The Securities and Exchange Commission (SEC) has revoked the corporate registration and lending license of Delisha Lending Investor and Trading Corp. after finding that the company operated several undisclosed online lending applications and repeatedly failed to comply with regulatory requirements.
Mynt, the fintech company behind GCash, has received authorization from its board of directors and shareholders to pursue a potential initial public offering (IPO) on the Philippine Stock Exchange (PSE), a move that could pave the way for what analysts expect could become the largest stock market debut in Philippine history.
The Securities and Exchange Commission (SEC) has released for public comment a revised set of draft rules that would lift the moratorium on the registration of online lending platforms (OLPs) while imposing higher capital requirements and tighter consumer protection measures on financing and lending companies.
According to the Customer Xperience Association of the Philippines (CXAP), AI adoption is contributing to the emergence of new services and job categories across the industry.
The Asean Digital Economy Framework Agreement (DEFA) seeks to facilitate cross-border digital transactions by establishing common frameworks for areas such as digital identities, online consumer protection, electronic payments, cybersecurity, data governance, and emerging technologies.
The Securities and Exchange Commission (SEC) has issued separate cease-and-desist orders (CDOs) against Riscoin and BG Wealth Sharing Ltd., directing both entities to stop allegedly soliciting investments from the public without the required regulatory approvals.
The Securities and Exchange Commission (SEC) has granted final approval to BlockShoals Technologies Inc. to begin testing its financial products and services under the agency’s regulatory sandbox, paving the way for Binance-linked onboarding of Filipino users into a regulated crypto environment.
The Protect Technology-Telecom Alliance Pilipinas or PROTECTA Pilipinas is working with the Department of National Defense, the Armed Forces of the Philippines, and the Cybercrime Investigation and Coordinating Center to strengthen community participation in protecting telecommunications infrastructure and improving cyber resilience.
Japanese companies are exploring potential investments in the Philippines covering export-oriented manufacturing and AI-driven agricultural technologies, according to the Department of Trade and Industry (DTI).
Japanese firms pledged P56.3 billion worth of expansion projects in the Philippines during Pres. Ferdinand Marcos Jr.’s state visit to Japan, with several investments focused on artificial intelligence infrastructure, semiconductors, advanced electronics, and digital manufacturing.
