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Converge ICT joins Asean Circular Economy Business Alliance

Philippine fiber broadband provider Converge ICT Solutions has become the first Filipino company to join the private sector-led Asean Circular Economy Business Alliance (Aceba) that seeks to promote business action towards the adoption of circular economy strategies and practices in the southeast Asian region.

BSP opens door to 4 more digital banks

The Bangko Sentral ng Pilipinas (BSP) has approved the lifting of the moratorium on the grant of new digital banking licenses starting Jan. 1 2025 and allowed a maximum of ten digital banks to operate in the country.

Role of AI, data, fintech in banking sector tackled in forum

Financial solution provider Pennant Technologies and Fintech Alliance.PH jointly hosted last July 26 an event themed “Lending Reimagined”, focusing on the evolving impact of AI, data, and fintechs on the banking and financial services industry, specifically the lending industry.

JG Summit probing alleged ransomware attack

Local conglomerate JG Summit Holdings said on Thursday, Aug. 8, that it is investigating a reported ransomware attack launched by a hacking group called RansomHub.

Radenta intros Strategic Project Leadership Team

Radenta Technologies, one of the country’s leading solutions integrators, has launched a solution to plan and implement business-critical IT projects efficiently.  

Converge ICT unveils ‘no contract’ FiberX plans aimed at condo users

Fiber broadband provider Converge ICT Solutions has unveiled new contract-free FiberX plans that offer flexibility and convenience for condominium residents subscribing to the company's premier FiberX services.

Memory makers drive semicon market growth in Q1 as AI demand soars

A new report from research firm IDC has revealed the normalization of memory applications and inventory levels, driven by a stabilizing device market and the demand for AI training and inference in data centers during the first quarter of 2024.

YGG, Immutable link up to launch ‘Guild of Guardians’ in PH

Yield Guild Games (YGG) Pilipinas has announced a partnership with game publisher Immutable to roll out Guild of Guardians (GOG), a mobile game released on Immutable, in the Philippines.

Report: Asean data breach costs reach all-time high

Asean’s critical infrastructure organizations experienced the highest breach costs, with financial services participants saw the costliest breaches at $5.57 million.

BSP unveils 5-year cybersecurity plan for finance sector

The Financial Services Cyber Resilience Plan (FSCRP) serves as a roadmap and primary framework aimed at enhancing the resilience of the financial services sector against cyber threats.

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