Friday, April 19, 2024
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Business IT

Lending firms warned of closure for failure to register online apps

The Securities and Exchange Commission (SEC) said it will revoke the licenses of lending and financing companies that continue to fail to register and disclose their online lending platforms (OLP).

Suspect nabbed for reselling of rebranded Globe At Home modems

Globe, together with the PNP, seized a unit of Globe At Home Tozed S10g modem rebranded with DITO stickers from a certain Marlou de Paz in a sting operation in Pala-Pala, Brgy. Sampaloc Dasmarinas Cavite.

BSP issues guidelines on Open Finance Framework for use of consumer data

The Open Finance Framework promotes consent-driven data portability, interoperability, and collaborative partnerships between financial institutions and fintech players, according to the BSP.

Globe taps PhilTower to build 500 common towers in Luzon this year

PhilTower will be introducing new solutions such as the Micro Cell Poles that have a low impact and small footprint with capability to load in radios and has battery backup within the pole for network densification.

PH firms can expand in EU via Estonia’s e-Residency program: exec

The Philippines and the rest of Southeast Asia can expand their footprint in the European Union market by incorporating in Estonia through the e-Residency program.

DTI warns public against online pyramid scheme

The online Chain Distribution Plans or Pyramid Sales Schemes tend to focus more on the recruitment of new potential members rather than encouraging its members and franchisees to actually sell products and services to consumers accompanied with promise of high returns of investment in a short period of time.

DBP inks tie-up with PayMaya to transform countryside with digital payments

With the initiative, DBP will now be able to provide PayMaya's end-to-end digital payment solutions to its partners in the public sector.

Dell bolsters PowerStoreOS, intros new storage appliance

“The significant update to our PowerStoreOS software enhanced by Dynamic Resiliency Engine technology will benefit all PowerStore models with increased levels of performance, intelligence as well as additional protection for mission-critical data within the appliance.”

SG-based fintech firms issued digital bank licenses by BSP

Two Singapore-headquartered fintech companies – UNObank and Tonik – have received approval from the Bangko Sentral ng Pilipinas (BSP) to operate digital banks in the country.

DTI revamps online price monitoring system ‘e-Presyo’

The “e-Presyo” allows consumers to check stores selling products that are lower than the suggested retail prices (SRPs).

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