While eWallets like Maya and GCash offer crypto trading, they are limited to just buying and selling crypto assets. These platforms do not have the ability to conduct transactions using crypto assets, so this meant that you cannot do peer-to-peer transactions. This is what makes Unionbank different after it gained a license to operate as […]
One of the concerns about using eWallets like GCash is the odds of falling into a scam. We previously made a tutorial on what you should do in case you got scammed in GCash, and the fintech platform has since made efforts to reduce scams on its platform. Staying true to its promise, GCash recently […]
Are you wondering if you were among the potentially millions of Philippine Health Insurance Corporation (PhilHealth) members whose private information was compromised in a recent cyberattack? The National Privacy Commission’s (NPC) newly released online tool may be able to provide you with an answer. The NPC’s “Na-leak ba ang PhilHealth Data ko?” portal, which was […]
After a rather embarrassing finding where a fake ID–one that has a photo of a monkey–was used for SIM registration, the NTC has issued new guidelines, where they will require live selfies before one can register a SIM card. “We issued an MO (Memorandum Order) yesterday (Monday, September 18), so it’s effective immediately…” NTC Commissioner […]
As the government is figuring out how to solve the problems regarding SIM registration, with the latest involving fake IDs used as requirements for compliance, one of the solutions the DICT is eyeing is to limit SIM registration to 10 per user. DICT USec. Alexander Ramos explained to the press that Filipinos usually prefer to […]
Despite all the efforts made by the SIM registration, scam calls and texts remain at large. Aside from alarming reports that include a raid where 28,000 registered SIM cards were found at a POGO facility, the Senate’s investigation further reveals that a fake ID may have been used for SIM registration requirements. The submission of […]
To further expand its line of lending products in the app and to make it more accessible to all of its users, GCash and Fuse Lending introduces Sakto Loans. It is nano loan product that enables users to borrow small amounts as “pambale” and having easy access to it without the need for unnecessary paperwork. […]
If you are one of the many people who had a hard time accessing their GCash account yesterday (September 4), the fintech platform explained that they acknowledged the problem. GCash assured everyone that their money is safe with them while they undergo upgrades to the app. While GCash is not specific as to what upgrades […]
Following its partnership with DOJ, NBI, and the PNP Anti-Cybercrime Group, GCash reports that the three government agencies did their job well in cracking down against alleged cybercriminals in the past few months. Their recent operations were able to arrest perpetrators of various scams like love scams and task scams, along with being able to […]
With the SIM Card Registration Act now in full effect, it seems that the law will be put to the test immediately as a recent raid of a POGO facility in Pasay City has recovered 28,000 registered SIM cards that might have been used in online scams. “The SIM Card Registration Act is supposed to […]
In case you don’t know, tomorrow, July 25 is the last day for you to register your SIM card, as the Department of Information and Communications Technology (DICT) has announced that there will be no additional SIM registration extension. The original SIM registration extension was given in lieu of Filipinos in geographically isolated and disadvantaged […]
As we become less dependent on cash and push for a cashless economy, there is also a rise in digital fraud like phishing and credit scams that are looking to victimize unsuspecting members of the population. In a survey conducted by TransUnion last year, 71% of respondents from the Philippines were targeted by digital fraud […]