Anti-Money Laundering Council Warns Digital Vote-Buying in E-Wallets

Anti-Money Laundering Council Reminds Public vs Digital Vote-Buying in E-Wallets The Anti-Money Laundering Council (AMLC) reminds the public against digital vote-buying using the e-wallets during the elections. The AMLC will examine electronic money issuers such as GCash and PayMaya in addition to bank accounts with dubious activity. This is in relation to the possibility of … Read more

BSP Grants EMI Licence To Bacolod-Based SpeedyPay

BSP Speedypay

BSP Grants Electronic Money Issuer License To Bacolod-Based SpeedyPay BSP- The Banko Sentral ng Pilipinas granted the EMI license to the Bacolod-based SpeedyPay. The Philippines has various types of banks, from small to large universal banks. Currently, the country has 36 universal banks, 492 rural banks, and 57 savings banks. All of these banks were … Read more