Business IT

UnionBank signed an MOU with Now Corp. and affiliate Now Telecom to utilize and promote the use of new generation telecommunication networks, including 5G wireless technology, in support of the bank’s digital transformation roadmap.

The number 7 has now been added at the beginning of the Globe At Home landline numbers and Duo numbers and the number 3 has been added to Bayan landline numbers.

The first activated site with a 1Gbps broadband connectivity via fixed wireless is UnionBank’s corporate headquarters in Ortigas Center, Pasig City.

Sending allowance for children and family members is the top reason for money transfers, and e-wallets are seen to become increasingly relevant and attractive as it provides more functions and benefits.

House Bill 4886 gives power to the NTC to impose a penalty of at least P1 million for every day of violation against erring telcos. The NTC is also given powers to order refunds to consumers, too.

PayMaya is providing its universal payments platform to DTI to accept all forms of non-cash payments.

The agreement will have Transcend Towers build an initial 150 sites for Globe in North Luzon.

The amount will be used to support industries that will undergo digital transformation and businesses undertaking innovation activities.

With the renewed partnership, NHMFC borrowers can soon pay for their housing loans at the NHMFC website using any Visa, Mastercard, or JCB credit, debit, and prepaid card as well as via their mobile numbers linked to their PayMaya account.

Under the Lending Company Regulations Act, investors or entities that offer money for lending as a business need to incorporate and register with the SEC, while the BSP also has jurisdiction over lending firms because of its power to supervise activities like “credit granting,” which is essentially lending.