Business IT

The new OTP will be specifically for online purchases, which is now the most popular way of using credit cards.

Telecommunications firm PLDT is not too keen about sharing its cellular towers with competitors, especially since this may open the door for just any new industry player to use them in their network rollout.

OFWs and seafarers can now apply for loans wherever they are, whenever they want to, and get an approval from AsiaLink in as fast as 24 hours via Lendr, the digital loans marketplace of FinTQ Corp.

Bongao is the capital of Tawi-Tawi with 35 barangays and a population of 100,257 people.

As a result of the sale, PLDT Online?s equity ownership in Rocket was reduced from 6.1% to 2%.

BSP governor Nestor Espenilla has raised the possibility of linking instant payment networks within member states of the Asean to enable cross-border payments, following the launch of the country's second automated clearing house called InstaPay.

The site is expected to employ over 400 people within three months and by the end of the year, the number is expected to reach over a thousand.

Via InstaPay, Filipinos can start enjoying safe and affordable electronic retail payments in real-time.

The Department of Trade and Industry (DTI) is partnering with PLDT-owned tech firm FinTQ, through Lendr, to provide a digital lending platform where micro, small, and medium enterprises (MSMEs) can avail of the Pondo para sa Pagbabago at Pag-asenso (P3) program.

The road ahead for the IT-BPM industry in the Philippines looks promising despite artificial intelligence (AI) and intelligence automation (IA), according to the IT and Business Process Association of the Philippines (IBPAP).