Bangko Sentral Ng Pilipinas news and trends

Lawmaker Urges Philippines Central Bank to Push for Lower Fees
Digital Banking // February 18, 2022

Philippines’ Sen. Grace Poe is turning to the country’s central bank to request that it help appeal to financial institutions to lower digital and eWallet fees as one way to assist the many people in the country that rely on these services but have not...

Philippines Shutting Down Digital Bank Requests
Digital-First Banking // August 19, 2021

Bangko Sentral ng Pilipinas Governor Benjamin Diokno on Thursday (Aug. 19) announced that the country’s central bank would stop accepting digital banking applications on Sept. 1 to allow regulators “to monitor” the industry. Get the Full Story Complete the form to unlock this article and...

Bitcoin Daily: Philippines Central Bank Eyes Issuing Cryptocurrency; Security Firm Ledger Details Data Breach
Bitcoin // July 29, 2020

The Philippines central bank is now considering creating its own central bank digital currency (CDBC), it said during a virtual meeting, having formed a committee to address the issue, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Wirecard Files For Insolvency, Seeks Court Protection
News // June 25, 2020

Wirecard, the embattled Germany payment services company, said Thursday (June 25) it was filing for insolvency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Quick Reads
BIS Plans to Expand World’s Instant Payment Systems

July 01, 2024
The Bank for International Settlements (BIS) wants to expand the world’s largest instant payment system (IPS). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to […]

Lawmaker Urges Philippines Central Bank to Push for Lower Fees

February 18, 2022
Philippines’ Sen. Grace Poe is turning to the country’s central bank to request that it help appeal to financial institutions to lower digital and eWallet fees as one way to...

Philippines Shutting Down Digital Bank Requests

August 19, 2021
Bangko Sentral ng Pilipinas Governor Benjamin Diokno on Thursday (Aug. 19) announced that the country’s central bank would stop accepting digital banking applications on Sept. 1 to allow regulators “to...

Bitcoin Daily: Philippines Central Bank Eyes Issuing Cryptocurrency; Security Firm Ledger Details Data Breach

July 29, 2020
The Philippines central bank is now considering creating its own central bank digital currency (CDBC), it said during a virtual meeting, having formed a committee to address the issue, Bloomberg...