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Tag: electronic money

PDIC expands payout options for closed bank depositors

The Philippine Deposit Insurance Corp. (PDIC) has expanded the payment options for depositors of closed banks who are eligible for outright payment of their...

BSP updates rules on electronic money

The Monetary Board, the policy-setting body of the Bangko Sentral ng Pilipinas, approved the amendments to the guidelines on electronic money and the operations...

Diokno closes application for e-money firms

The Bangko Sentral ng Pilipinas will stop accepting new applications for licenses from electronic money issuers beginning Dec. 16, Governor Benjamin Diokno said Thursday. Diokno...

ABS-CBN expanding into cosmetics and e-money

ABS-CBN Corp. on Friday announced it is venturing into cosmetics, food and electronic money businesses.  The multimedia company of the Lopez Group said it signed...
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