The Securities and Exchange Commission (SEC) has ordered seven online lending operators to cease operations after they were found to be operating without proper registration.
Globe Telecom has raised concerns over the “Konektadong Pinoy” Act, which lapsed into law on Aug. 24, warning that its current provisions could undermine cybersecurity, weaken regulatory safeguards, and unsettle the telecommunications industry.
Launched on July 29, the Credit Risk Database Philippines Web-based Scoring System (CRDPh System) provides banks and other financial institutions (FIs) with a standardized tool for evaluating the creditworthiness of SMEs.
E-wallets emerged as the most common first financial product for Filipinos, especially among Gen Z and Millennials, overtaking traditional bank accounts.
The app utilizes near-field communication (NFC) technology to convert smartphones into payment terminals, eliminating the need for point-of-sale devices.
Globe Telecom has conducted a live pilot trial of 5G-Advanced, also referred to as “5.5G”, marking its first deployment of the technology in the Philippines.
India-based technology conglomerate iSON Group is set to pour up to $300 million into the Philippines over the next decade, a move expected to boost nationwide connectivity, create jobs, and strengthen the country’s digital infrastructure.
Converge ICT Solutions said it posted double-digit gains in the first half of 2025, buoyed by sustained demand in both residential and enterprise broadband services, as it accelerated its transition from a telecommunications firm to a technology-driven enterprise.
The partnership will use Starlink’s Low Earth Orbit (LEO) satellite technology to provide connectivity solutions for businesses in underserved and hard-to-reach locations.
