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Showing posts with the label BDO Digital Banking

Digital Payments Seen To Boost Post-covid Economic Growth And Recovery

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The limitation of face-to-face interaction during the COVID-19 pandemic led most businesses and employers to find recourse in digital technologies to keep their operations running. The pandemic has been truly disruptive for industries. However, it also brought out opportunities that made options such as remote work, automation, and data-driven decision-making, among others, immediately feasible. The pandemic accelerated the adoption of technologies that could also ensure continuous growth and recovery in the new normal. Among the most notable technologies that have seen growth during the pandemic is that of cash management services. BDO Senior Vice President and Cash Management System Head Carlo Nazareno explained that the importance of effective Cash Management Services (CMS), especially for SMEs, became undeniable during the pandemic. “Cash management consists of the strategies and processes that allow businesses, from SMEs to the top 500 or top 50 corporations, to move cash around...

Teaching kids the importance of saving for the future

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It is a fact that education is the best legacy parents can leave their children. This doesn’t only mean sending them to the best schools, enrolling them in workshops to hone their God-given talents, but also teaching them the necessary life skills to survive. We always remind our kids that they need to learn how to be innovative. Not in the sense of being smart like learned in school. The kind of savvy that will keep you one step ahead in real life. They have to become street smart, be resourceful, know how to put on the moves, learn how to play the game. The truth is we, their parents, won't be around forever. But while we are still here, we need to guide them, make sure they'll make it. How? Here are some learning tips that both parents and children can do together. Thinking abundantly.  Instead of saying you can’t afford something your child wants, sit together and discuss ways to earn the money needed to make the purchase. This creates a mindset of abundance -- instead ...