DFNN cited by British publication for its innovative solutions

INFORMATION-TECHNOLOGY firm DFNN Inc. was cited by the UK-based International Finance Publications Ltd. (IFP) when it received the International Finance Technology Awards for the Most Innovative IT Solutions Provider for 2019. IFP’s magazine, International Finance Magazine, covers stories on banking, asset management, hedge funds, wealth management, pension funds, currencies, sovereign wealth funds, real estate and…

DFNN Wins 2019 International Fintech Award

LONDON – Information technology firm DFNN Inc. received the International Finance Technology Award as the Most Innovative IT Solutions Provider for 2019 from UK-based international Finance Publications Ltd. (IFP). The Philippine Stock Exchange (PSE) listed company was bestowed the award by IFP’s premium business magazine, International Finance, which covers stories on banking, asset management, hedge…

Reclaim

  In 1906, architect and urban planner Daniel H. Burnham drew up a plan that would have made Manila and the cities south of it immensely more livable than what they turned out to be. At the core of his plan was the reclamation of Manila Bay and the construction of public parks along the…

Winners Galore

Kudos to the Filipino athletes who achieved podium finishes in the ongoing Southeast Asian (SEA) Games. At the rate they’re winning medals, it is almost certain that Team Philippines will become the overall champion of the 30th SEA Games just like when we last hosted the biennial event in 2005. Credit should also go to members…

Safeguarding the integrity of contracts

The principles of due process and non-impairment of contractual obligations are enshrined in the Philippine Constitution, particularly under the Bill of Rights or Article III Section 10 of the country’s fundamental charter. According to a ruling of the Supreme Court, the purpose of this non-impairment clause is to safeguard the integrity of contracts against unwarranted…

Court upholds DFNN award ruling against PCSO

The Court of Appeals has again affirmed a claim by DFNN for damages from the Philippine Charity Sweepstake Office (PCSO) for unilaterally pulling out of an equipment lease agreement. In a ruling dated Sept. 27, but provided by DFNN on Thursday, the court said PCSO had failed to raise “new and substantial matters” to warrant…

DFNN expands offshore gaming business

Philippines-listed DFNN Inc. has incorporated a new entity to expand its offshore gaming operations, according to a filing from DFNN to the stock exchange on Wednesday. The company in question, Nico Bayan, will have an authorized capital stock of P15 million (US$293,437). Out of the subscription of DFNN, it will own 100 percent of the…

DFNN Inc. bags US POGO deal

MANILA, Philippines – A unit of gaming technology firm DFNN Inc. has bagged a Philippine Offshore Gaming Operations (POGO) service deal with AutoLotto Inc., a pioneering US mobile lottery service provider. This allows DFNN, through subsidiary Nico Bayan Inc., to expand its POGO business that does not rely on the Chinese market. At the Global…