The second surprise and this was actually a not-so-surprising cop-out, as it has been building up for the past two years, was the final word from the BSP on the ghost employees issue which taxpayers ...

MANILA, Philippines — After signaling that financial institutions must move beyond one-time passwords (OTPs), the Bangko Sentral ng Pilipinas (BSP) has rolled out calibrated guidelines to ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has ordered banks to supplement one-time pins (OTPs) with more secure authentication methods to curb cybercrimes like scams and ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is finalizing the parameters on fitness and propriety of stockholders, as well as the approval process for the transfer of voting ...

According to the central bank, it has already circulated a draft circular for such measures, and is now reviewing feedback from stakeholders. “The circular would seek to require BSP-supervised ...