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Wise Business helps Filipino MSMEs save on costly international payments, enabling faster growth through cheaper, transparent, and more efficient global transactions.
The BSP order comes amid wider concerns raised by government officials and lawmakers about the impact of online gambling in the Philippines.
Project Agila will allow banks to transfer funds to each other even during off-business hours, including evenings, weekends, and holidays.
The BSP is alerting the public to the threat of text hijacking employed by scammers to send fake SMS.
The Bangko Sentral ng Pilipinas said new players and banks have expressed interest in securing a license to operate as digital banks.
