Biometric RBA fortifies lender’s mobile banking services
UnionDigital Bank, the digital subsidiary of UnionBank of the Philippines and regulated by the Bangko Sentral ng Pilipinas (BSP), has integrated iProov’s Dynamic and Express Liveness biometric solutions to strengthen its risk-based authentication (RBA) framework.
Global rice glut to drive prices lower in coming months—IRRI
The International Rice Research Institute (IRRI) anticipates further drops in global rice prices from the current range—equivalent to P18 to P20 per kilo, excluding tariffs. The institute points to a world market flooded with supply and aggressive pricing by major exporters as key drivers of the slide.
ADB greenlights USD400M push to reform insurance sector
The Asian Development Bank (ADB) has approved a USD400 million policy-based loan to overhaul the Philippines’ insurance sector, with the goal of improving efficiency, encouraging broader participation, and fueling stronger economic growth.
SM adds shopping spark to La Union’s surf town
SM Prime Holdings Inc. is adding to La Union’s surf and sunset charm with the opening of SM City La Union on Friday, October 17—a new lifestyle and shopping destination in the heart of one of Northern Luzon’s top tourism draws.
Government commits to ‘No Sugar Imports’ until 2026
Agriculture Secretary Francisco Tiu-Laurel Jr., Sugar Regulatory Administration (SRA) Administrator Paul Azcona, and SRA Board Member and farmers’ representative Dave Sanson met recently to address concerns over the low price of raw sugar seen during the first sugar bidding in Negros on 9 October.
