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BSP onboards 1st nonbank electronic money issuer

The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

Trump passes major US election test with win in Iowa

Donald Trump swept to victory Monday in Iowa’s caucuses — the first vote in the US presidential race — cementing his status as the presumptive Republican standard-bearer to challenge President Joe Biden in November’s election. The former president has led polling for more than a year, but the Iowa contest was seen as the clearest.....»»

Category: newsSource:  inquirerRelated NewsJan 16th, 2024

Navymen finish 1-2-3 in criterium race

Philippine Navy-Standard Insurance swept the men’s elite race and the usual suspects kept their grip on their gold medals in the criterium races of the PhilCycling National Championships for Road 2024 last Monday at the Tagaytay City Atrium......»»

Category: sportsSource:  philstarRelated NewsFeb 6th, 2024

Cebu Chess Hub to revive standard games in local scene with cash-rich tourney

CEBU CITY, Philippines — The Cebu Chess Hub will organize a cash-rich woodpushing tournament on February 23-25, at the Gmall of Cebu. The tournament aptly dubbed the “Cebu Chess Hub: Open Chess Tournament” will have a total of P88,000 prize money for the winning woodpushers.  READ: UC Webmasters bag 3 gold medals in Cebu City.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

5 essentials for Cebuano commuters during the summer season

CEBU CITY, Philippines — Summer may be the perfect time to have our vacation, but also the season when we prepare and protect ourselves from the scorching heat of the sun in Cebu. Here are 5 essentials for Cebuano commuters to prepare for the day. 1. Sunscreen Let’s slay the day and prepare ourselves to.....»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

SC defends judiciary from online abuse

“By merely having access to social media, private individuals could publish their thoughts without need of self-policing or adhering to the ethical standard required of the press. As a result, content could be created and shared with abandon, purely for clout for ‘likes’ and even disregard for the truth.” The post SC defends judiciary from online abuse appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 3rd, 2024

Olympic slots wide open for athletics

Three months are left for PATAFA hopefuls to hit the entry standard or rack up qualifying points from competitions in claiming tickets to the Paris Olympics with six athletes and a 4x400m men’s relay team in contention to join pole vaulter EJ Obiena in the delegation......»»

Category: sportsSource:  philstarRelated NewsApr 1st, 2024

Philippines-WADA issue referred to CAS

The Philippines has gained some reprieve on allegations of non-conformities with World Anti-Doping Agency’s international standard for code compliance, with the issue being referred to the Court of Arbitration for Sport......»»

Category: sportsSource:  philstarRelated NewsFeb 15th, 2024

Sustainable tourism

All 193 member states of the United Nations have just adopted a new global standard to measure the sustainability of tourism......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

The standard of our service

As a warm-up question, our Bible study leader Pastor Ferdie asked if we had all seen the movie “Gladiator.” Yes, we replied......»»

Category: newsSource:  philstarRelated NewsMar 12th, 2024

SC defends judiciary from online abuse

“By merely having access to social media, private individuals could publish their thoughts without need of self-policing or adhering to the ethical standard required of the press......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024

Rombaon, Krogg road race queens

Avegail Rombaon and Mathilda Krogg made Team Philippine Navy-Standard Insurance proud by sweeping the women’s road race titles in the PhilCycling National Championships for Road 2024 in Cavite and Batangas yesterday......»»

Category: sportsSource:  philstarRelated NewsFeb 9th, 2024

Golden Tigresses rise from 0-2 pit to slay Lady Tamaraws

The UST Golden Tigresses clawed back from a 0-2 hole and defeated the Far Eastern University Lady Tamaraws, 22-25, 21-25, 25-23, 25-20, 15-7, in the UAAP Season 86 women’s volleyball tournament Sunday night at the Mall of Asia Arena in Pasay City......»»

Category: sportsSource:  philstarRelated NewsMar 3rd, 2024

First Alleged iPhone 16 Molds Show Vertical Camera Layout

A photo allegedly showcasing the mold of Apple’s upcoming iPhone 16 standard model has surfaced online, revealing a new vertical camera arrangement. Apple has reportedly.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 19th, 2024

More offline Valorant events expected in first half of 2024

Riot Games Philippines has showcased a new weapon added to Valorant's standard weapons since the game launched back in 2020......»»

Category: sportsSource:  philstarRelated NewsJan 25th, 2024

Murder case filed vs 5 tagged in slay of Lapu market collector

LAPU-LAPU CITY, Cebu- A murder case was filed against five individuals tagged in the killing of a Lapu-Lapu City market collector. Public Market Executive Assistant for Market Operations, Christopher Ceniza was shot-killed by two individuals riding a motorcycle on January 5, while collecting market fees from the vendors. Two of the suspects, who served as.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2024

Hoffman races to 2nd gold, Knott breaks 100 meter mark

Lauren Hoffman missed the Olympic standard but did enough to rule the women’s 400-meter hurdles of the ICTSI Philippine Athletics Championships at the PhilSports oval in Pasig yesterday......»»

Category: sportsSource:  philstarRelated NewsMay 10th, 2024

Private school educators bat for higher wages on Labor Day

A group of private school educators called on President Marcos Jr. on Labor Day to raise private school teachers' salaries and to institutionalize a national minimum salary standard for them......»»

Category: newsSource:  philstarRelated NewsMay 1st, 2024

Glaiza binigyan ng napakataas na standard ang pagiging BFF

SANA all may BFF tulad ng Kapuso actress na si Glaiza de Castro na abot-langit kung papurihan papurihan ng kanyang kaibigang si Angelica Panganiban. Isang bonggang appreciation post ang ibinahagi ni Angelica para kay Glaiza na nagsilbing Matron of Honor niya sa second wedding nila ni Gregg Homan sa Siargao. Sa pamamagitan ng Instagram, nag-post.....»»

Category: newsSource:  inquirerRelated NewsMay 1st, 2024

Uratex Dream retain Red Bull Half Court crown

Uratex Dream continued to show that it’s the gold standard when it comes to Philippine women’s 3x3 basketball as they successfully defended their throne in the Red Bull Half Court Philippines 2024......»»

Category: sportsSource:  philstarRelated NewsApr 28th, 2024