Banking & Insurance
Job scam uses deputy BSP governor’s photo
The Bangko Sentral ng Pilipinas (BSP) has issued a public advisory after receiving reports of a scam involving the unauthorized use of Deputy Governor Chuchi G. Fonacier’s photo in bogus online job offers.
BSP to suspend coin deposit machines program for review
The Bangko Sentral ng Pilipinas (BSP) said it will temporarily suspend the operation of Coin Deposit Machines (CoDMs) in select malls starting June 17 to conduct a comprehensive review aimed at enhancing the coin recirculation program.
BSP bars four firms for unauthorized money service operations
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has disqualified four entities from registering or obtaining a license to operate under its supervision after they were found operating as Money Service Businesses (MSBs) without prior BSP registration.
Rice prices ease in early May, supports slowing inflation trend
Rice prices continued to ease in early May, indicating a potential further slowdown in inflation after headline inflation decelerated in April to its slowest pace since November 2019.
Manulife wins Digital CX Award
Manulife Philippines, the local arm of Canadian financial services giant Manufacturers Life Insurance Co., has been named Outstanding Digital CX – Life Insurance winner at the Digital CX Awards 2024 in Singapore, a prestigious recognition organized by The Digital Banker.
