Kaspersky logs 60% increase in online banking Trojans
Kaspersky issued its Q2 2021 mobile threat report that reveals a 60% increase in mobile banking Trojan attacks in Southeast Asia (SEA).
Cybercriminals used online banking Trojans (bankers) to steal funds directly...
Pay-to-earn game Axie Infinity is taxable: what are netizens’ reactions?
"It's taxable, subject to income tax," these words from the Department of Finance (DOF) regarding Axie Infinity stirred mixed reactions among the netizens.
For context, Axie Infinity is a cross-platform game fundamentally...
BSP no longer entertains submissions of digital bank license starting August 31
Effective by the end of August, Bangko Sentral ng Pilipinas (BSP) will no longer accept applications for digital bank licensing.
According to BSP, the decision is "in line with the overall thrust...
Buy your games in Steam now with GCash!
Steam announced that it added GCash to its list of payment methods on the platform. So now we have GCash, PayPal, Visa, MasterCard, and eClub Points.
Steam authorizes this new payment through...
BSP directs Lyka to halt operations as OPS
The Bangko Sentral ng Pilipinas (BSP) ordered Lyka to halt its operations as an Operator of Payment System (OPS) and urged to register first as one. This is because the social...
Generate Bank Certificate feature now available in Komo app
EastWest Bank's Komo launched its Generate Bank Certificate feature on the app.
The feature is user-friendly, where users can generate a bank certificate directly from the app. This makes it more convenient...
PSBank customers can pay loans via ECPay, 7-Eleven
PSBank partnered with ECPay that allows customers to pay their loans through ECPay and 7-Eleven.
These loan options include Auto Loan, Home Loan, Flexi Personal Loan, and Business Loan. This means users...
PayMaya gets USD167 million for digital bank expansion
Voyager Innovations announced that it raised USD167 million (PHP8.1 billion) for PayMaya's digital bank expansion to offer more financial services in the Philippines.
Existing shareholders PLDT Inc., Kohlberg Kravis Roberts & Co....
You can now collect funds via Smart Padala with PayMaya’s Claim Anywhere service
PayMaya added Claim Anywhere service for users to send remittances or collect funds at any of the over 40,000 Smart Padala agents nationwide.
Senders only need the recipient's mobile number to send...
Tonik to start charging PHP 25 fee for select cash-in transactions by July 5
Starting July 5, digital bank platform Tonik announced a fee of PHP25 for top-up or cash-in transactions via debit card, GCash, and 7/11 channels.
Tonik explained that said transactions cost them about...
Lighthouse Canton establishes venture capital, private equity capability
Singapore-based wealth and asset management firm Lighthouse Canton announced establishing a capability to help better serve this growing market. This is in response to address investors' challenges with their portfolios to...
Xendit makes payment simple for individual sellers, entrepreneurs
Fintech solutions Xendit brings a world-class platform for individual business owners in the Philippines to settle payments quickly and securely.
Xendit's platform handles payments for the sellers, allowing entrepreneurs to focus on...
GCash considering cryptocurrency to its services
Globe Telecom's mobile wallet GCash revealed to explore the possibility of adding cryptocurrency to its financial products and services.
GCash president and chief executive officer Martha Sazon said it will include offering,...
‘E-payment Fraud:’ What is it and how to prevent it?
E-commerce has been significantly growing— even more so by the COVID-19 pandemic. Alternatively, however, this also led to an equivalent increase of fraudulent activities worldwide. One of the most notable is...
GCash cash-ins via 7-Eleven to require fee beginning May 17
GCash customers will need to pay a fee when cashing in via 7-Eleven starting May 17.
Previously, customers can deposit money in their GCash accounts via 7-Eleven free of charge. Starting May...
Landbank rolls out DOBS Mobile
Land Bank of the Philippines (Landbank) launched its Digital Onboarding System (DOBS) Mobile for Filipinos quickly open their savings account through the mobile app.
Customers can quickly glance at their ATM savings...
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APLICATIONS
Huawei Matepad Pro 12.6 to go live on June 25
There are only two days left for Huawei Matepad Pro 12.6 to be officially available in the Philippines!
As the name suggests, Huawei's new MatePad...
