More industry players are expected to start using InstaPay — the second automated clearing house under the National Retail Payments System (NRPS) — and subsequently drive up the volume of electronic money (e-money) transfers, a payments...
Read moreMANILA, Philippines — The Bankers Association of the Philippines (BAP) has partnered with Bloomberg to pursue several initiatives to further the growth of the foreign exchange (forex) market in the Philippines. BAP managing director Benjamin...
Read moreThe Bangko Sentral ng Pilipinas (BSP) and major proponents in the country’s financial industry continue to adopt changes toward a cash-lite society amid digitization’s swift disruption of the global banking landscape. Part of the “Continuity...
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