FinTech Alliance PH welcomed the Bangko Sentral ng Pilipinas’ clarification on Circular No. 1238, saying the central bank has confirmed that the regulation is intended to promote cost-based fair pricing rather than impose zero transaction fees on digital financial services.
As digital commerce continues to expand in the Philippines, platforms such as TikTok Shop are stepping up efforts to combat counterfeit and unsafe products while strengthening consumer trust and brand protection.
The Securities and Exchange Commission (SEC) has shut down Microdot Lending Corp. for operating undisclosed online lending platforms and engaging in unfair debt collection practices.
Globe Telecom has assumed leadership of the Global Anti-Scam Alliance (GASA) Philippine Chapter, bringing together banks, telcos, tech giants, and regulators in a national effort to fight online fraud.
The Securities and Exchange Commission (SEC) has shut down seven unregistered online lending platforms (OLPs) for operating without approval and exposing borrowers to potential abuse.
The Philippine Competition Commission (PCC) and the National Water Resources Board (NWRB) explored opportunities to improve regulation and competition in the water distribution sector in a strategic policy dialogue held on June 11.
Converge ICT Solutions Inc. conducted a cyber safety and livelihood training session on May 22 for 30 mothers and their children in Bamban, Tarlac, amid growing concerns over online scams targeting low-income communities.