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  • E-money transfers expected to surge

    July 09, 2018

    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...

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  • BAP, Bloomberg partner for forex platform

    April 03, 2018

    MANILA, 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...

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  • Banking on digital technology, financial sector expands reach

    February 26, 2018

    The 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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  • Banks eye digital banking ID facility

    November 21, 2017

    MANILA, Philippines — The Bankers Association of the Philippines (BAP) has tied up with a technology and consulting company to further enhance the country’s digital identity technology through the establishment of an industry-wide...

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  • Banking industry spurs discussions on AFIN industry sandbox

    September 08, 2017

    The ASEAN Bankers Association (ABA), The Association of Banks of Singapore (ABS), and the Bankers Association of the Philippines (BAP) recently convened technology experts, financial institutions and regulators to discuss the plan of International...

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