Yuchengco-led Rizal Commercial Banking Corporation has successfully listed its P14.76 billion Series E ASEAN Sustainability Bonds due 2024 on the Philippine Dealing and Exchange Corporation. Carrying a coupon of 3.00 percent per annum, the bonds saw strong demand from investors which resulted in an...
Senate Finance Committee head Senator Sonny Angara on Monday assured that the latest amendments to the Philippine Deposit Insurance Corporation (PDIC) charter will result in a stronger and more resilient banking system in the country. Angara said the Senate's approval of Senate Bill No. 2365 on...
66229 Most Filipinos, 65 percent of participants in Kaspersky's latest digital payment systems survey, changed the passwords on their bank or digital wallet accounts and apps when they fall victim to online fraud. On the other hand, half of surveyed Filipino victims of online scammers and...
Netbank, a fully-regulated bank that offers Banking-as-a-Service solutions has unveiled Netbank Virtual ( https://virtual.netbank.ph ), an openly accessible web-based platform where anyone can freely browse, test and integrate Netbank’s financial products and solutions. “While some larger local...
Yuchengco-led Rizal Commercial Banking Corporation’s (RCBC) unique innovations and synergized collaborations have successfully pushed financial inclusion as it notes a five-digit growth in both transaction volume and value, through its digital platforms as of end-2021. DiskarTech, touted as the...
Ding, the fastest way to send international mobile top-up , today launched the second Ding Global Prepaid Index (GPI) in which Filipinos top the global tables when it comes to prepaid products, preferring them to billpay options. Philippines GPI Report Mark Roden, CEO of Ding, said: “Filipinos...
Rizal Commercial Banking Corporation (RCBC), one of the largest banks in the Philippines, has started its public offer for P3-billion worth of Fixed Rate ASEAN Sustainability Bonds. In a disclosure to the Philippine Stock Exchange, the bank said the bonds will form part of its P100-billion bond and...
An official of the Department of Education (DepEd) clarified that the payroll of employees remains “intact” amid incidents of online banking scams reported by some of its teachers. (FILE PHOTO / DEPED) “ DepEd payroll system is intact. It was not hacked,” Education Undersecretary for...
Senator Grace Poe on Tuesday called on banks and other financial institutions to toughen its stance against cybercrime especially at a time more people are turning to digital transactions. Poe, who chairs the Senate Committee on Banks, Financial Institutions and Currencies, made the appeal...
Senator Sherwin Gatchalian on Monday slammed the reported hacking of teachers’ bank accounts by still unidentified “unscrupulous individuals” whom he said are concocting all kinds of methods to steal money via online and other digital means. Earlier in the day, the Teachers’ Dignity...
Aboitiz-led Union Bank of the Philippines (UnionBank) is widely-known to have been trailblazing many firsts in the country since it began operations forty years ago. UnionBank has always been among the first to embrace technological innovations to empower its customers into the future of banking....
The pandemic has drastically changed the way of life for most people all over the world. In the Philippines, the steady increase in safety and health measures resulted in a radical adoption of e-commerce, and subsequently, online and digital banking. In many ways, the Filipino community is largely...
