MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has ordered banks to supplement one-time pins (OTPs) with more secure authentication methods to curb cybercrimes like scams and ...

BSP Governor Eli Remolona Jr. has yet to designate the central bank officials who will head the cyber resilience plan and the AI roadmap, she added.

MANILA, Philippines — After signaling that financial institutions must move beyond one-time passwords (OTPs), the Bangko Sentral ng Pilipinas (BSP) has rolled out calibrated guidelines to ...

According to the central bank, it has already circulated a draft circular for such measures, and is now reviewing feedback from stakeholders. “The circular would seek to require BSP-supervised ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has further tightened its corporate governance rules by expanding the grounds for disqualifying directors and officers of banks and ...

THE Bangko Sentral ng Pilipinas (BSP) is close to finalizing new rules aimed at protecting consumers from risks linked to online gambling. “There’s no specific date yet, but we hope to issue [the ...