Cryptocurrency exchange PDAX gets $12.5 million funding

The Philippine Digital Asset Exchange (PDAX), the country’s leading cryptocurrency exchange licensed by the Bangko Sentral ng Pilipinas (BSP), has

Read more

AUB gets remittance boost from fintechs, digital channels

Asia United Bank (AUB), one of the Philippines’ fastest-growing publicly listed banks, is confident of sustaining the growth of its

Read more

Winners of 18th Citi Microentrepreneurship Awards announced

Filipino innovation and “bayanihan spirit” took center stage at the 18th Citi Microentrepreneurship Awards (CMA), where ten innovative, resilient, and

Read more

BSP and payment industry hold pilot launch of QR Ph P2M

The Bangko Sentral ng Pilipinas (BSP) and the payment services industry led by the Philippine Payments Management, Inc. (PPMI) held

Read more

BSP approves reputational risk management guidelines

The Monetary Board approved the guidelines on reputational risk management which set out the supervisory expectations for Bangko Sentral ng

Read more

BSP maintains ceilings on credit card transactions

The Monetary Board maintained the credit card ceilings on credit card transactions under Circular No. 1098 dated 24 September 2020. 

Read more

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

Read more

SEC releases draft implementing rules of FIST Act

The Securities and Exchange Commission (SEC) has released the draft Implementing Rules and Regulations (IRR) of Republic Act No. 11523,

Read more

BSP allows lower minimum opening amount for investment management activities

The Monetary Board (MB) approved the reduction of the minimum account opening amount for investment management activities from P1 million

Read more

BSP Establishes Guidelines on Virtual Asset Service Providers

The Monetary Board (MB) approved the guidelines on virtual asset service providers (VASP), or entities that facilitate financial services through

Read more

Bangko Sentral ng Pilipinas Holds Virtual Financial Education Stakeholders Expo

The Bangko Sentral ng Pilipinas (BSP) opens the 3rd Financial Education Stakeholders Expo today (November 26, 2020). The Expo, conducted for

Read more