The Bangko Sentral ng Pilipinas (BSP) has streamlined the identification process for Filipinos seeking financial services. Following the launch of the digital national ID…
The Bangko Sentral ng Pilipinas (BSP) is making significant strides towards launching its own central bank digital currency (CBDC), codenamed Project Agila. The project…
Digital banks in the country are relatively new.
The Bangko Sentral ng Pilipinas (BSP) and the Department of the Interior and Local Government (DILG) teamed up with GCash to launch the Paleng-QR…
The Bangko Sentral ng Pilipinas (BSP), along with the Department of Trade and Industry (DTI), the Department of the Interior and Local Government (DILG),…
The Bangko Sentral ng Pilipinas (BSP) posted the list of banks and e-money issuers that have waived their fees for InstaPay and PESONet transactions.…
Starting July 1, 2023, QR Ph will be the only standard for all QR code-enabled payment services in the Philippines.
BSP confirmed that the recent GCash incident of unauthorized fund transfers were the result of a phishing attack, rather than hacking.
The BSP has issued new rules covering financial institutions’ use of electronic “know-your-customer (KYC) processes”.
The Bangko Sentral ng Pilipinas (BSP) is mandating the full adoption of the Philippine QR Code standard or QR Ph by July 1, 2023.