SwiftPay, the enterprise payments unit of Bangko Sentral ng Pilipinas-regulated (BSP) Swift Technology Ventures Inc., launched a real-time fraud detection platform to help local lenders comply with stricter digital security mandates amid rising financial scams. The platform, called SwiftGuard,...
Movie and Television Review and Classification Board (MTRCB) Chairperson and CEO Lala Sotto has condemned China Daily over AI-generated videos and editorial materials that she said portrayed Filipinos in a racist and dehumanizing manner, while using the incident to renew calls for responsible use...
House Speaker Faustino “Bojie” Dy III is pushing to make digital literacy a mandatory part of basic education in the country, saying it is a protective tool for Filipino children in the age of social media. “Hindi po natin puwedeng i-asa sa pagbabawal lamang ang kaligtasan ng ating mga anak...
As economic pressures continue to squeeze household budgets, more Filipinos are choosing repayment flexibility over delinquency. Tonik has seen a threefold increase in the use of its loan payment holiday, Payhinga, underscoring the growing need for financial tools that help borrowers manage...
Solid North Party-list Rep. Ching Bernos is prodding the Marcos administration to provide digital literacy training to Filipino youth, saying it will greatly increase their chances of landing a job. Bernos says this is especially true for individuals who are unable to enroll for higher studies. "As...
There has been much joy and celebration as banks and e-wallets have started waiving transfer fees for InstaPay or PESONet transfers (online money transfers). If the transfer fee was not waived, then a number of free transfers or a lower transfer fee was announced. If, after your celebratory dance,...
PhilCare, one of the leading health maintenance organizations in the Philippines, is officially pivoting the local healthcare sector into the digital future. By integrating Verisk 's innovative Health Risk Rating Solution, the domestic HMO giant has successfully implemented a fully automated...
As communities across the Philippines become more dependent on digital access for work, education, livelihood, and essential services, Globe continues to strengthen the foundations that help keep people connected while building a more resilient and sustainable future. Through its 2025 Integrated...
Banks and e-wallets have been playing catch-up in announcing zero transfer fees, free transfers, or a lower transfer fee, and consumers are enjoying it. BPI made the announcement first , saying it will waive the InstaPay and PESONet fees on the BPI app, BPI Online, VYBE e-wallet, and BizKo starting...
The Bangko Sentral ng Pilipinas (BSP) is delaying the selection of four new digital banking players as it seeks to reconcile conflicting regulatory tracks for different types of applicants. While the market anticipated the entry of the new digital lenders as early as the first quarter, BSP Governor...
Following the successful technical testing of the Bangko Sentral ng Pilipinas’ (BSP) wholesale central bank digital currency (wCBDC), which demonstrated the feasibility of 24/7 interbank fund transfers, the BSP is planning to formulate a roadmap to further explore and refine the technology’s...
Filipinos are increasingly relying on smaller but more frequent digital loans to cover daily expenses and short-term financial needs, prompting lenders to shift their focus from simply attracting new users to building long-term customer relationships. According to mobile measurement and analytics...
