Business IT

The Information Technology and Business Process Association of the Philippines (IBPAP) said in a media briefing on Wednesday, June 9, that the country's IT and Business Process Management (IT-BPM) sector expanded despite various headwinds such as AI.

UnionDigital Bank has unveiled a series of enhancements to its mobile application and new programs aimed at promoting financial inclusion and literacy among Filipinos. 

Online shopping platforms have reported marked improvements in removing counterfeit and infringing product listings, according to the Intellectual Property Office of the Philippines (IPOPHL).

At its annual stockholders meeting last May 30, Converge CEO and co-founder Dennis Anthony Uy expounded the company’s plans to diversify beyond telecommunications.

Broadband services provider Converge ICT Solutions Inc. bared key movements within its leadership team as it announced the retirement of industry old-hand Jesus “Boboy” Romero.

BPO firm Concentrix, the largest private employer in the Philippines, has unveiled its newest site in the country – the Bacolod AIU.

After revoking the registration and license of online lending operator Digido, the Securities and Exchange Commission (SEC) has ordered Hupan Lending Technology and Hi-Fin Lending to stop their operations.

In a statement, Digido said these unauthorized branches were merely “exhibit booths” that were not permanent and therefore “cannot be treated as branches under existing laws and regulations”.

The SEC also previously cancelled in 2019 the lending license of Robocash Finance Corp., the former name of Digido.

Converge’s revenue spike was triggered by an expanding subscriber base in both its residential and enterprise segments.