June 1, 2020

GCash adopts Alipay’s risk technology to bolster security


In keeping with the crisis-induced increase of activity in digital finance, GCash, the leading mobile wallet in the Philippines, adopted new and enhanced security and risk technologies by Alipay, the world’s leading open digital lifestyle platform.

Alipay recently upgraded its AI-powered risk engine, AlphaRisk to enhance its world-leading real-time risk detection and management capabilities.

“Security has always been at the core by which GCash operates, and as we transition to the new normal, we must provide a safer and more reliable user experience for GCash users. Through Alipay’s risk engine and technology, we are further bolstering our risk and security capabilities that will ultimately benefit our end-users,” GCash Chief Technology and Operations Officer Pebbles Sy said.

The acceleration of digital finance across the globe poses an overall concern over user security. With the integration of fintech into the new normal amid COVID-19, a new breed of fraud risks also arise due to potential cyber-attacks and identity theft, among others. This means that banks and fintech platforms have to prioritize fraud prevention and reduce vulnerability to crime in their digital strategies.

GCash responded to this by levelling up its security through Alipay’s risk engine and technology. The engine maintains a fraud loss rate of less than a 0.64 in 10 million. This means that out of P10 million pesos, only less than 0.64 centavos can potentially be lost due to fraud, which is significantly lower than industry average. 

With over 200 algorithms for risk profile adjustment thanks to the engine’s AutoPilot feature, GCash can employ the best risk management strategy as well as topnotch user experience. 

This means that GCash is almost invulnerable to losses due to fraud thanks to the enhanced technology. Since it detects all potential risks which threaten its customers’ money, it also leads to a worry-free user experience since subscribers can transact as much as they want without having to think about losing their money to fraud. 

AlphaRisk does this by quickly responding to risks detected by adjusting risk profiles within a short period of time. Not only did it help protect the 1.2 billion user accounts on Alipay and its wallet partners’ platforms, last year, over 10,000 Independent Software Vendors (ISVs) and merchants have upgraded security as well, and over RMB30 billion in funds have been protected from promotion abuse, which can damage a brand’s ability to retain and acquire customers.

In the local context, it also led to the launch of GCash Customer Protect last September, a program that ensures money-back guarantee for unauthorized transactions.

“At the beginning of our growth journey, we were facing challenges in adoption due to consumers’ lack of trust and security concerns. We have significantly decreased promotion abuse to less than 1 percent, and improved our security capability,” said Peach Lucienne Orbe, Head of Risk Decision Center at GCash. 

At present, GCash has over 20 million registered users who use the app for payment, remittance and financial services, as well as over 75,000 QR merchant partners.

Globe Fintech Innovations Inc. (Mynt), which operates GCash, is part of the portfolio companies of 917Ventures, the largest corporate incubator in the Philippines wholly-owned by Globe Telecom Inc.

GCash is available for download on the App Store and Google Play. For more information, kindly visit https://www.gcash.com/.

SM FOUNDATION donates COVID-19 TEST KITS to Mandaluyong City


Mandaluyong Mayor Menchie Abalos receives the donation of COVID-19 test kits from SM Foundation, turned over by SM Supermalls’ Ian Mathay. The 200 test kits worth close to PHP5M, is good for 2,400 tests and is in support of wider access to testing. This forms part of SM Foundation’s donation efforts of over P270M for hospitals and local governments to support the country’s fight against COVID-19. #SMCares

Catch the Shopee 6.6 Shake & Win TV Special on Wowowin Primetime and Win A Total of ₱1.3 Million in Cash

Tune in on June 6 and stand a chance to be one of the lucky winners 


Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, is inviting everyone to tune in to Wowowin Primetime on June 6 to stand a chance to win a grand total of ₱1.3 million. From 7:00 PM to 7:40 PM, the audience can anticipate fun games, non-stop prizes and giveaways, 6-peso deals, and up to 50% off on leading brands. 

Wowowin’s main host Willie Revillame will be joined by Kapuso stars Rhian Ramos and Julie Anne San Jose to host the show. Viewers can also look forward to performances from famous celebrities like Julie Anne San Jose, Kris Lawrence, and Michael Pangilinan. 


Key highlights of Shopee 6.6 Super Flash Sale: 
On June 6, consumers can expect fun games, amazing promotions, and big cash prizes. Key highlights include: 
  • Watch & Win: Six lucky viewers will get the chance to win ₱50,000 each. All they have to do is pre-register and tune in to Wowowin on Shopee Live. 
  • Shopee Shake: Three Shopee Shake winners will win a total of  ₱1 million. Two will win ₱250,000 each, and one lucky winner will take home a grand prize of ₱500,000. Viewers should tune into Wowowin at 7:10 PM, 7:15 PM, and 7:25 PM for the Shopee Shake Segment. 
  • All-day sitewide free shipping with ₱0 minimum spend on all flash deals 
  • 50% off on selected items: Get amazing deals across different categories. Users can get an Amazfit Stratos watch, a pair of Reebok Instalite Lux Women's Running Shoes, or a Fisher-Price Lion Walker at 50% off. 
  • Flash deals as low as ₱6: Consumers can look forward to amazing deals for as low as ₱6. 
  • Exclusive promos from leading brands: Users can enjoy exclusive discounts ranging from 20% to 50% off from leading brands such as Wyeth, Unilever Beauty, Shigetsu, L’Oreal Paris, Maybelline, P&G Home, and Nestle. 

