for PVL campaign, says Gorayeb
He may not have the luxury of a long and careful preparation, but Roger Gorayeb is banking heavily on his players’ big fighting heart in their bid to pull off some surprises in the PVL All-Filipino Conference......»»
Cone back as Gilas head coach; 12 core players named
The Samahang Basketbol ng Pilipinas announces the signing of Tim Cone as head coach for Gilas Pilipinas Men......»»
Former champs, rising aces rumble in TCC Invitational
The set is stage for a compelling clash of will and character as The Country Club Invitational reels off today, where former champions, emerging stars and the Top 30 players from last year’s Philippine Golf Tour Order of Merit battle in a survival of the fittest at the TCC course here......»»
Cream of Philippine golf crop collide as TCC Invitational begins
The set is stage for a compelling clash of will and character as The Country Club Invitational reels off Tuesday, where former champions, emerging stars and the Top 30 players from last year’s Philippine Golf Tour Order of Merit battle in a survival of the fittest......»»
UP volleyball team announces retaining young players
After securing two high-profile volleyball prospects from the Visayas, good news continue to arrive for the UP Fighting Maroons......»»