Bangko Sentral ng Pilipinas governor Diokno said he wants the Philippines to become a digital-heavy, cash-light society to help achieve inclusive growth.
The internal mobile number portability (MNP) capability covers all postpaid to prepaid, prepaid to postpaid, and prepaid to prepaid customer movements within Globe and TM brands.
The Electronic Simplified Processing of Application for Registration of Company (eSPARC) is expected to facilitate faster and easier registration of corporations in the country.
Globe said it beat Smart across 10 out of 17 regions in the Philippines in terms of mobile download speed. Smart, on the other hand, said it captured the title as the country’s fastest mobile network for the third year running.
The Securities and Exchange Commission (SEC) said it will allow corporations enrolled in the newly launched Online Submission Tool (OST) to submit electronically signed annual financial statements (AFS) while Metro Manila and nearby provinces remain under enhanced community quarantine.
Under the acquirer-based fee charging (ABFC), which took effect on Wednesday, April 7, banks can set the ATM fees they want to charge on cardholders of other banks who use their machines.
Tonik said it aims to disrupt the Filipino retail banking industry by bring to the market a revolutionary and completely branchless way of banking on a secure mobile platform.
