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Worried that there have been data privacy breaches by online banks, the National Information Technology Development Agency (NITDA) has promised to launch an investigation into their activities
The Bangko Sentral ng Pilipinas (BSP) has issued a stronger reprimand to all banks operating automated teller machines (ATMs) to make sure that what they are dispensing are legal tender cash and not counterfeit money. BSP Governor Benjamin E. Diokno The BSP on Friday, Jan. 28, released its secon
(File photo) MANILA - The Bangko Sentral ng Pilipinas (BSP) and the Bankers Association of the Philippines (BAP) said stringent measures are in place against the proliferation of fake banknotes, like those dispensed through the automated teller machines (ATMs). This, as the central bank earlier called on the public to be more vigilant on checking paper bills they get even from ATMs. "ATM services are part of core banking functions, and banks are bound by law to exercise the highest degree of diligence in protecting their clients' interest. The BSP will hold the banks accountable shoul...
The Bangko Sentral ng Pilipinas (BSP) and the Bankers Association of the Philippines (BAP) said stringent measures are in place against the proliferation
The Bangko Sentral ng Pilipinas (BSP) is reminding all banks and non-banks to strictly practice fair treatment in setting terms and conditions applied to depositors and clients to ensure consumer protection rights are upheld and respected at all times. In a memo (Memorandum No. M-2021-069) to BS