The Bangko Sentral ng Pilipinas (BSP) said it is bullish on the sustained rise of digital payment technologies in the country, saying that 50 percent of retail payments are now in digital format.
US undersecretary for economic growth, energy, and the environment Jose Fernandez said the Philippines, along with Vietnam, Panama, Puerto Rico, and Mexico will receive funding from the US government to make the ecosystem of their local semiconductor industry more conducive to US investors.
IBPAP president and CEO Jack Madrid said he expects the industry to sustain its strong momentum with a target of $39 billion in revenue and 1.8 million jobs this year. By 2025, he said the industry anticipates generating 2 million jobs which would mark the milestone in the history of IT-BPM in the country.
Based on the reports from the public, Meta Advertising Company, through WhatsApp and Telegram, is inviting the public to invest in the said platform in a scheme known as “Tasking and Recharging.”
The Bangko Sentral ng Pilipinas (BSP) has onboarded OmniPay to the roster of financial institutions that settle high-value transactions through the BSP-owned and operated PhilPaSSplus.
The Bangko Sentral ng Pilipinas (BSP) has extended for another year or until Dec. 15, 2024 the moratorium on the entry of new electronic money issuer-non-bank financial institutions (EMI-NBFIs).
BNY PAL, whose officials are now at large and can no longer be located, has victimized a number of residents in Pasig City who invested as much as P1.5 million each.
