The guidelines include national digital ID system PhilSys as an accepted method for verifying customer identities, subject to proper authentication.
October 3, 2021The issuance of PhilSys ID cards is expected to start within 2021, eventually replacing most other forms of government-issued ID.
April 23, 2021Deputy Governor Chuchi Fonacier spoke to Regulation Asia about planned measures to promote digital payments, help MSMEs, and further strengthen the banking sector.
December 7, 2020BSP governor Benjamin Diokno envisions that payment facilities operated by individual banks and payment firms will operate under a single standard.
November 21, 2020PhilSys will mean wider inclusion in the financial ecosystem for the unbanked, allowing cash aid, credit and other welfare spending to reach them faster.
October 16, 2020The new IDs will make it easier for the unbanked to open accounts and avail of financial financial services, said BSP governor Benjamin Diokno.
October 24, 2019The BSP will require financial institutions to collect customers' unique 'PhilSys' ID numbers, and allow the use of technology to capture and record personal data.
December 3, 2018