Personal Remittances Reach $2.9 Billion in January 2020
The Bangko Sentral ng Pilipinas (BSP) reveals that personal remittances from overseas Filipinos (OFs) grew by 7.3% year-on-year in January 2020.
The Bangko Sentral ng Pilipinas (BSP) reveals that personal remittances from overseas Filipinos (OFs) grew by 7.3% year-on-year in January 2020.
The Bangko Sentral ng Pilipinas (BSP) is assuring the public that the country’s banks will continue to provide essential services to the public.
The BSP is requiring all BSP Supervised Financial Institutions (BSFIs) to stay vigilant against cyber threats taking advantage of the outbreak situation.
March 12, 2020 – The Philippines Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas (BSP) both announced measures and response plan in light of the Coronavirus outbreak which the World Health Organization (WHO) recently declared as a pandemic. State of Public Health Emergency In a press release, the SEC said it will…
New VCE licensee Moneybees wants to roll out their OTC cryptocurrency service nationwide so more users can buy crypto with Php via OTC.
ESONet is being prepared to handle multiple settlements in a day, starting with 2 – 3 settlements a day.
All BSP-supervised institutions that offer bills payment, as well as those who perform services resulting to becoming a provider of such services are considered as operator of payment systems (OPS), which means they must register with the BSP as one.
The Bangko Sentral ng Pilipinas (BSP) announces that personal remittances from Overseas Filipinos have reached a record high of US$33 billion in 2019.
The Philippine Statistics Authority said it has granted the Bangko Sentral ng Pilipinas to conduct the 2019 Financial Inclusion Survey (FIS) on January 8, 2020 in partnership with The Nielsen Company Philippines, Inc.
The 2019 Genomre Report cited that the Philippines’ fintech market is projected to reach $10.5 billion by 2022.