The Bangko Sentral ng Pilipinas (BSP) projects that digital banks in the Philippines will remain unprofitable, much so, be in…
Bangko Sentral ng Pilipinas (BSP)
The Philippines has officially exited the Financial Action Task Force (FATF) grey list. This marks a major milestone in the…
Overseas Filipino workers (OFW) sent over USD $38.34 billion in remittances back to the Philippines in 2024, marking a 3%…
The Bangko Sentral ng Pilipinas (BSP) has introduced the Financial Cyber Resilience Governance Council (FCRGC) to enhance collaboration within the…
Huawei is expanding its partnership with GCash to bring QR code payment functionality to a wider range of its wearable…
The Bangko Sentral ng Pilipinas (BSP) and the Palawan Group of Companies (PGC) have partnered to promote financial literacy and…
The Bangko Sentral ng Pilipinas (BSP) is exploring the possibility of the removal of one-time passwords (OTP) for digital banking…
The number of digital banks in the Philippines is about to grow even more. News has emerged of two reported…
The Bangko Sentral ng Pilipinas (BSP) is reported to have begun the search and selection process for two deputy governors…
The Bangko Sentral ng Pilipinas (BSP) is reported to have introduced updated rules for Operators of Payment Systems (OPS) to…
The Philippines stands at the brink of a groundbreaking financial transformation, where technology and innovation hold the key to rewriting…
The Bangko Sentral ng Pilipinas (BSP) is exploring a subscription-based fee model for digital payments, the Philippines News Agency reported.…
The Bangko Sentral ng Pilipinas (BSP) announced that it has lifted the moratorium on new digital banking licenses in the…
The fintech industry is reshaping the financial landscape in 2024, driving innovation and fostering financial inclusion in unprecedented ways. With…
GoTyme Bank aims to reach a growth of 9 million customers by 2025, the bank told the Daily Tribune. This…
The Bangko Sentral ng Pilipinas (BSP) is warning the public about a sophisticated scam known as “text hijacking.” Fraudsters are…
The Bangko Sentral ng Pilipinas (BSP) is urging all supervised financial institutions (BSIs) to participate in the annual digital payment…
The Bangko Sentral ng Pilipinas (BSP) has introduced new penalties and sanctions for participants in the Peso Real-Time Gross Settlement…
Samsung has partnered with UnionBank to launch Samsung Finance+ in the Philippines. This new financing program aims to provide customers…
The Bangko Sentral ng Pilipinas (BSP) has announced the expansion of its regulatory platform, ASTERisC*, to include all banks and…