Saturday, July 27, 2024
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Business IT

BSP says 50% of retail payments in PH now in digital format

Newsbytes.PH -
The share of digital payment transactions to total monthly retail payments in the Philippines grew from 42.1 percent in 2022 to 52.8 percent in 2023, according to the 2023 Report on E-Payments Measurement of the Bangko Sentral ng Pilipinas (BSP).

LATEST STORIES

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BUSINESS IT

Business IT

Report reveals female millennials as top online taxpayers

Newsbytes.PH -
Online tax compliance platform Taxumo has released its 2024 State of Online Taxation report, highlighting the result that millennials continue to dominate as taxpayers although Gen Zs are catching up.
Business IT

BSP says 50% of retail payments in PH now in digital format

Newsbytes.PH -
The share of digital payment transactions to total monthly retail payments in the Philippines grew from 42.1 percent in 2022 to 52.8 percent in 2023, according to the 2023 Report on E-Payments Measurement of the Bangko Sentral ng Pilipinas (BSP).
Business IT

GoTyme says it is now fastest-growing bank in PH

Jinji Quiambao -
As such, the company has dropped its “digital bank” description in its marketing collaterals to convey the message that it is now a full-fledged bank performing its functions in a digital platform.
Business IT

BIR starts imposing withholding tax on online sellers

Edu Lopez -
The Bureau of Internal Revenue (BIR) has imposed a withholding tax on online sellers but postponed the collection of a similar tax from digital financial service providers.
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DATA PRIVACY

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IT News

AMD bares ‘short delay’ in release of new Ryzen 9000 Series chips for laptops, PCs

Newsbytes.PH -
The US-based semicon giant said the initial batch of Ryzen 9000 Series chips failed to reach the level of standard it has set for its products.

IT NEWS

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E-SECURITY

e-Security

Memes abound amid massive global outages caused by CrowdStrike update

Carlos Nazareno -
A bad update by security provider CrowdStrike caused massive systems outages globally on Friday July 19. In the midst of the chaos, humorous memes flooded the Internet.
e-Security

Globe says bank-related spam, scam SMS steadily declining

Newsbytes.PH -
Amid the decline, Globe is calling on mobile users to remain vigilant amid emerging scam schemes that evade cellular networks, including the use of chat apps and fake cell towers that are able to send messages without telco detection.
e-Security

AWS says cybersecurity indispensible in Gen AI era

Rafi Ko Teh -
While organizations are fast-tracking generative Artificial Intelligence (gen AI) adoption, many are overlooking the new security risks being precipitated by this technology.
e-Security

‘Tech editor’ in hot water as NBI set to file case for hackings

Newsbytes.PH -
Arturo Samaniego Jr., who used to hold the title as technology editor of the Manila Bulletin but is now the paper’s “senior technology officer”, is set be charged by the National Bureau of Investigation (NBI) for orchestrating a series of hackings against government and privately-owned websites.

E-LEARNING

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Features

US firm touts next-gen 911 technology for emergency response in PH

Newsbytes.PH -
NGA 911 -- known globally for its next-generation 911 emergency communications technology -- recently introduced its solution into the country.

FEATURES

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STARTUPS | APPS

Startups / Apps

Digital investment confab kicks off in Malolos, Bulacan

Jinji Quiambao -
The “Investment Conference Digital Era”, a digitalization roadshow aimed at boosting cooperatives and startups across the country, was formally launched last July 17 at the historic Barasoain Church in Malolos, Bulacan.
Startups / Apps

Lhoopa closes ‘biggest’ funding round by startup in PH

Newsbytes.PH -
“Proptech” company Lhoopa has announced the completion of its $80-million funding round, which is said to be the biggest funding round by a startup in the Philippines to date and one of the biggest raises in Southeast Asia in 2024, according to CB Insights data.
Startups / Apps

YGG wraps up PH-wide Web3 campaign

Jinji Quiambao -
The event, which began in Batangas then proceeded to Baguio, Cebu, Davao, and Bacolod, celebrated Web3 gaming and regional Filipino culture for the past year.
Startups / Apps

Crypto firm Coins.ph debuts PHPC Stablecoin on Ronin

Newsbytes.PH -
PHPC is a stablecoin pegged to the country’s local currency, the Philippine Peso, and is fully backed by cash and cash equivalents in Philippine bank accounts.

GAMING

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Business IT

As CICC flexes power over telcos, Smart bans over 600,000 fraud-related mobile numbers

Newsbytes.PH -
The Cybercrime Investigation and Coordinating Center (CICC) has required Smart Communications to submit an official report on the status of its compliance to the SIM Card Registration Law after noting the proliferation of unregistered SIM cards that are being used in text scams and in various forms of cybercrimes.

FIRST ON NEWSBYTES.PH

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NETWORKED CAR

Networked Car

Kia Sonet sub-compact car makes its way to PH

Newsbytes.PH -
The Kia Sonet is available in all Kia showrooms nationwide, with the base variant 1.5 LX MT starting at P758,000; the 1.5 LX AT at P868,000; the 1.5 EX AT at P978,000; and the top-of-the-line 1.5 SX AT variant priced at P1,138,000.
Networked Car

Pinoy-owned firm sets out to compete in booming ride-sharing market

Newsbytes.PH -
A new Filipino-owned transport network company called UTOL, short for Unified Transport Operations League, is joining the list of firms in the local ride-sharing market dominated by regional player Grab.
Networked Car

Toyota PH unveils all-hybrid lineup for new Corolla Cross

Newsbytes.PH -
Toyota Motor Philippines (TMP) has announced that it will be launching the new line of its all-time best-selling Hybrid Electric Vehicle (HEV), the Toyota Corolla Cross on Friday, April 12.
Networked Car

Ban on e-bikes in major Metro Manila roads set on April 15

Joel Pinaroc -
The Metropolitan Manila Development Authority (MMDA) said it will enforce the ban along 19 major roads, in coordination with local government units in the metro.

RESEARCH REPORTS

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Gadgets

REVIEW | Samsung Galaxy Buds 2 Pro wireless noise-canceling earbuds

Ajay Joseph -
The Samsung Galaxy Buds 2 Pro is a jack of all trades. It does everything well and leaves little to be desired.

GADGETS

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LIFESTYLE

Lifestyle

Report: 75% of remittances to PH sent and received via digital method

Jinji Quiambao -
Digital payment firm Visa has released its annual digital remittances adoption report, which revealed that the bulk of remittances to the Philippines was sent and received through digital platforms.
Lifestyle

Photo, video editing app Radiant debuts in PH

Jinji Quiambao -
Radiant Photo’s "pixel perfect" processing uses fully adaptive AI technology to provide per-pixel analysis, optimizing it, but never losing any details.
Lifestyle

TCL releases mammoth 115-inch TV model in PH

Newsbytes.PH -
TCL, one of the most prominent TV brands in the Philippines, just released a mammoth of a TV -- the TCL X955 -- through its partner Abenson Appliances.
Lifestyle

Newest Apple reseller Digimap opens 7th store in Gateway mall

Jinji Quiambao -
Originally from Indonesia where it has over 50 stores, Digimap comes to the Philippines and operates under Mapple Philippines Inc., a sister company to MAP Active Philippines.

BULLETIN

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Blogs

DIGITAL INFLUENCER | Turning ideas into impactful tech businesses

Janette Toral -
Technopreneurship combines technology and entrepreneurship, leveraging technological innovations to create new businesses and solutions that address market needs.

BLOGS

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