CEZA Administrator Raul L. Lambino revealed this week that 21 fintech firms are expected to invest around Php 2 billion in the freeport within the next two years. The Secretary said that the startups, which are mainly engaged in blockchain and cryptocurrency operations, will be committing 1 million each for...

The term "cyberspace" was coined by a science fiction writer[1] to describe the boundless electronic system of interlinked networks of computers that provide access to information and interactive communication.[2] Today, cyberspace and the internet refers basically to the same thing.[3]  It is a separate kingdom in which the laws of...

WeChat dropped from its platform this week a US-founded “sugar daddy” website called SeekingArrangement which caught the attention of state media due to its rapidly rising popularity. The dating platform is often used by young women and rich older men to connect in a money-for-love arrangement. However, Chinese authorities began investigating...

Kenya’s director general of budget, fiscal and economic affairs at the treasury revealed last Thursday that the government is moving to regulate predatory lending brought about by the country’s boom in lending startups. A number of fintech lenders are said to be using mobile money technology to extend credit to both...