In what is believed to be the first case of a local firm found violating the data privacy law, the National Privacy Commission (NPC) has recommended the criminal prosecution of Fynamics Lending Inc., the operator of the PondoPeso online lending application that was the subject of numerous data privacy complaints.
Non-profit group Foundation for Media Alternatives (FMA) has released a new report on the mobile lending issue, which has been lingering in the last couple of years due allegations of debt-shaming and other forms of harassment.
Addressing news stories of its reported partnership with SpaceX, listed broadband provider Converge ICT said on Monday, Feb. 15, that is still “very premature” to discuss a deal to become the local partner for the US aerospace firm’s Starlink satellite broadband project.
Fiber broadband provider Converge ICT will make a formal announcement on Monday, Feb. 15, on the reported deal it has struck to become the local partner of SpaceX for its ambitious Starlink satellite broadband project.
In its 10th meeting held on Tuesday, February 2, the Financial Inclusion Steering Committee (FISC) agreed to endorse legislative priorities aimed at enhancing the country’s digital and credit infrastructure as critical enablers of financial inclusion.
Equally improving is the level of awareness of Filipinos on news or information about science and technology (S&T) that increased to 23% in 2020 from 18% in 2019.
The Department of Trade Industry (DTI) rolled out on Friday, Jan. 29, its e-commerce roadmap, eyeing the sector to value at P1.2 trillion or sharing 5.5 percent of the economy by 2022.
The Central Business Portal is being developed and deployed in phases, with the initial phase centered on an online, unified business application process.
The new framework expanded the activities subject to the licensing regime of the BSP from initially covering those involved in facilitating the exchange of virtual currencies.
