(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 […]
Now that the Christmas season is coming, scams in digital transactions are becoming more rampant. This is why banks are pushing for the mandatory phone registration more than ever. According to the Bankers Association of the Philippines (BAP), mandatory registration of mobile phones will decrease cybercrimes such as fraud and identity theft. Ramon Jocson, vice-chairperson […]
Need to remit money? Well, we have good news: UnionBank has partnered with PeraHub and Western Union for a fully digital remittance experience. This is another first from UnionBank and it will benefit many Filipinos wherever they are around the globe. According to the World Bank, the Philippines is the third largest receiver of remittances, […]
The Apple iPad Pro M1 is now available for pre-order at Digital Walker. For anyone that bites the bullet for Apple’s latest slate, confirmed pre-orders come with special discounts for cash and straight payments. Discounts are also extended for select iPad accessories such as the Apple Pencil 2nd Generation, Magic Keyboard, and Smart Folio cases. […]
The state-owned Land Bank of The Philippines has made it easier to open a bank account during the pandemic. As of today, you can now open a Landbank savings account via their mobile app. The bank has officially launched its digital onboarding system (DOBS) Mobile this week. This move is in line with Landbank’s support […]
Want to avoid paying ATM fees? We got you covered. If you haven’t heard, a number of local banks start implementing their interbank fees today with more banks soon to follow, thanks to a new Acquirer-Based Fee Charging (ABFC) model that the Bangko Sentral ng Pilipinas is now requiring banks to follow. Simply put, this […]
Landbank is rolling out its student gadget loan program which allows qualified students to take out personal loans to purchase gadgets for online learning purposes. The program comes from an expanded Interim Students’ Loan for Tuitions towards Upliftment of Education for the Development of the Youth or I-STUDY Program, which allows any student of […]
It is not just SpaceX that has plans to invest in the Philippines: new reports confirm that Japan’s KDDI Group and Softbank also expressed interest as well. As reported by GMA News, DFNN Inc. chairman Raymon Garcia confirmed in a disclosure that both KDDI and Softbank–the latter owned by Masayoshi Son–are interested in investing in […]
Heads up: Atm fees are set to increase in the Philippines, thanks to a new charging scheme for ATM transactions. First on the list is Bangko Sentral ng Pilipinas who are now adopting ABFC, a charging model wherein fees are charged to a cardholder for a withdrawal transaction or balance inquiry based on the fees […]
As Chinese New Year draws closer, Digital Walker and Beyond The Box are giving their customers a chance to win discounts via their own version of Ang Pao, with price drops up to Php 10,000. The promo is simple: every purchase worth Php 2,000 or more allows you to get a random Ang Pao with […]
Some banks have postponed charging electronic transfer fees until the end of March, allowing customers to enjoy waived charges for interbank transactions. This is also to lessen in-person banking for the safety of their customers. Fund transfers to other banks may happen in either of these two channels. One is via InstaPay, which allows money […]
As a follow-up to reports of Huawei planning to offload HONOR’s smartphone business last month, a new exclusive report from Reuters reveals that Huawei will sell HONOR’s smartphone division for CNY 100 Billion (~$15 Billion) to handset distributor Digital China and the Shenzhen government. The move is part of Huawei’s plans following the implementation of […]