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Resilient Finances in Turbulent Times: How Filipinos Adapt amid Economic Uncertainty

ACCORDING to the Asian Development Bank, the Philippine economy is expected to pick up in 2024. The forecast for the 2024 gross domestic product (GDP) is maintained at 6.2 percent with household consumption and public spending on infrastructure and social services contributing to the country’s economic expansion. Regarding inflation, the…
Asian Development Bank Transunion Information Solutions Inc Philippine Statistics Authority Consumer Pulse Study Transunion Information Solutions

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'Black Friday Sale' online fraud didn't spare Pinoys

ELECTRONIC commerce transactions made by Filipinos during this year’s Black Friday Sale were not marked safe from fraud, according to latest data from TransUnion LLC. Based on proprietary insights from the firm’s global device risk consortium, the analysis found that 12.8 percent of e-commerce transactions in the country between November…
United States Yogesh Daware Transunion Information Solutions Inc Black Friday Sale Black Friday Internet Protocol

Digital fraud attempt rate in PHL insurance at 7.1%

AS suspected global digital fraud was seen higher in the first half of 2023, a recently issued analysis by TransUnion LLC revealed that the insurance industry’s attempt rate was lower compared to its retail and video gaming industries. “When the consumer is located in the Philippines during the transaction, among…
United States Yogesh Daware Transunion Information Solutions Inc Transunion Information Solutions Philippines Yoy Manager Yogesh Daware

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