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GCash, operated by G-Xchange Inc., on Monday said it has made corrections to avoid a repeat of the inadvertent debiting that affected several users over the weekend due to errors in its system reconciliation process.According to Globe Telecom Inc. president and chief executive officer Ernest Cu, there were no unauthorized fund losses, as several users on Saturday reported transactions with amounts said to have been claimed by unknown users.
GCash on Sunday said it has completed the necessary wallet adjustments, and that customer accounts were safe, with security remaining as the top priority.The Ayala Group, through its wholly-owned unit AC Ventures Holdings Inc., in August announced plans to increase its stake in Mynt by an additional 8%. Japanese lender Mitsubishi UFJ Financial Group , through its consolidated subsidiary MUFG Bank Ltd., is also acquiring an 8% stake.
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