Features on the new myBOQ app include face or fingerprint recognition login, budget creation, live in-app chat, bill tracking, PayID and roundups to help reach savings goals.
Potentially, additional personal data such as a person’s sexuality, credit score, criminal record, gun license status, and vaccine status could be included in a digital ID.
More than three-quarters of those who opened a new financial account in the last year used digital channels to do so. Millennial and Gen Z consumers are more comfortable using digital channels to open accounts, take loans or apply for credit cards than their older cohorts.
THE Bangko Sentral ng Pilipinas (BSP) is unlikely to issue its own central bank digital currency (CBDC) in the near term, according to BSP Governor Benjamin E. Diokno.
Australia’s debit card system, eftpos, is continuing its rollout of secure online payments options at a pace, announcing the certification of local fraud and risk management company GPayments’ 3D Secure Server solution, ActiveServer.
Commonwealth Bank has placed a bet on the rising popularity of paying directly with bank accounts, investing in fintech Paypa Plane ahead of the mid-year switching-on of a new payment capability known as PayTo.
KhetScore, an AI-based farm score developed by Dvara E-Registry, leverages remotely sensed data from several satellites and enables remote multi-dimensional assessment of historical and concurrent agricultural activity.
