House Panel OKs Bill Regulating e-Wallet, Online Banking

House of Representatives

A House panel has approved a bill regulating e-wallet and online banking A House panel has approved in principle a bill that will regulate the use of e-wallets and bank accounts in online transactions in a bid to address the proliferation of cybercrimes. The House Committee on Banks and Financial Intermediaries has endorsed for plenary … Read more

BSP Encourages Filipinos To Send Cash Gifts Through Digital Wallets

BSP

BSP encouraged Filipinos to send cash gifts through digital wallets. BSP — The Bangko Sentral ng Pilipinas encouraged Filipinos to send cash gifts through digital wallets this holiday season. In a statement issued last November 22, the central bank said that digital wallets or e-wallets were the way to go when sending cash gifts this … Read more

COMELEC To Work With E-Wallet Operators vs Online Vote-buying

COMELEC

COMELEC was set to work with e-wallet operators against online vote-buying. COMELEC — The Commission on Elections was set to work with electronic wallet operators in order to help the poll body track vote-buying online for the 2022 elections. COMELEC spokesperson James Jimenez bared on “The Mangahas Interviews” that vote-buying was prevalent online via e-wallets … Read more