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Industry players unite behind stronger safeguards and collaborative compliance to protect consumers

Manila, Philippines – The FinTech Alliance Philippines has expressed its full support for the Bangko Sentral ng Pilipinas (BSP)’s strengthened regulatory framework on the responsible use of digital financial services in relation to licensed online gaming platforms.

As the country’s largest organization of digital finance…

THE FinTech Alliance Philippines has expressed full support for the Bangko Sentral ng Pilipinas’ (BSP) strengthened regulatory framework promoting the responsible use of digital financial services in licensed online gaming.

The country’s largest group of BSP-regulated financial technology firms and electronic money issuers, the Alliance reaffirmed its commitment to consumer protection amid growing public concern over…

MANILA – The FinTech Alliance Philippines said it supports the Bangko Sentral ng Pilipinas’ move to strengthen controls over payment channels linked to online gambling.

“We remain aligned with the BSP in ensuring that access to payment channels for online licensed gaming is strictly controlled,” said the group’s founding chairman Lito Villanueva.

Villanueva also said that FinTech…

Insider Spotlight

FinTech Alliance PH supports BSP’s stricter controls on licensed gaming
Members to enforce enhanced due diligence and compliance actions
Group pledges stronger consumer education and ethical engagement

FinTech Alliance PH has expressed full support for the Bangko Sentral ng Pilipinas’ new framework regulating digital financial services linked to licensed online gaming.Driving the news:

The industry…

THE Fintech Alliance PH has thrown its full support behind the Bangko Sentral ng Pilipinas’ (BSP) tightened regulatory framework on digital payments for licensed online gaming, as industry players move to address rising public concern over financial distress, addiction and access by minors.

In a statement, the country’s largest group of BSP-supervised fintech firms said it…

MANILA – FinTech Alliance Philippines expressed support to the Bangko Sentral ng Pilipinas’ (BSP) strengthened regulatory framework on the responsible use of digital financial services concerning licensed online gaming platforms.

“The Alliance recognizes the growing concern from the public and other sectors over the impact of gaming. We are united in our commitment to be part…

MANILA, Philippines — The Fintech Alliance Philippines has expressed full support for the Bangko Sentral ng Pilipinas (BSP)’s enhanced regulatory framework on the responsible use of digital financial services for licensed online gaming.

The group – composed of BSP-supervised financial technology companies and electronic money issuers – pledged stricter compliance, consumer education and…

MEMBERS of FinTech Alliance Philippines will implement stricter safeguards and control mechanisms for the use of digital payment platforms for online gaming activities to prevent abuse and addition that could lead to financial ruin.

“The Alliance recognizes the growing concern from the public and other sectors over the impact of gaming. We are united in our…

THE Bangko Sentral ng Pilipinas (BSP) is seeking to tighten regulations on online gambling payments to prevent the misuse of financial services and implement closer monitoring over the sector.

The central bank posted a draft circular on its website which aims to establish regulations on online gambling payment services.

The proposed rules aim to “promote responsible use…