BusinessSeptember 8, 2026

BSP Suspends New Payment System Operator Applications for One Year

In a significant regulatory move, the Bangko Sentral ng Pilipinas plans to halt new applications for payment system operators for a year, focusing on improving transaction traceability and fraud prevention.

Mateo Dela CruzRead

BusinessMay 7, 2026

New Sumsub Fraud Management Tool Set to Boost Philippines' AFASA Compliance

Sumsub has introduced a fraud management bundle to assist Philippine banks in meeting new compliance standards. This tool aims to combat rising digital scams ahead of the AFASA deadline.

Mateo Dela CruzRead