BSP creates Payments and Currency Management Sector, names new deputy governor

The Bangko Sentral ng Pilipinas (BSP) has recently established the Payments and Currency Management Sector (PCMS) which is tasked to

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Compulsory use of payment reference numbers for short-term SSS loan payments starts April 1

Computer-generated payment reference numbers (PRNs) will be required for short-term loan payments starting April 1, 2021, state fund Social Security

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SSS releases P25.2B for December and 13th month pensions; early crediting starts on Dec. 1

The Social Security System (SSS) through Development Bank of the Philippines (DBP) has already released its December pension and 13th

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BDO Remit waives remittance fee for donations to typhoon victims

To help its fellow kababayans hit by typhoons “Quinta,” “Rolly,” and just recently “Ulysses,” BDO Remit—the remittance service brand of

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SEC approves financial reporting framework for banks, other financial institutions

The Securities and Exchange Commission (SEC) has approved an industry-specific framework for the preparation of the audited financial statements (AFS)

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5 Signs It Might Be Time to Update Your Accounts Receivable Monitoring System

The effectiveness of your accounts receivable monitoring system (ARMS) is not something you should take lightly. How well you monitor incoming payments

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Banked population is on the rise, latest BSP survey shows

The share of Filipino adults who own an account climbed to 29% in 2019 from 23% in 2017, according to

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SSS starts checkless payment of funeral benefit claims

The Social Security System (SSS) will no longer release checks for funeral benefit claims after the pension fund implemented the

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