Smart Communications has questioned the advisory sent by GOMO, a mobile service provider operated by Globe, that mobile number portability is not yet available for its subscribers despite the effectivity of the MNP law on Sept. 30.
A collaboration between a local eye center and a Europe-based school has resulted in the first successful use of artificial intelligence (AI) in ophthalmology in the Philippines.
The resiliency route, connected to Singapore, serves as an alternate route in the Asian region and serves as a backup for the NBP in the case of any disruptions in the Pacific Light Cable Network, which is currently connected to the NBP’s cable landing station in Baler and to Los Angeles.
The BSP and payments industry are also collaborating on implementing the PesoNet Multiple Batch Settlement (MBS) by year end; establishing an interoperable bills payment facility by early 2022; and rolling out the request-to-pay facility by Q2 2022.
The Philippines showed strong results in Internet quality (20th) and e-security (30th), but lagged behind in Internet affordability (72nd), e-infrastructure (63rd), and e-government (67th).
Due to the pandemic and decreasing budget for research and development (R&D), the Philippines fell by a notch from 50th place last year to the 51st spot in the 2021 Global Innovation Index (GII) report.
Voyager Innovations, through its financial technology arm PayMaya Philippines, announced on Monday, Sept. 20, that it had obtained the approval of the Bangko Sentral ng Pilipinas (BSP) to establish a digital bank.
Meanwhile, state-run Land Bank of the Philippines said it has onboarded 5.3 million unbanked PhilSys registrants for their own transaction accounts through account opening booths at select PhilSys co-location areas nationwide.
