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DAOCre-8 team celebrating their achievement at the Solana Hyperdrive Hackathon, representing Filipino innovation in blockchain technology.

Philippine Team DAOCre-8 Shines at Solana Hackathon with Innovative Blockchain Platform

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The Philippine development team, DAOCre-8, has made a remarkable impact by securing a fourth place at the Solana Hyperdrive Hackathon. Competing in a field of over 7,000 participants from 120 countries, DAOCre-8 clinched the DAOs & Network States category, bagging a prize of USD 10,000. The hackathon, hosted by the blockchain pioneer Solana, was designed […]

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UnionBank of the Philippines' UnionBank Online app showcasing new Bitcoin trading feature.

UnionBank Breaks New Ground: First Philippine Universal Bank to Launch Mobile Crypto Trading with BSP Approval

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Union Bank of the Philippines (UnionBank) has once again solidified its reputation as a pioneering force in the banking industry, achieving a groundbreaking milestone by obtaining approval from the Bangko Sentral ng Pilipinas (BSP) to function as a virtual asset service provider (VASP). This progress makes UnionBank the first and exclusive universal bank in the

UnionBank Breaks New Ground: First Philippine Universal Bank to Launch Mobile Crypto Trading with BSP Approval Read More »

Louie Castañeda discusses the rise in banking fraud and the role of AI in finance for enhancing digital finance security.

Banks Encouraged to Leverage AI in Combating Escalating Fraud Cases

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The necessity for financial institutions to adopt a more forward-thinking approach has been underscored, following a surge in incidents of banking fraud, according to industry specialists. “The escalation in banking fraud cases in the Philippines is primarily due to the relentless evolution of hacker strategies, which is to be expected,” Louie Castañeda, SAS Philippines Managing

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