Friday, April 26, 2024
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CATEGORY

Business IT

SEC orders 4 online lending apps to stop operations

The operators of the lending apps employed abusive collection practices, which constituted unfair debt collection practices expressly prohibited under an SEC Memorandum Circular.

SEC tracks down more illegal online investment schemes

The Securities and Exchange Commission (SEC) has identified four more unauthorized online investment schemes, including rackets possibly operated by previously flagged groups under new names.

Trends-Palo Alto Networks tie-up paves way for ‘Digital New Normal’ with Prisma Access

Trends is deploying Palo Alto Network’s Prisma Access for consistent networking and security support to remote and mobile users.

SSS taps PayMaya for Small Business Wage Subsidy, loan disbursement

Eligible employees under the Small Business Wage Subsidy (SBWS) program will be able to receive the cash assistance straight to their PayMaya accounts once disbursements commence in May.

Globe signs deal to acquire US-based cloud firm for P203M

Globe Telecom announced on Friday, April 17, that it has entered into an agreement to acquire all of the assets of US-based cloud computing company Cascadeo for $4 million (about P203 million).

SEC alerts investors against unlicensed groups riding on new technologies

The Securities and Exchange Commission has warned the public against investing in groups promising quick returns supposedly from cryptocurrencies, artificial intelligence (AI) and other technologies.

PLDT, Smart allow customers to pay in 6-month installment

The program will cover unpaid balances of their customers as of April 30 and will include PLDT Home customers, Smart postpaid, and Sun postpaid mobile users.

SEC sets up online registration for firms with less than 5 incorporators

The Securities and Exchange Commission (SEC) said it has reopened the registration for corporations with less than five incorporators, including one person corporations (OPCs).

Local SMEs urged to exploit Google Maps, Search to expand reach

The free online listing on Google Maps and Search has become a valuable tool for local SMEs such as Quirino province-based Qmansi to reach to their target market.

Voyager gets $120M in new funding to expand PayMaya

The $120-million investment is part of a broader fundraise for Voyager and is intended to support PayMaya’s rapid growth.

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