Pagcor to launch protective app
THE Philippine Amusement and Gaming Corp. (Pagcor) announced it will soon launch an application that will enable online gaming players to use only licensed and regulated platforms. Speaking to members of the House Committee on Appropriations during the agency’s budget hearing on August 24, Pagcor Chairman and CEO Alejandro H. Tengco said the planned app, to be launch before the end of the year, aims to strengthen player protection amid the proliferation of illegal online gaming platforms. Tengco said the application will make it easier for players to play exclusively in authorized gaming sites that are subject to regulatory requirements and safeguards.
PDIC retains certification for processes
The Philippine Deposit Insurance Corp. (PDIC) announced it has maintained its ISO 9001:2015 certification for the ‘quality management system’ (QMS) of two of its core operations following a successful surveillance audit by certifying body TÜV SÜD Management Service GmbH (TÜV SÜD). Conducted in May 2026, the first surveillance audits for the year evaluated the QMS on ‘claims settlement operations’ (CSO) and ‘assessment of member banks’ (AMB), the PDIC said in a statement. The audit yielded zero major or minor non-conformities, ‘reflecting the corporation’s robust institutional compliance and high standard of service delivery,’ it added.
SG firm awards Security Bank
THE Security Bank Corp. announced it and subsidiary Security Bank Capital Investment Corp. (Security Bank Capital) earned three recognitions at the ‘Asian Banking and Finance Awards 2026,’ an event organized by Singaporean firm Charlton Media Group. The lender’s retail statement read that its banking segment was awarded ‘Mobile Banking and Payment Initiative of the Year-Philippines’ while its wholesale banking segment was awarded ‘Domestic Digital Transformation Bank of the Year.’ Security Bank Capital also received Syndicated Loan of the Year-Philippines for the P150 billion senior term loan for Terra Solar Philippines Inc.