Tag: GCash

Globe Telecom shrugged off a tougher economic backdrop to post record second-quarter revenues, with surging demand for mobile data, fiber broadband and enterprise digital services cushioning an earnings decline due largely to one-off items.

Artificial intelligence is reshaping industries worldwide, but Philippine businesses are still lagging in adoption, prompting GCash to rally government, regulators and the private sector behind a faster, safer digital transformation.

GCash is widening its digital philanthropy platform after raising more than P8 million for earthquake relief efforts in Mindanao and adding 14 new non-government organizations (NGOs) to its in-app donation hub, GBayanihan.

GCash has stepped up its campaign against digital fraud, shutting down more than 6,700 fraudulent merchant accounts and illegal gambling sites linked to the country's QRPh payment system as online scammers adopt increasingly sophisticated tactics to target consumers.

The planned initial public offer of Mynt, the company behind GCash, could do more than raise fresh capital. It may provide the Philippine stock market with the kind of growth story it has been missing.