The BSP defended the new design for the P1,000 polymer banknote. BSP — Following the release of the new design for the P1,000 polymer banknote, the Bangko Sentral ng Pilipinas recently clarified that the P1,000 banknote featuring the Philippine heroes will continue to be in circulation. On Monday evening, BSP Governor Benjamin Diokno defended the … Read more
Manila Mayor Isko Moreno appealed to BSP to reconsider the new design for P1,000 banknote. ISKO MORENO — On Monday, the presidential aspirant and incumbent Manila mayor appealed to the Bangko Sentral ng Pilipinas (BSP) to reconsider the new design for the P1,000 banknote. Moreno said in an ambush interview with reporters that he has … Read more
BSP on the new design for P1,000 banknote: “Necessary corrections have already been made.” BSP — On Sunday, the Bangko Sentral ng Pilipinas said that the “necessary corrections” have been made on the new design for the P1,000 banknote. The central bank said that it had corrected the spelling and formatting of the scientific name … Read more
Zarate encouraged BSP to correct the “errors” in the new design for the P1,000 banknote. BSP — Bayan Muna Representative and House Deputy Minority leader Carlos Isagani Zarate encouraged the Bangko Sentral ng Pilipinas to correct the “errors” in the new design for the P1,000 banknote. On Saturday, Carlos Zarate called out the central bank … Read more
BSP officially unveiled the new design for the P1,000 banknote. BSP — On Saturday, the Bangko Sentral ng Pilipinas officially unveiled the new design for the P1,000 banknote. BSP Governor Benjamin Diokno told reporters in a Viber group message that the new P1,000 banknote was designed by the central bank and approved by NHI (National … Read more
Tonik has secured more than P5 billion worth of consumer deposits. TONIK — The digital bank has secured more than P5 billion (around USD 100 million) in consumer deposits only about 8 months after its launch in the Philippines. Tonik Digital Bank was launched by Singapore-based Tonik Financial Pte. Ltd. last March and became the … Read more
New polymer P1,000 banknotes will start circulation in mid-2022, according to BSP. BSP — On Thursday, the Bangko Sentral ng Pilipinas said that the new polymer P1,000 banknotes will start circulation in mid-2022. BSP Governor Benjamin Diokno said that the new polymer P1,000 banknotes will start circulation in mid-2022 after the central bank signed a … Read more
LYKA promoted cashless and paperless gift-giving LYKA — The social media app sought to push the promotion of a cashless and paperless form of gift-giving to Filipinos. According to LYKA Global CEO Ryan Baird, the social media app was currently promoting its Giftcard in Electronic Mode (GEMs) and also pointed out that GEMs will be … Read more
The BSP was eyeing offline digital payment solutions. BSP — The Bangko Sentral ng Pilipinas said on Tuesday that it was eyeing offline digital payment solutions in order to allow transactions without the need for an internet connection. The central bank said in a statement that offline digital payments solutions will boost financial inclusion in … Read more
The BSP was backing the mandatory SIM card registration amidst the recent influx of spam messages. BSP — The Bangko Sentral ng Pilipinas was backing the mandatory SIM (subscriber identification module) card registration amidst the recent influx of spam messages. BSP Governor Benjamin Diokno said at his weekly virtual press chat that the increase in … Read more