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BSP follows through to go beyond OTPs - MSNMANILA, 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 ...
The BSP will initially circulate less than 100 million pieces of each denomination of the new polymer banknote series to help meet the currency demand of Filipinos during the holiday season.
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 ...
By Luisa Maria Jacinta C. Jocson, Reporter THE STUDY and testing of a central bank digital currency (CBDC) is on track, with implementation eyed by 2029, a Bangko Sentral ng Pilipinas (BSP) o ff icial ...
According to the BSP, its Consumer Expectation Survey conducted in the first quarter of the year found that 61.3% of respondents supported the overall initiative of Philippine banknotes polymerization ...
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 ...
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