Tag: DOF

Gov’t vows to run after criminals behind P167-M cyber heist at UCPB

The cyber theft, which was first reported by local finance website bilyonaryo.com, occurred during the Independence Day weekend this year. Hackers were said to have used a combination of ATM withdrawals and online transfers to undertake the heist.

PH gov’t launches ‘digital, branchless’ bank for overseas Filipinos

The national government, spearheaded by the Department of Finance and Landbank, has launched the Overseas Filipino Bank (OFBank) as a digital-only, first branchless government bank that allows overseas Filipinos to perform banking transactions anytime and anywhere in the world.

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