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.
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.
The Bangko Sentral ng Pilipinas (BSP) has instructed GCash to immediately resolve the reported unauthorized deductions on account balances of affected GCash users and swiftly complete the process of refunds.
The Bangko Sentral ng Pilipinas (BSP) and the Department of Labor and Employment (DOLE) are encouraging leaders of the labor and employer sectors to promote the use of safe and efficient digital wage payments.
