Newsbytes.PH

Investree Philippines, a joint venture between Filinvest Development Corporation and Investree Singapore, is the first crowdfunding intermediary and funding portal registered with the SEC.

BPI chief digital officer Noel Santiago said money mules facilitate the transfer of illegally obtained money on behalf of someone else.

Solar lights, sewing kits, and sewing starter packs were also provided to the community.

By making payments and transactions more convenient, digitalization reduces the costs of production and distribution for businesses, the BSP said.

The SEC has cancelled the license of Fynamics, which operates online lending platform Pondo Peso for its repeated failure to comply with reportorial requirements.

Threat actors sought to take advantage of vulnerable online consumers during the busiest retail period of the year.

Nexplay, an e-sports ecosystem and technology startup founded by Filipinos, has announced that early investor Miguel Bernas will take on a more active senior leadership role as president and co-founder.

The Toll Group said that while it has maintained a presence in the Philippines since 2007 through local partners, the pivot towards a direct presence in-country provides with more autonomy and control over operations and service quality.

Under the bill, delivery service providers shall also be required to foot the bill in case of hoax-orders.

Citing data from credit reporting company TransUnion dated March 2021, Sen. Grace Poe said 44 percent of Filipinos have been targeted by digital fraud while fraud attempts against businesses have risen by 31 percent.