Talk

EasyDebit successfully completes EMV migration

Irish International fintech company, Fexco has successfully completed migration to EMV - Europay, Mastercard, and Visa - processing in the Philippines for its EasyDebit microATM solution ahead of the Bangko Sentral ng Pilipinas deadline. The transition to EMV processing comes amidst industry-wide challenges on the migration from the less secured Magstripe (magnetic stripe) technology to the global industry standard of EMV chip technology. EMV ensures the safer and more secure processing of card transactions reducing the prevalence of fraud for card present transactions. EasyDebit has been at the fore of this industry change as one of first platforms to provide full EMV transaction activation on all of its terminals providing safe and secure banking to Filipinos across the country. EasyDebit is a ‘plug and play’ solution requiring minimal installation for merchants who simply download the EasyDebit Mobile App. EasyDebit is available in over 450 locations across the Philippines throug

READ MORE...

Globe, Nexmo ally to bring new voice solutions to SEA

Globe Labs, the innovative developer community of Globe Telecom, in partnership with Nexmo (part of Vonage (NYSE:VG), a global business cloud communications leader, have teamed up to deliver powerful voice solutions to the Philippine market and the rest of Southeast Asia. These readily-available and highly-reliable voice solutions will enable businesses and enterprises to boost operational efficiency and customer support functions; increase their customer engagement and loyalty with automated, contextual and personalized messaging; and, ultimately deliver much better business results. Nexmo, the Vonage API Platform, connects with more than 1600 carriers worldwide. Nexmo is also integrated with Vonage's global network which terminates 15 billion minutes of global voice traffic and more than 5 billion API calls annually. The combination of a vast carrier network and powerful APIs provides a high quality programmable voice experience. “We’re excited to partner with Globe Labs to offer

READ MORE...

Kaspersky's game simulates cybersecurity scenarios

Kaspersky Lab conducted its first Kaspersky Interactive Protection Simulation Online training (KIPS Online) with the local technology media recently to highlight the importance of teamwork in corporate cybersecurity. KIPS Online is a valuable addition to the previously available and highly regarded KIPS Live offline cybersecurity training. Both KIPS Live and KIPS Online versions offer actionable security intelligence training for top-level business executives around the world. Not your average Monopoly-style game KIPS Online brings cybersecurity awareness and real, actionable insight where it is needed most: to top-level management of large corporations. Based on 20 years of Kaspersky Lab’s cybersecurity experience, Kaspersky Interactive Protection Simulation solves two essential senior management awareness challenges: the need to be prepared for swift, high-level reaction on cybersecurity incidents and a lack of time. Mutual effort brings down recovery costs According to Kaspersk

READ MORE...

Ecommerce spending in PH to reach >PhP 121B this year

Digital payment and Ipsos leader PayPal released the PayPal Cross-Border Consumer Research 2018 for Philippines. The report, which investigates the online shopping habits of approximately 34,000 consumers in 31 countries, including 1,006 participants in the Philippines, reveals a healthy e-marketplace with over half of Filipinos looking to increase their online spending in 2018. Coupled with the optimistic e-commerce outlook in the Asia Pacific region, the report presents new opportunities for Filipino merchants to expand their international sales. Online spending to rise In line with 55% of Filipinos expecting to increase their online spend, the total online spend of Filipino shoppers is predicted to increase by 32% from an estimated PhP 92.5 billion in 2017 to PhP 121.9 billion in 2018. Cross border, which refers to international trade, spend in the Philippines is also expected to grow by 47% in 2018 from an estimated PhP 41.5 billion spent in 2017. The key motivating factor for t

READ MORE...

British Council Learning Hub for IELTS launches in PH

The British Council, one of the co-owners of the International English Language Testing System (IELTS), recently launched the Learning Hub, a new center for learning the English language and preparing for English tests, particularly IELTS. "The British Council Learning Hub is a creative and inclusive space for individuals to gain new knowledge and skills that help improve their performance in the IELTS test, in turn enabling them to reach their goals," said Nick Thomas, Director for British Council in the Philippines. "It makes use of the British Council's 75 years of experience in English language teaching and assessment to provide a world-class facility for improving one's English proficiency." The new Learning Hub is located at the British Council's new office on the 7th Floor of The Curve at Bonifacio Global City in Taguig. Among the Learning Hub's offerings include the following: IELTS One-day Preparation Workshop - it familiarizes takers with the test IELTS Exceed Writing

READ MORE...