Ruoshan Tao, Head of Marketing at Shopee Philippines said, “As more Filipinos are turning to online platforms for entertainment, we are excited to team up with Wowowin Primetime to bring greater fun and entertainment to Filipinos across the country, just in time for Shopee 6.6 Super Flash Sale. Filipinos can look forward to our continuous efforts on improving the platform; making it even more fun, social, and engaging for everyone.”

To find out more about the Shopee 6.6 Super Flash Sale, head over to https://shopee.ph/m/double-double.

Download the Shopee app for free via the App Store or Google Play.

May 31, 2020

Kalinga QC beneficiaries may opt for GCash as disbursement method

Quezon City residents may opt to receive their supplemental financial assistance from the local government safely, securely, and conveniently through GCash, the leading mobile wallet in the Philippines.



Through GCash, beneficiaries of the local government’s Kalingang QC Program stand to benefit from the wide array of financial services that GCash offers to its users — from savings to credit, from investments to insurance. 

Kalinga QC is the supplemental Social Amelioration Program (SAP) for the vulnerable sectors in the city. It aims to dole out P22,000 in financial assistance to solo parents, senior citizens, and persons with disability, among others. They may opt to choose GCash as the disbursement facility for the financial assistance. 

“Choosing GCash as their preferred disbursement facility allows beneficiaries to receive the financial assistance safely, securely, and conveniently. Aside from this, they may also use their GCash wallets for an array of services such as bills payment, online and offline transactions, and fund transfers, among many others,” GCash Vice President for Enterprise Luigi Reyes said. 

Beneficiaries of the Kalinga QC Program may use the funds facilitated through GCash to buy from over 70,000 GCash partner merchants like Puregold, Mercury Drug Store, 7-Eleven, among others via Scan to Pay via QR or Barcode, pay their electricity bills via Bills Pay, transfer money to and from 40 banks via Bank Transfer, and buy airtime load credits. 

They may also use their GCash wallets to get a savings account via GCash Save Money, invest in money market funds via Invest Money, and even avail of very affordable insurance plans via GCash Insurance. 

“We at GCash believe that the future is cashless, and it is only being accelerated now by this pandemic. Now, more than ever, we have to be vigilant of our safety and leverage digital technologies such as GCash for our everyday needs,” Reyes said. 

Globe Fintech Innovations Inc. (Mynt), which operates GCash, is part of the portfolio companies of 917Ventures, the largest corporate incubator in the Philippines wholly-owned by Globe Telecom Inc. 

GCash is available for download on the App Store and Google Play. For more information, kindly visit https://www.gcash.com/.

Maintain an active lifestyle at home with these tips from vivo

There are many ways through which people are coping with feelings of anxiety, depression, boredom, and other ill-effects of an extended enhanced community quarantine. One of these is stress-eating

While understandable, such a lifestyle may not be sustainable in the long run--especially if one has not been exercising. Unfortunately, most gyms and sports facilities won’t be opening anytime soon, so there is really no better way to shed-off excess fat than by adopting exercise habits at home.

Don’t know where to start? Here are simple and easy ways to get your body moving and getting it back into tip-top shape.


Start with simple activities

It would be unwise to instantly go through rigorous exercises and programs without priming your body to go through them. Activate and engage your body through simple activities such as cleaning the house while listening to upbeat music. You can also try meditating just to make sure that your mind is in harmony with your body.

Download Workout apps

The vivo app store has workout apps that contain plenty of programs and exercises. Try apps that include High-Intensity Interval Training (HIIT) programs where you do a series of repetitions continuously with minimal rest time. While these apps promote quick workouts that last less than 10 minutes, do not be fooled--you will feel like you just ran a marathon.




Head to Facebook for live workout videos

If motivation is what gets you going when it comes to workouts, try doing it together with other online users. Facebook pages of different gyms around the metro now offer both free and paid live online workout classes like yoga and shadow boxing that are sure to shed off a few “quarantine pounds”. If you’re not to keen on working out with strangers, you can always gather your friends for a video call workout session. Just make sure you actually work out and not end up having an “e-numan”--you can always do that at a different time.




Try Tik-Tok dance challenges

If conventional workout routines and exercises aren’t your thing, you can always try creating TikTok videos. Try engaging in a “dance workout” by trying out all the dance challenges created by users in the platform. You will actually sweat buckets trying to perfect the challenges over and over again.

These home-based exercise methods may not be the same as “maxing out” in the gym, but these are great ways to maintain an active lifestyle and fight off the urge to stress-eat during these unprecedented times.

All it takes are a few clicks. You can download the Facebook app and plenty of workout apps using the vivo app store, pre-installed in all vivo mobile devices.







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