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A total of 2,991 Pantawid Pamilya Pilipino Program (4Ps) beneficiaries in Cebu City received their EMV (Europay, Mastercard and Visa) chip-enabled cards from Land Bank of the Philippines (LBP) on May 5. Cebu City is the pilot…
The House of Representatives has passed a measure meting out the penalty of life imprisonment for the hacking of a bank’s systems, which would be considered a form of economic sabotage. House Bill No. 6710, which was…
WITH Bank of the Philippine Islands’ electronic banking channels — including automated teller machines, mobile and web-based platforms deliberately placed on offline mode to address an “internal data error” on Wednesday, here are some key takeaways from…
WITHDRAW NOW A PUBLIC official was talking to reporters when his assistant walked in and handed him the item he requested. The official told his assistant to get his ATM card from his wallet, remembering that it…
THE three Romanian nationals who were tagged in a series of unauthorized automated teller machine (ATM) withdrawals in Cebu were transferred from the National Bureau of Investigation (NBI) stockade to the Cebu City Jail yesterday. Judge Soliver…
ABOUT a week after he lost P100,000 in unauthorized automated teller machine (ATM) withdrawals, retired Judge Meinrado Paredes got the full amount back from the Land Bank of the Philippines-Capitol Branch. The amount, he said, was fully…
While the three Romanians accused of skimming the ATM accounts of depositors and government employees at the Land Bank of the Philippines (Landbank) Metro Cebu branches languish in jail, it’s time for the local banking community to…
About a week after he lost P100,000 in unauthorized automated teller machine (ATM) withdrawals, retired Judge Meinrado Paredes got the full amount back from the Landbank of the Philippines-Capitol Branch. The amount, he said was fully restored…
The three Romanians tagged in the series of unauthorized ATM withdrawals in the Metro Cebu branches of the Land Bank of the Philippines waived their right to a preliminary investigation at the Cebu City Prosecutor’s Office yesterday.…
CEBU CITY–The police Regional Intelligence Division (RID) recovered an abandoned Toyota Camry car believed to be owned by the three Romanian nationals who were arrested on suspicion that they were behind the series of unauthorized withdrawals of…
People beware. The recent arrest of three Romanian nationals believed to be members of a syndicate engaged in ATM skimming, may just be the proverbial tip of the iceberg. Deputy mayor on police matters and Cebu City…
THE National Bureau of Investigation in Central Visayas (NBI-7) is calling on victims of ATM skimming to visit the NBI office to issue sworn statements against the three Romanian nationals earlier arrested by NBI agents. Although physical…
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