News and Articles

Online shopping fraud this holiday season

Online shopping fraud this holiday season

As we seek a balance between celebrating with loved ones and keeping safe, holiday celebrations in 2021 will most certainly look drastically different. But one tradition isn't going away: it's still...

All about mobile wallet and its functions

All about mobile wallet and its functions

E-commerce is starting to pick up speed, and digital payment systems are becoming more popular as a result. And where there is a demand, there must also be a supply. Why not make it available? To...

How to Send Money to Another Country?

How to Send Money to Another Country?

Have you ever had to send someone money in a different country? It might be difficult or frustrating, especially if it is for a pressing need. It's often considerably more difficult if the person...

Remittances grow during the “ber” months

Remittances grow during the “ber” months

Remittances over the "ber" months totaled $2.74 billion, up from $2.6 billion from September to December 2020 and also higher than the amount sent home in September 2019. With the Philippine economy...

The Philippine Currency

The Philippine Currency

An overview of the past Philippine history is sometimes divided into the several colonial periods that the country has experienced. Similarly, Philippine money can be categorised over time based on...

Fintech Solutions in the Philippines

Fintech Solutions in the Philippines

Filipinos have become known as among the world's most active social media users in recent years. According to research, as of January 2020, the Philippines had a social media penetration rate of...

Money Scams and How to Avoid them

Money Scams and How to Avoid them

Scam A dishonest or fraudulent scheme that tries to defraud others of their money or valuables. Dishonest groups, individuals, or companies use it as a confidence tactic. A scammer, trickster, or...

Understanding Exchange Rates

Understanding Exchange Rates

The real exchange rate, which specifies the rate of exchange between local goods and their overseas counterparts, is one of the most important relative prices in an economy. Also as result, changes...

The Importance of KYC Procedures

The Importance of KYC Procedures

It's critical to do your homework before entering a relationship. You wouldn't marry someone without getting to know them first, and you wouldn't hire someone without doing an interview first. Why...

Digital Money: Cryptocurrency Usage

Digital Money: Cryptocurrency Usage

Bitcoin was one of the first decentralized cryptocurrency to be launched in 2009, and it has since been widely used in criminal operations. Hearing about Bitcoin has been regarded as a laughingstock...

Impact of Covid-19 on Money Remittance

Impact of Covid-19 on Money Remittance

COVID-19 is without a doubt a public health emergency. It has, however, thrown the global economy into shambles. It has harmed virtually every business sector, resulting in worldwide labor market...

Best Investment for OFWs

Best Investment for OFWs

Most individuals assume that investing necessitates a thorough knowledge of the stock market and that they can only do it if they have taken economics or other finance-related programs. As a result,...

5 Strongest Currencies in the World

5 Strongest Currencies in the World

Currency? What is it really? How does it differ from money? Currency is a medium of exchange and is what we use to facilitate the sales, purchases, services or trade of goods between parties....

Voluntary Contribution of OFWs

Voluntary Contribution of OFWs

According to the latest data of the International Labour Organisation, there are approximately 11 million Filipinos working overseas. They may be permanent residents of different countries or for a...

How to Get the Best Peso Value of your Dollar

How to Get the Best Peso Value of your Dollar

Does money make the world go round? Recent statistics show numerous Filipinos, approximately 2.2 million as estimated by the Philippine Statistics Authority (PSA), went abroad to earn enough money...