The two Philippine FinTech groups -- FinTech Alliance.PH and FinTech Philippines Association – have announced plans to collaborate on the launch of the Philippines Fintech Industry Sandbox, which is supported by the UK Prosperity Fund Asean Economic Reform Program (Asean ERP).
Under the proposed rules, a regulated entity must create a management group called the Information Security Group (InfoSec Group), separate from its existing Information Technology Group, and appoint a Chief Information Security Officer.
Cisco has launched Ugnayan 2030, a collaboration framework with government leaders, industry, and academia aimed at building greater digital resilience by unlocking the value of digitization in the Philippines.
Shoppers spent a total of more than 420 million minutes on the platform, while consumers also launched the app an average of 7 times per day, which is twice compared to a normal day.
Globe said it was able to build 500 cell towers in 2018. A year later, the company doubled its rollouts with 1,100 new sites. Even with the pandemic this year, the telco said it remains on target to rollout 1,300 sites this year.