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Business IT

Digital loan referral program launched to target ?unbanked? sector

Aiming to use technology to reach sectors of the society that do not have access to financial services, PLDT unit FinTQ has partnered with the Bangko Sentral ng Pilipinas (BSP) and several civil society groups to launch a new initiative called ?KasamaKa.?

DTI chief says BPO industry must retool to tackle AI threat

There is a way to make artificial intelligence (AI) work for the sector of the business process outsourcing (BPO), the country?s trade chief said.

Free online tool for local firms to target export markets

The Export Potential Map makes it easier for domestic exporters to search for business opportunities and countries on what goods and services to export, according to the International Trade Centre (ITC), which developed the tool.

PCC clears Jack Ma?s Alipay acquisition of Globe fintech unit Mynt

The PCC decision stated that there appears to be no increased ability nor incentive for Mynt to block entry or expansion of other players in the market after the acquisition.

Remittances, BPOs helped Shopee make 2016 its banner year

Online shopping platform Shopee said 2016 was its banner year, thanks to remittances which boosted personal consumption spending and revenues from the business process outsourcing sector.

PayPal launches business app for freelancers, small firms

The PayPal Business App allows merchants to review transactions, check balances in all currencies, send customized invoice to clients, track unpaid accounts, and streamline their communications with clients at any time and place.

To speed up turnaround plan, PLDT pivots mobile Internet strategy

The PLDT Group said it is shifting its mobile Internet strategy to sell not just connectivity, but service packages that will address Filipinos? increasing appetite for video, gaming, and other digital content.

Social media info maybe key to loan approval, says European fintech

A new, important role is emerging for the social media sites: as a rich source of big data, and for finance companies, a new tool for approving loans and managing risk ? especially for those borrowing for the first time.

Big tech — not fintech — causing great disruption to banks: report

Another finding of the report is that fintech start-ups, while achieving success in terms of changing the basis for competition, have had less impact than expected in disrupting the competitive landscape.

Bacolod wants to create 5,000 jobs in healthcare BPO by 2022

In 2014, the Bacolod-Negros Occidental Federation for Information and Communications Technology (BNEFIT) set the goal to achieve at least 60,000 jobs in the ICT industry by 2022, including HIM jobs.

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