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Apr 29 2021 
PruLife to focus on protection products as pandemic continues
PRULIFE UK’s focus on selling protection products rather than investment-linked offerings helped the insurer improve its standing in the industry last year and made it “weather-proof”, its president and chief executive officer Antonio G. de Rosas said in an online briefing on Thursday.
“We wanted this company to be weather-proof. Savings and investment products do well…
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Apr 29 2021 
Digital payments continue to surge
THE COUNTRY continues to see growth in digital payments a year into the pandemic crisis, and this could gain more momentum amid government initiatives, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said.
“In March this year, the combined volume and value of PESONet and InstaPay fund transfers reached 39 million and P552.3 billion, respectively,”…
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Apr 29 2021 
BSP allows person-to-merchant payments under QR Ph
THE BANGKO SENTRAL ng Pilipinas (BSP) has expanded QR Ph, the country’s QR code standard, to enable person-to-merchant (P2M) payments to boost the digitalization of small businesses.
The pilot launch of the scheme led by the BSP and the Philippine Payments Management, Inc. (PPMI) will include select merchants that use InstaPay. More businesses are expected to…
