Over three in ten people who go online in Asia Pacific (APAC) use anonymous accounts - social media profiles without their real names, photos, and personally identifiable information (PII). Half do so to exercise their freedom of speech more but the other half take advantage of the cover for secret...
To hasten its digital transformation, Globe Telecom Inc. has moved the bulk of its technology infrastructure to Amazon Web Services, Inc. (AWS), the world’s most comprehensive and broadly adopted cloud platform. By leveraging AWS, Globe is reducing the time required to provision new...
The Philippines has no choice. The only way to recover from the pandemic is to go digital. So says Ayala Corp. Chairman and CEO Jaime Augusto Zobel de Ayala, popularly known as JAZA. Ayala Corporation Chairman and CEO Jaime Augusto Zobel de Ayala (Ayala Corp / MANILA BULLETIN) “We realized...
The Bangko Sentral ng Pilipinas (BSP) is proposing the creation of an Open Finance Oversight Committee (OFOC), an industry-led self-governing body, as part of the country’s open finance framework. BSP Governor Benjamin E. Diokno ( Bloomberg file photo) Based on the draft circular on open finance,...
Aboitiz-led Union Bank of the Philippines is accelerating its digital banking business with a “better normal” strategy to attract new clients while they fasttrack development of online-only products and utilize blockchain solutions for real-time services. UnionBank, which has styled itself...
Asia Pacific (APAC) is fertile land for social media, housing more than half of the world's total users and center of Facebook’s growth. East Asia logs the most number of virtual network users at over 1 billion as of 2020, with Southeast Asia and South Asia both trailing behind with...
BSP Governor Benjamin E. Diokno (FILE Bloomberg) The Bangko Sentral ng Pilipinas (BSP) said it may require all banks with digital banking services to apply for the appropriate digital bank license based on a new circular’s transitory provision. “Existing banks may apply for conversion to a...
At least five banks are expected to apply for digital bank license this month, the first batch of applicants after the Bangko Sentral ng Pilipinas (BSP) approved the digital banking framework last week. “So far, about five have signified intention to apply for a digital bank license,”...
The Bangko Sentral ng Pilipinas (BSP) has approved the framework for digital banking in the country, creating a seventh bank category. “Digital banks will play an important role in the digital financial ecosystem,” said BSP Governor Benjamin E. Diokno in a statement Thursday. These banks, he...
A night of music, mayhem, and multi-dimensional experience awaits all Dua Lipa fans as the hitmaker gears up for "Studio 2054," a live virtual concert to be streamed across the world on Saturday, Nov. 28, 4:30 a.m. Philippine time with replays at 8 a.m., 10 a.m., and 5 p.m. Shot live in a massive...
A2Z Channel 11, the Philippines’ TV network whose mission is to inspire and entertain, can now be seen and heard more clearly by televiewers as it is available on digital TV boxes in Metro Manila, Bulacan, Batangas, Cavite, Laguna and Pampanga. This development was announced recently by Sherwin...
The guidelines and regulation for a digital banking sector in the Philippines will be ready this month, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno. “I think it will be issued not later than the end...