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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......»»
Global conference on research slated
The National Association of Public Secondary Schools of the Philippines Inc. will hold the first International Conference on Research Culture Management in Basic Education on Jan. 26 to 28 in Boracay Paradise Garden Resort and convention Center, Mangayad, Manoc-Manoc, Boracay Island, Malay, Aklan......»»
[Episodes] Bakit mahirap maging media literate?
'Hindi raw makarating sa antas ng critical thinking ang mga bata dahil kulang na sa basic literacy, comprehension, at writing skills'.....»»
CARD Bank marks 26th year as financial inclusion champion to Filipino communities
CARD Bank, Inc. celebrated its 26th founding anniversary and savings month with the theme “Conquering a new frontier towards more inclusive financial services” on September 1, 2023......»»
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.....»»
PMPI General Assembly Manifesto
Philippine Misereor Partnership Inc. recently held its press conference to celebrate its 7th General Assembly and 20th Anniversary, where the PMPI General Assembly Manifesto was shared with members of the press.PMPI GENERAL ASSEMBLY MANIFESTOWe are from the Philippine Misereor Partnership Inc. (PMPI), a social development network com.....»»
PMPI General Assembly Manifesto
Philippine Misereor Partnership Inc. recently held its press conference to celebrate its 7th General Assembly and 20th Anniversary, where the PMPI General Assembly Manifesto was shared with members of the press.PMPI GENERAL ASSEMBLY MANIFESTOWe are from the Philippine Misereor Partnership Inc. (PMPI), a social development network com.....»»
‘Geeks On A Beach 2023’: Startup founders to gather at Panglao, Bohol Philippines
Movers and shakers of the Philippine startup community, innovators and investors, and global and national leaders are set to gather for the sixth edition of the tech-famous Geeks On A Beach (GOAB) international conference on November 22 to 24 at the renowned Panglao Island in Bohol, Philippines. Spearheaded by GeeksPH and co-organized by the Department […].....»»
PS5 Pro leak, $100 Samsung deal, Sweet Baby Inc. controversy explained – The Daily Guardian
The tech world is abuzz with the latest news and updates from the recent California event that showcased upcoming gadgets and innovations. One of the.....»»
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).....»»
Jollibee invests $28 million in beverage tech firm
Filipino-owned Asian food conglomerate Jollibee Foods Corp. is investing $28 million for a 10 percent stake in beverage technology company Botrista Inc. to support the growth of its coffee and tea business......»»
Globe gets P5 billion from sale of towers
Telco-to-tech provider Globe Telecom Inc. raised almost P5 billion from the sale of towers in the first quarter, providing it with some of the capital needed to upgrade services and pay debts......»»
DFNN, Spanish partner to revolutionize Philippines tech landscape
Listed DFNN Inc. and Spain’s CIC Consulting Informático are looking to revolutionize the country’s technology landscape......»»
Globe’s non-telco gamble paying off
Wireless giant Globe Telecom Inc. is reaping the fruits of its investments in non-telco segments, earning P2.6 billion from its tech ventures in 2023......»»
AFP’s main challenges: Preserving, protecting Philippines territory, sovereignty
Without specifically mentioning the West Philippine Sea and the country’s current problems with China in the area, Defense Secretary Gilbert Teodoro Jr. said preserving and protecting Philippine territory and sovereignty tops the military’s main challenges for 2024......»»
Tsinoy international conference set in Cebu
The Philippine Association for Chinese Studies, in partnership with Kaisa para sa Kaunlaran and the Cebuano Studies Center of the University of San Carlos, will hold the Tsinoy 2024 international conference with the theme “Regional and Transnational Connections of the Chinese in the Philippines” on Jan. 27 and 28 at the USC Talamban campus in Cebu City......»»
AFP, PNP: No torture, execution in Bohol clash
The police and military have cried foul over allegations that the five New People’s Army rebels killed in a shootout in Bilar, Bohol last week were victims of torture and extrajudicial killing......»»
Mona Lisa in Paris: Painting’s glass protection gets splashed with soup
Two protesters on Sunday hurled soup at the bullet-proof glass protecting Leonardo da Vinci’s “Mona Lisa” in Paris, demanding the right to “healthy and sustainable food”, an AFP journalist saw. Two women threw red and orange soup onto the glass protecting the smiling lady to gasps from the crowd in the French capital’s Louvre museum, an.....»»
Manila Water explores Pangasinan supply deal
The consortium of Manila Water Co. Inc. and its wholly owned subsidiary, Manila Water Philippine Ventures continue to explore water supply partnerships with the Provincial Government of Pangasinan as it looks to revive the recently terminated concession agreement between the two......»»
House expedites release of P35M aid for Davao disaster victims
The House of Representatives, in collaboration with President Ferdinand R. Marcos Jr., is expediting the release of P35 million in financial aid and 17,500 food packs to assist the seven congressional districts affected by recent flooding and landslides in the Davao Region. Speaker Ferdinand Martin G. Romualdez emphasized the urgency of their efforts, aiming to provide substantial assistance to the nearly 45,000 affected families and over 187,000 individuals in the region. Coordination with the Department of Social Welfare and Development is underway to swiftly release PHP5 million to each district through the Assistance to Individuals in Crisis Situations program. The financial aid will support various relief efforts, including infrastructure reconstruction and medical assistance. Tingog Party-list representatives also expressed their commitment to ensuring the assistance reaches those most in need......»»