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BSP issues standards in resolving issues for online fund transfers

The circular also covers the required turnaround time to return the funds to the sender’s account for fund transfers not received by the beneficiary. These periods are significantly shorter than the current response time of financial institutions which usually takes around two to three banking days.

Global public cloud services revenues grew 19.9% in 2023

IDC forecasts worldwide public cloud services revenue will surpass $800 billion in 2024, an increase of 20.5% over 2023 with a similar increase expected in 2025.

With eye on data center AI innovation, AMD expands Instinct GPU roadmap

At Computex 2024, AMD showcased the growing momentum of the AMD Instinct accelerator family during the opening keynote by chair and CEO Lisa Su. AMD...

PSA, DICT roll out Digital National ID, authentication platforms

Over 87 million Filipinos who have registered to the National ID are now capable of accessing their Digital National ID online and be verified through stronger authentication platforms such as the National ID eVerify and National ID Check.

‘Kaspersky Next’ flagship product line for biz debuts in PH

The Philippines faced significant vulnerability to cyberthreats, evident in the staggering numbers recorded in 2023.

UPLB tops Gen AI hackathon aimed at solving real-world problems

The hackathon organized by Filipino-owned IT and BPM service provider Pointwest, in partnership with AWS, saw students from 11 universities develop prototypes using GenAI that can have real-life applications.

GoTyme shareholders acquire fintech salary lender SAVii

Fast-growing digital bank GoTyme is set to propel the expansion of its payroll-enabled financial products through the recent acquisition of SAVii by GoTyme’s major shareholders.

Landbank mobile app now allows account opening, usage up 96% in Q1

The Land Bank of the Philippines has upgraded its Mobile Banking App (MBA), allowing its customers to open a digital account instantly at any time without visiting a branch.

Bill prohibiting gadget use during class hours filed in Senate

In filing the bill, Sen. Sherwin Gatchalian quoted the results of the 2022 Program for International Student Assessment (PISA) which showed that distraction due to smartphone use during class is correlated with a decrease in performance of about 9.3 points in mathematics, 12.2 points in science, and 15.04 points in reading.

Cebu City to deploy next-gen 911 emergency response system

Cebu City's local government has tapped NGA 911, an American company known for its 911 services across the United States, to deploy next-generation emergency response system.

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