Banking Collapses in Paraguay, President Resigns
The promise of digital banking has transformed financial services across the world. Through lowering of barriers to entry, reducing operational costs, and expanding financial inclusion, digital banks have emerged as symbols of financial innovation and modernization. The recent crisis surrounding Ueno Bank in Paraguay, however, demonstrates that technology alone cannot guarantee trust, stability, or sound […]
No Cedula, No Barangay Certificate: Comelec’s ID Rule for Voter Registration
Commission on Elections’ (Comelec) says it will not accept barangay residency certificates and cedulas as proof of identity for voter registration. The Commission, in a media interview, stated that barangay certificates of residency and community tax certificates (cedulas) will no longer be accepted as proof of identity for voter registration after it uncovered cases where […]