CIBI spearheads 1st Philippine Credit Forum

CIBI Information Inc. marked a new milestone as it spearheaded the first-ever Philippine Credit Forum at the Grand Hyatt Hotel in Taguig City. Riding on the theme Be Ahead of the Curve, the forum successfully gathered industry partners and representatives from various sectors, discussing relevant information about benchmarking and credit information. The first of its kind in the country, the forum put spotlight on financial benchmarking as an effective tool in assessing a firm's financial performance compared to its competitors. An embedded feature in financial institutions, it can be used in mitigating risk and fraud scenarios, and making sound decisions. "One of the key functions of this service is providing relevant information that gives users an insightful look into their specific industry," says Jim de Castro, VP for Credit Information, CIBI. "CIBI prepares this report through accurate financial data and other key statistics to ensure that the client will have the most complete

READ MORE...

LBC, Asia CEO spearhead 1st Asia ECOMM Summit

Industry experts recently gathered under one roof at the first Asia ECOMM Summit which was held at the Marriott Grand Ballroom in Pasay City. Embarking on the the theme "At First, Disruption Looks Like a Toy", the forum spearheaded by LBC Business Solutions, in partnership with Asia CEO Events focused on disruptive innovations and trends that come with the birth of e-commerce. "The E-Commerce Forum is the most convenient platform to bring to light the breakthroughs and challenges that beset e-commerce, and find means to resolve its glitches that stunt the fast-paced growth of their businesses," says Asia CEO President Rebecca Bustamante. Helping more Filipinos be included in the financial ecosystem, e-commerce addresses the needs of those, particularly the ones living in the countryside, to send and receive money, and settle transactions online, activities that were previously possible only through a bank or a credit card account. With a wide variety of products, prices, and shippin

READ MORE...

PSBank empowers customers with array of digital services

Amid the growing customer preference for mobile and online transactions, PSBank is stepping up its banking innovations on the digital front, comprising of its wide array of products and services available 24 hours a day, seven days a week. “PSBank has been steadily creating a digital ecosystem for our banking services with the aim of making things simple for our customers and enhancing their banking experience with us,” said PSBank Senior Vice President Noel Tuazon, Head of Marketing Group. Metrobank Group's leading thrift bank pioneered Cardless Withdrawal which allows cash withdrawal from any PSBank automated teller machine (ATM) without using an ATM card. Launched in October 2017, the service has been gaining traction in terms of customer usage. According to PSBank, average daily transaction jumped 23% at the end of the first quarter versus its equivalent at the end of last year. Cardless Withdrawal is easy to use. Clients must simply log on to their PSBank account on the Interne

READ MORE...

Kaspersky Lab moves assets, processes to Switzerland

Kaspersky Lab recently revealed that it is moving its assets and processes from Russia to Switzerland as part of its Global Transparency Initiative. The assets involved include customer data storage and software assembly, as well as core processes such as data processing for most regions, threat detection updates, and the creation of a Transparency Center. The move will be supervised by an independent Switzerland-based third party entity to ensure transparency and integrity. “Cyber world is encountering difficult times with the rise of Balkanization and protectionism. As a result of these actions, unfortunately, the only beneficiaries are cybercriminals. We believe that we need to address this new reality, and that is why we have announced Global Transparency Initiative,” said Anton Shingarev, Vice President for Public Affairs and Head of the CEO Office at Kaspersky Lab. Before the end of the year, Kaspersky Lab's products and threat detection rule databases will start to be assemble

READ MORE...

Cebuana Lhuiller stages 3rd Disaster Resilience Forum

Following the success of last year's disaster resilience forum, Cebuana Lhuiller gathered once again the country's industry experts in disaster management, risk reduction, and post-disaster rehabilitation at the 2018 READY Disaster Resilience Forum with the theme Disaster Resilience Begins with Me. This year's theme is an iteration of the past two forums, focusing on the need for everyone including the first responders; communities and families; and individual Filipinos to be ready and be fully equipped to take on an active role in disaster resilience. "When we started the Disaster Resilience Forum two years ago, our vision was to build a nation of resilient Filipinos - armed with the information and know-how to protect and help others during times of disasters and natural calamities," said Cebuana Lhuiller President and CEO Jean Henri Lhuiller. "This year, we would like to encourage each and every Filipino to take on a more proactive role in building disaster resilient communities

READ MORE...