Typhoon area incident raises speculation on energy chief’s fate WILL President Benigno Aquino eventually show energy chief Jericho Petilla to the door? Deputy presidential spokesperson Abigail Valte yesterday said that Petilla certainly has Aquino’s trust and confidence but added that heads will roll if “Pablo” affected areas still have no electricity in 45 days. The President got peeved and scolded some officials from the Department of Energy and the Department of Budget and Management on his visit to Cateel, Davao early this week, after learning that some of the areas hit by typhoon Pablo in 2012 are still without electricity. “The DoE is clearly on point on this and Seccretary Petilla has assured the full restoration of electricity in all ‘Pablo’ affected areas within 45 days,” Valte said. “He will be submitting a memo to the President containing the details of his action plan so no more passing (the buck), DoE is on point,” she added. For now, she urged the public to give the government time to restore electricity in “Pablo
Banks adopt EMV chip technology to counter ATM card ‘cloning’ MANILA, Philippines—Local banks would have to adopt a new security feature in ATM cards soon to combat card fraud that cost depositors more than P200 million last year.
The ATM security feature is on top of installing closed-circuit television (CCTV) cameras and posting guards at ATM booths.
At the Senate hearing on ATM fraud, Bangko Sentral ng Pilipinas (BSP) officials on Wednesday said it was about time banks started using EMV chip technology in ATM cards to counter card “cloning” or “skimming.”
Bank executives agreed with the idea as some 1,272 cases of ATM card fraud were reported in 2013 involving P220 million.
EMV, a...Keep on reading: Banks adopt EMV chip technology to counter ATM card ‘cloning’
UNA hits 'smear campaign' against Binay MANILA – The United Nationalist Alliance (UNA) on Friday criticized the Aquino administration for allegedly launching a smear campaign against presidential aspirant Vice President Jejomar Binay and his family ahead of the 2016 elections.
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