Tag "Project Nexus"
BSP Aiming to Launch Instant Cross-Border Payment Service by 2026
The Bangko Sentral ng Pilipinas (BSP) has outlined plans to introduce an instant cross-border payment service by 2026, aiming to simplify the process of sending remittances to the Philippines. BSP Governor Eli M. Remolona, Jr. highlighted this initiative during a
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Fintech in the Philippines: 2023 in Review
The fintech space in the Philippines has been growing rapidly in 2023, with several developments that have shaped the industry and the country’s financial inclusion. The fintech sector in the Philippines witnessed significant growth in 2023 which reflects the country’s
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BSP: ASEAN’s 5 Biggest Economies to Link Real-Time Payments Within 3 Years
Bangko Sentral ng Pilipinas (BSP) governor Felipe M. Medalla believes payment connectivity between the five largest economies of the Association of Southeast Asian Nations (ASEAN), namely Indonesia, Malaysia, the Philippines, Singapore, and Thailand, could be implemented within the next two
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