Fintech firms need to collaborate with banks

Irene R. Sino Cruz 08/09/2019

CEBU CITY, Philippines—Financial technology (Fintech) companies need to collaborate with banks to be able to offer financial services. Miguel Angelo Villa-Real, president of Bank Marketing Association of the Philippines (BMAP), said this during a press briefing on…

GCash offers free fund transfer services through Bangko Sentral’s InstaPay

Irene R. Sino Cruz 03/03/2019

CEBU CITY—Even with a retail payment platform InstaPay offered by Bangko Sentral ng Pilipinas, micro businesses belonging to the informal sector would find it difficult to transact business with suppliers requiring them to send their payment to…

Bangko Sentral grants e-money license to Grab

Inquirer.net 09/27/2018

THE Bangko Sentral ng Pilipinas (BSP) has granted an e-money license to Grab, which will enable the ride-hailing company to provide its consumers a number of additional payment services, aside from rides and express delivery. With the…

Mandaue mayor orders closure of Sentral, Club Hatchi

Norman Mendoza 02/09/2018

MANDAUE CITY, CEBU- Two establishments, Sentral Bar and Lounge and Club Hatchi, were ordered to be closed by Mayor Luigi Quisumbing effective today. The said establishments were previously served with a show cause order from the city…

Bangko Sentral Cebu awards Neda, 7 other institutions

PR 08/22/2017

THE National Economic and Development Authority in Central Visayas (Neda-7) is among this year’s awardees of the Bangko Sentral ng Pilipinas (BSP) for supporting the financial institution in its programs and other initiatives to improve the quality…

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