bsp

Following a public consultation, the Bangko Sentral ng Pilipinas (BSP) is finalizing rules that will require banks, e-wallet operators, and other financial service providers to strengthen measures against online gambling-related harm.

The newly launched Automated Fare Collection System (AFCS) enables contactless payment options, including Visa and Mastercard debit and credit cards, and QR payments via GCash using NFC-enabled Android smartphones.

This is up from 52.8 percent in 2023, according to the Bangko Sentral ng Pilipinas (BSP) in its "2024 Report on the Status of Digital Payments in the Philippines”.

The Bangko Sentral ng Pilipinas (BSP) said on Thursday, July 3, it will issue a circular meant to protect users of digital platforms from risks associated with online gambling.

The Anti-Financial Account Scamming Act (AFASA), a landmark law that aims to curb financial scams, defines and penalizes social engineering schemes, money muling activities, and related offenses.

Developed in-house, BSP Mobile complements the BSP website by offering personalized experience tailored to mobile devices.

The BSP and the Comelec have also completed on the deposit in escrow of the source codes for the May 2025 national and local elections.

The Bangko Sentral ng Pilipinas (BSP) has launched the Financial Cyber Resilience Governance Council (FCRGC) to boost collaboration across the financial sector to strengthen...

Text hijacking is a modus operandi where fraudsters insert themselves into legitimate text message conversations, making their messages appear safe by blending in with other messages from a trusted source.

Project Agila is a proof-of-concept of the BSP’s Central Bank Digital Currency (CBDC) at the wholesale level.