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