Globe Reports 85% Reduction In Banking-related Spam Messages

Globe Telecom is reporting that its efforts in reducing bank-related spam and scam messages have largely been successful, with the telco achieving a large, 85% reduction in both for the first 3 quarters of the year. Read more: -Globe Blocks 32.2 Million Spam Text Messages in 2 Weeks -Philippine Congress Wants Spam Calls, Texts, Emails […]

Human Banking: Raymund Villanueva

Establishing a digital bank in a country that’s already saturated with multiple players isn’t easy. Doing so while in the waning days of a pandemic that’s upended both digital and physical business models sounds damn near impossible. But don’t tell that to Raymund Villanueva, Chief Marketing Officer of GoTyme Bank though – not only did […]

Security Bank Online Banking Services Down

If you are a Security Bank account holder, you will need to do your transactions over the counter for the meantime, as their online banking services remain down as of writing this story. In their Facebook post, Security Bank explains that they are experiencing technical issues with their online banking services, and did not give […]

Unionbank Acquires Citi Consumer Banking Philippines

Unionbank made waves today with its purchase of Citi consumer banking operations in the Philippines. Formally announcing the acquisition over their social media, they claim that the goal for this move is to build on continuous successes for the benefit of customers and teams – given that Citi is the largest operating foreign bank in […]

Multiple BDO Users Allegedly Fall Victim to Online Banking Hack

(UPDATE): Ellard Chua posted on his Facebook, saying that his name was used in one of the hacking incidents. In addition to that, Chua added that his account was compromised, losing over Php 50k in an unauthorized bank transfer to a Unionbank account allegedly belonging to Mark Nagoyo. Multiple BDO customers have allegedly been targeted […]

6 Reasons Why You Should Fully Switch To Digital Banking

With the constant threat of COVID-19, everyone is at risk every time they step outside their home to do anything. That includes physical transactions AKA handing people money, as well as shopping and banking at our usual, pre-plague locations. Online shopping via Lazada, Shopee, and Zalora has replaced our regular mall runs, and have made […]

Crowdsourcing: Which Mobile Banking App is the Best?

Help Me Out Here Guys via GIPHY Long story short, I’m frustrated with the current mobile app of my bank. Their service is always down and you just keep getting stuck on the log-in page. It’s reached a point wherein they’re no longer reliable and you say a silent prayer each time you log-in, hoping […]

Appeal to Banks: Beef Up Your Online and Mobile Banking Capacity During Holidays

Hopefully It Will Be Better in 2017 It’s the same every year. When December rolls in, the mobile and online apps of almost all local banks start to fail miserably. Logging in is incredibly hard and even if you do, it slows down to a crawl. In the event you do a transaction, there’s a […]

Voice Recognition Security for Banking Anyone?

Finally, voice recognition isn’t just a thing from science fiction. It has been invented and is already present in the Philippines! Citi, one of the most trusted banks in the country, just announced that they are ready to use voice recognition for added security and improved phone banking convenience of its local clients. How is […]

BPI To Cut Online, ATM Banking Access To Non-compliant Clients [Updated: Deadline Now Set To End Of September]

If you’re a Bank of the Philippine Islands account holder, you’ll want to read this important announcement from the local bank. In accordance with the Bangko Sentral ng Pilipinas Circular 706 that required financial institutions to update its customer information records, BPI is now asking all of its clients to update their financial information or […]