BSP warns public against scams using its name, staff
The Bangko Sentral ng Pilipinas (BSP) warned the public that its offices and employees do not conduct or help with personal financial transactions, following reports of scams using the central…
BSP to issue licenses for four additional digital banks
The Bangko Sentral ng Pilipinas (BSP) has announced that it will begin accepting applications for new digital banks starting Jan. 1, 2025, following the lifting of a moratorium that has…
BSP agrees to the use of digital ID for bank client verification
The Bangko Sentral ng Pilipinas (BSP) has agreed to the use of digital identification and verification of bank clients. BSP also released guidelines on electronic Know-Your-Customer (e-KYC), which recognizes its…
BSP mandates full adoption of QR Ph by July 1
All (Bangko Sentral ng Pilipinas) BSP-supervised financial institutions (BSFIs) that offer QR code-enabled payment services should start using QR Ph on their web and mobile channels starting July 1, 2023.…
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