DOTr Considering EVs for Public Transpo

In its bid to reduce the carbon footprint in the Philippines and improve air quality, the DOTr is looking to use EVs for public transpo, and Sec. Jaime Bautista said that they are working on a roadmap for the transition to EVs. ”We’re also asking the operators, instead of operating the Euro 5 or Euro […]

GCash Introduces GGives, GLoan, and GCredit Lending Tools

GCash introduces GLoan, GGives, and GCredit as its suite of lending products, which provide Filipinos with an easy and flexible borrowing process. The products are aimed at Filipinos who have outstanding loans, with the top three reasons being day-to-day expenses, emergencies, and fulfilling financial or life goals. Only 2 out of 10 Filipinos have access […]

Digido Gadget Craze Gets You a Chance to Win an iPhone 14

If you’re looking for a chance to get new gadgets for free, Digido is making that possible with its Gadget Craze promo, where customers get a chance to upgrade their gadgets when they apply for a loan. Prizes at stake with Gadget Craze include an iPhone 14, a Galaxy S23, an iPad Air M1, and […]

Over 1.2m Records from NBI, PNP, BIR Allegedly Leaked Online

UPDATE: BIR issued a statement on the issue, and said that the government agency did not experience any breach. “The Bureau has initiated response protocols to keep its database protected.” Read their statement below:   (Original story) Various government agencies that include the PNP, BIR, and NBI faced a major security breach, as over 1.2 […]

Goodbye Scammers: GCash Partners with PNP Anti-cybercrime Group

Scams are very rampant online, especially now that payments have become more convenient than ever. To combat scams through its e-wallet platform, GCash has partnered with the Philippine National Police Anti-Cybercrime Group (PNP ACG). Held recently during the #GSafeTayo media launch, GCash signed a memorandum of agreement with the Philippine National Police Anti-Cybercrime Group (PNP-ACG). […]

Shopping in Lazada is made Easier with Qwarta from Home Credit

Lazada is making shopping on its platform much easier with its partnership with Home Credit for the latter’s Qwarta program. Qwarta is Home Credit’s virtual credit program where it provides existing customers with good track record and payment history with an additional Php 10,000 spending limit. While Qwarta can be used to pay bills and […]

Marcos Kicks Off Construction of Metro Manila Subway

President Ferdinand R. Marcos Jr., together with Department of Transportation (DOTr) Secretary Jaime Bautista, led the groundbreaking ceremony for the two stations of Metro Manila Subway Project (MMSP)—Ortigas and Shaw Boulevard stations. According to Bautista, the Metro Manila Subway will be the crown jewel of the country’s mass transit infrastructure system after its completion. The […]

GCash Transactions Breach Php 500 Million Mark in March 2022

The onset of the pandemic has highly encouraged people to use all forms of cashless payments for their transactions. This is a boon for eWallets like GCash, which recently reported that they have breached half a trillion pesos in gross transactions last March 2022. In its press statement, GCash even claimed that its active users […]

Online Lending Apps: Yay or Nay?

One of the many things that the internet has made easier is lending. Online lending is now a thing, you can now borrow cash through mobile apps. With all the convenience it offers, online lending has attracted many consumers in the Philippines. Most lending apps require just your basic information, in addition to one valid […]

BSP Is Setting up Digital Marketplace Rules in the Philippines

The Banko Sentral ng Pilipinas (BSP) just announced that it is crafting rules to establish a “digital marketplace” in the Philippines. “The BSP is crafting rules that will allow covered banks and EMIs to establish a digital marketplace where they can partner with FSPs to develop and offer a wide array of financial products and […]

Digital Bank License

Tonik Bares Expansion Plans that Include Cryptocurrency Services

It has been a year since Tonik offered its services in the Philippines as a next-generation neo bank that offers competitive interest rates (as high as 6% per annum for time deposits) and convenient ways of opening a digital bank account. Since then, it has secured over Php 5 billion in deposits in a span […]

PriceLOCQ Lets You Buy Gas In Advance In The Philippines

For those of us who drive or use any form of motorized vehicle on a daily basis, the recent gargantuan hikes in fuel prices have been nothing short of painful. The average person will be sure to feel the brunt as well through the price increase of almost all goods and services in the market, […]