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Dec 03 2020 
BSP to ‘pull out all stops’ to help Covid-hit local MSMEs
BANGKO Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said they are looking at implementing more measures to aid local micro, small and medium enterprises (MSMEs) in their recovery after being badly hit by the pandemic.
Speaking at the virtual launch of the Citi Microentrepreneurship Awards (CMA) 2020, Diokno said more than ever, it is vital to…
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Dec 03 2020 
BSP sets rules for nonbanks’ crime reporting
THE CENTRAL BANK has laid out guidelines for the reporting of crimes and its resulting losses for nonbank financial institutions (NBFIs).
Circular No. 1104 signed by Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno on Nov. 27 requires pawnshops, money service businesses, and nonstock savings and loan associations to file reports on crime and losses…
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Dec 03 2020 
JazzyPay and GCash to Provide Cashless Payment Option for Essential Businesses
Philippine fintech startup JazzyPay has partnered with e-wallet GCash to provide cashless payment solutions to essential businesses.
The GCash payment facility is now directly integrated into JazzyPay’s PCI DSS Level 1 compliant platform as a payment method for hospitals, clinics, schools, and other businesses across the Philippines.
Prior to the pandemic, the digital payments space in the Philippines had already…
