FCash Global Lending, which operates online lending platforms Fast Cash and Fast Cash Loan, has made multiple attempts to collect loan payments by contacting or threatening persons other than those that the borrower has identified as guarantors or co-makers.
The Bangko Sentral ng Pilipinas (BSP) has approved the setting of an annual interest rate ceiling of 24 percent on all credit card transactions effective November 3 this year.
The National Privacy Commission (NPC) said it is initiating a deeper probe on its own after Facebook recently took down accounts supporting Pres. Rodrigo Duterte and Davao City mayor Sarah Duterte-Carpio due to “coordinated inauthentic behavior”.
A new study said there is a need for both government and private sector to support the promotion of most S&T disciplines given that new jobs are emerging from new technologies and industries.
The Philippine Ports Authority (PPA) is conducting a recent test run of the unified electronic ticketing system at the Port of Batangas and the Port of Calapan in Mindoro prior to full rollout next year.
Wireless broadband firm Now Telecom is slated to become country’s fourth telecom player after the National Telecommunications Commission issued last Sept. 14 the extension of its provisional authority (PA) to operate a mobile telecommunications system.
After getting flak for saying that the current Internet speed at 3 to 7Mbps is “not so bad”, Department of Information and Communications Technology (DICT) secretary Gregorio Honasan II acknowledged that the country should aim for a higher standard.
Dito also brushed off suspicions that China has control of the new telco, which is majority-owned by Davao-based businessman Dennis Uy, a close friend of President Duterte.
Among the guidelines contained in Advisory No. 2020-1 that the Data Privacy Council Education Sector issued recently is that schools must consider getting the consent of the parent or legal guardian of students below 18 years old before webcam-supported online discussions are recorded.
