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  • Central bank to set standard for payments via QR code by June

    February 06, 2019

    THE CENTRAL BANK is looking to set a standard for quick response (QR) code payments by June, with the regulator eyeing two options for the new e-payment platform. Vicente T. de Villa III, officer-in-charge of the BSP’s Financial Technology...

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  • BSP eyes further enhancements to PHL payments system in 2019

    January 29, 2019

    The Bangko Sentral ng Pilipinas (BSP) is eyeing further enhancements to the country’s payments system this year, after the launch of two electronic clearing houses in the previous years. In a speech of Central Bank Governor Nestor A. Espenilla...

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  • Banking reforms continue to bear fruit

    January 29, 2019

    MANILA, Philippines — The absence of the Bangko Sentral ng Pilipinas Governor during the annual reception for the banking community was hardly felt as major reforms over the past two decades continued to fortify the country’s banking and...

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  • Of cynicism and skepticism

    January 24, 2019

    I can’t get enough of the topic of online banking. Shifting to e-commerce or for a not-so- technology savvy like me, remains way off my alley. Undoubtedly, migrating to e-payments is the way to go now compared to the traditional...

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  • Digital payments use to increase this year

    January 03, 2019

    THE USAGE of emerging digital payments solutions is expected to pick up further in 2019, displacing legacy payment options such as cash and credit cards, an analytics software firm predicted. In a statement, Fair Isaac Corp. (FICO) said emerging...

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