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May 03 2021 
[FEATURING] CIS Bayad Center Secures E-Wallet Service License
PAYMENT collection business CIS Bayad Center Inc. recently acquired its license to operate as an electronic money issuer (EMI) from the Bangko Sentral ng Pilipinas (BSP).
The financial technology (fintech) player that operates the “Bayad” app said the EMI license permits the company to provide e-wallet services. It allows the company to convert a consumer’s cash…
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May 03 2021 
BSP gives lenders more time to submit 2020 financial statements
THE BANGKO SENTRAL ng Pilipinas (BSP) has extended the deadline for the 2020 audited financial statements of banks and other financial institutions by two months to June 30 to give them more time to comply amid the prolonged crisis.
The BSP said in a statement on Monday that it moved the deadline by 60 days from…
