The Philippines placed sixth overall at the inaugural Asia-Pacific Olympiad in Artificial Intelligence (APOAI 2026), with its eight-member team winning one gold, one silver, and two bronze medals.
The Bangko Sentral ng Pilipinas (BSP) said its Project Agila pilot has shown that a distributed ledger-based wholesale central bank digital currency (wCBDC) platform can support interbank fund transfers beyond normal business hours, giving the central bank an early technical basis for using tokenized money in large-value payments.
Local tech distributor Trends & Technologies and cybersecurity firm Cyble warned Philippine enterprises and government agencies of escalating cyber threats, including a sharp rise in phishing attacks linked to generative AI, during a cybersecurity briefing in Makati City on June 18.
Funded through a $25.6-million grant from the Korea International Cooperation Agency (KOICA), the project includes the construction of the main facility in Valenzuela and a backup center in Ilocos Norte.
Senate President Sherwin Gatchalian is renewing calls for tighter controls on children’s use of digital platforms, reviving a proposed smartphone ban in schools and seeking a Senate inquiry into the role of online games and social media in campus violence.
The volume of suspicious transactions in the global online gambling industry increased 4.5 times between the first quarter of 2025 and the first quarter of 2026, even as fraud rates declined across the Asia-Pacific region, according to a new report from identity verification firm Sumsub.
A global study has found that becoming a virtual assistant is now the career Filipinos aspire to most, reflecting the country's growing role in the global remote work and outsourcing industry.
Global technology and consulting firm Accenture said the Philippines must strengthen digital skills, expand infrastructure, and establish responsible AI governance if it hopes to capitalize on artificial intelligence's economic potential.
Cybercriminals are increasingly relying on stolen credentials and legitimate user accounts rather than malware to breach organizations, according to a new report from cybersecurity firm Kaspersky.
The Bank of the Philippine Islands (BPI) will permanently waive fees for interbank fund transfers made through its digital banking platforms beginning July 1, becoming one of the first major banks to align with the Bangko Sentral ng Pilipinas' (BSP) latest push to make electronic payments more affordable.
