Kaspersky Lab reveals how criminals could exploit biometric ATM authentication

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Researchers at Kaspersky Lab have investigated how cybercriminals could exploit new biometric ATM authentication technologies to steal the fingerprint data of banking customers.While many financial organizations consider these emerging biometric-based ATM solutions to improve security over current authentication methods, cybercriminals can potentially use biometrics to steal sensitive information.In...

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Philippine Growth Forecast 2016 is RAISE by International Monetary Fund, ADB

ADB, IMF raise PH growth forecasts for 2016MANILA — Despite the “political noise” just a few months into the Duterte administration, multilateral lenders Asian Development Bank and International Monetary Fund raised their respective 2016 growth forecasts for the Philippines on the back of solid economic fundamentals.Following the conclusion...

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Philippines' Stocks PSEI seen to Rise

PSEi seen to riseThe local stock barometer is seen attempting to climb the 7,800 level this week as certain large-cap stocks are expected to benefit from month-end and quarter-end window-dressing activities.Last week, the main-share Philippine Stock Exchange index (PSEi) rose by 2.25 percent to close on Friday at...

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Philippine Largest Bank BDO UNIBANK sets ₱60 Billion Php ($1.2 Bln USD) Capital Build up

BDO sets P60B capital build-upTHE COUNTRY'S leading lender BDO Unibank is raising ₱60 Billion Pesos ($1.2 Billion USD) in fresh capital to support growth objectives in the following years and brace for higher capital requirements.BDO's board approved the increase in additional capital through the sale of new shares...

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Globe tests TV white space frequency

Carlson TV white space technologyGlobe Telecom recently completed a trial phase for the use of so-called TV white space frequency to efficiently provide broadband access to remote rural areas.Emmanuel Estrada, senior vice president for network technologies strategy, said the frequency allowed the company to provide broadband access to...

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Philippines' Double Dragon Aims to Build new Shopping Mall Empire outside Manila

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Double Dragon CEO Edgar "Injap" SiaPhilippines' Double Dragon aims to build new mall empire outside ManilaCLIFF VENZON, Nikkei staff writerWith the Philippines' consumption-driven economic boom showing no signs of abating, modern retail enterprises are sprouting up outside the capital. Some of the seeds are being planted by new...

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