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BSP to simplify licensing requirements for e-payments firms

THE CENTRAL BANK will soon allow banks and other financial firms looking to offer basic digital financial services to start operations without securing prior approval from the regulator, amid an industry push towards e-payments.

BancNet 28th Anniversary: Furthering e-payments in the country

Having started operations in July 1990, BancNet has been known to deliver safe, efficient, and reliable services to its members, including transactions not only...

BIR to expand lineup of agent banks in 2018

THE Bureau of Internal Revenue (BIR) will expand its list of Authorized Agent Banks as collections via electronic payment schemes rise in importance. BIR Deputy...