CIBI Information Inc. has launched the Fraud Intelligence Data Sharing (FIDS) Network to enable institutions to share fraud signals through a secure, centralized database.
Addressing thousands of local legislators, Coins.ph CEO Wei Zhou challenged local government unit (LGU) leaders to modernize public collection systems to meet the "new expectation" of instant service.
The Security Champion Award recognizes the best-performing local bank across four core security dimensions – issuing fraud rates, issuer authentication approval rates for online transactions, acquirer fraud rates, and fraud mitigation program implementation. This is the second consecutive year RCBC has received the award.
GoTyme Bank was also recognized by Visa for having the highest debit payment volume growth, the highest active debit cards growth, and the highest contactless transaction growth for issuing, as well as being one of the first Philippine issuers to launch Google Wallet and Google Pay for its customers.
Central to this strong performance is the spread—the difference between the buy and sell price—which Coins.ph has reduced to an industry-low 3 basis points (bps), well below the 12 to 35bps offered by other exchanges.
As scams shift from traditional SMS schemes to phishing, online card fraud, and account takeovers, Visa says it is sharpening its focus on protecting Filipino consumers.
Adjusting to anything new can be challenging. Building safer digital habits, in particular, takes some time, and that’s okay. GCash, the Philippines’ leading finance super app, promotes the idea...
By allowing users to access their accounts using Google Sign-in, Coins.ph removes the friction of password management while ensuring that sensitive login credentials are never shared with or stored by the platform.