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Protect yourself: Tips to avoid online shopping scams | Inquirer Business

MANILA -Checking off the Christmas list has been made convenient because of online shopping, as Filipinos just click “add to cart” items they want including clothes, food and even gadgets. Purchasing via mobile, actually, is a preferred mode particularly among local buyers and the majority of them are expected to spend more on online shopping at this time as they buy their friends and family gifts for the holidays, according to a survey conducted by marketing platform InMobi. However, with the convenience comes risks. Cyberhackers are stepp ...

Citi acquisition hits UnionBank’s 9-mo earnings | Inquirer Business

MANILA -Union Bank of the Philippines registered a weaker bottom line in the January-September period despite stronger revenues as expenses ballooned following the acquisition of Citi’s consumer business and rollout of its digital-only banking arm. On Tuesday, the Aboitiz-led bank announced its net income amounted to P8.1 billion in the first three quarters, lower by 19 percent than the P10.09 billion it booked in the same period last year. Net revenues climbed by 48 percent to P52.8 billion during the period as net interest income grew by 34 ...

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