Financial technology startup Traxion Tech has succesfully developed a cardless teller machine for its network solutions arm CoopNET which can be accessed completely using a smartphone and system-generated QR codes to provide more options to underserved cooperatives and financial institutions in far-flung areas in the Philippines.
The overall increase in transaction value was propelled by the bank’s corporate Internet banking platform, the Landbank weAccess, which logged 13.26 million transactions worth P2.95 trillion – a 739% increase in value from the same period last year.
Common tower firm EdgePoint Infrastructure and its local subsidiary EdgePoint Philippines said infrastructure sharing and digitizing operations are the strategies that local telcos should adopt in order their operations across the country.
In the first nine months of the year, PLDT also built 1.29 million additional fiber-to-the-home (FTTH) ports ,bringing total FTTH capacity to 5.9 million.
Fiber Internet provider Converge ICT Solutions said on Thursday, Nov. 10, that it now has more than 6.7 million fiber ports, making it the largest fiber infrastructure network in the Philippines.
Sky Cable said it is intensifying its campaign against rampant illegal cable cutting and theft that has adversely affected thousands of Filipino families’ access to Internet and cable connectivity, information, and entertainment.
The planned Asia Link Cable (ALC) will be approximately 6,000 kilometers in length, connecting Hong Kong and Singapore as its trunk, with branches into the Philippines, Brunei Darussalam and Hainan, China.
Astrazion Foundation and Astrazion Global operated an online multi-level marketing platform where it actively promoted the sale of its digital currency called AZNT Token for 10 cents per token.
UnionDigital Bank has also onboarded its first corporate account customer, Philippine Digital Asset Exchange (PDAX), marking the commencement of accumulating corporate account openings at UnionDigital Bank.
