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 Bangko Sentral ng Pilipinas (BSP), along with the Department of Trade and Industry (DTI), the Department of the Interior and Local…
The Bangko Sentral ng Pilipinas (BSP) posted the list of banks and e-money issuers that have waived their fees for InstaPay and…
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.
The BSP is asking banks to lower or completely eliminate fees for electronic fund transfers.
The Bangko Sentral ng Pilipinas completed issuing certificates of authority to six digital banks amid the pandemic.