Data shows why the Bangko Sentral ng Pilipinas (BSP) is pushing for full operation of the National QR Code Standard by the second half of 2021.
Google finally gets rid of their almost 3-year restriction policy on crypto exchange & wallet related advertisements.
According to their new advertising policies, the changes will take effect on August 2021.
BPI, one of the largest banks in the Philippines, is no longer allowing crypto transactions.
According to online magazine When In Manila, “It used to work fine but upon using our BPI card on Binance today, it kept getting declined. We called BPI and were told that they just got a memo today.”
The Bangko Sentral ng Pilipinas (BSP) confirmed that digital transactions in the Philippines are progressively increasing despite stricter community restrictions because of COVID-19.
GCash, a popular mobile wallet app in the Philippines with more than 40 million users, is eyeing a possible listing on the Philippine Stock Exchange through Initial Public Offering (IPO) to raise more funds for expansion.
“When it comes to IPO, just like any other company, there’s a perfect timing for [GCash]. So we’ll see, I’m sure… maybe soon,” Vince Yamat, the managing director of Globe Telecom’s business incubator 917Ventures said in an interview.
Guidelines for the new monetary system called “Open Finance Framework” have been approved by the Bangko Sentral ng Pilipinas (BSP).
BSP Governor Benjamin Diokno explained that the new framework will help monetary entities like the central bank in achieving its goal of letting more Filipino adults in the formal financial system.
The coronavirus disease 2019 (Covid-19) pandemic has accelerated the demand for spaces in the industrial and logistics sector with the need for more warehouses for vaccines, and the growing e-commerce sector
The Bangko Sentral ng Pilipinas (BSP) is seeing more investment inflows from foreign banks for digital banking in the country.
Lazada and the consumer finance arm of Security Bank, SB Finance, have partnered up to help online sellers grow their businesses.
As e-commerce takes on greater importance for both consumers and sellers, Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, partners with the Department of Trade and Industry (DTI) to offer in-depth discussions about online selling to support the growth of online businesses through Shopee Thursdays.
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