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...
Read moreMANILA, 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...
Read moreThe 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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