Philippines remittances rise by 1.2 pct in February
MANILA, April 18 (Xinhua) -- Personal remittances from overseas Filipinos reached 2.793 billion U.S. dollars in February, higher by 1.2 percent than the record
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MANILA, April 18 (Xinhua) -- Personal remittances from overseas Filipinos reached 2.793 billion U.S. dollars in February, higher by 1.2 percent than the record
MANILA - Digital transactions in the Philippines are expected to further increase as regulators and other stakeholders continue to strengthen the system and put additional safeguards to thwart financial transaction-related cyberattacks. While the central bank has received more complaints pertaining to online banking transactions compared to those related to the use of automated teller machines (ATMs) and on credit cards, among others, since the pandemic started in 2020, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno does "not consider the lack of public confidence as a major c...