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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

Filing of complaints now easier with CARe System – DTI

The DTI introduced the DTI Consumer Complaints Assistance and Resolution System (CARe System) to the general public on 13 October 2023 held at the New World Hotel Manila......»»

Category: newsSource:  samarnewsRelated NewsMar 22nd, 2024

Missile system sa Northern Luzon pinalagan ng Makabayan

Nais ng tatlong kongresistang miyembro ng Makabayan bloc na mapaimbestigahan sa Kamara de Representantes ang tinanim na missile system umano ng Estados Unidos sa Northern Luzon. The post Missile system sa Northern Luzon pinalagan ng Makabayan first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 26th, 2024

TAUSUG IN DOHA: Keeping In Touch: The Then and Now

DOHA, Qatar (MindaNews / 21 January) — Have you ever thought about how communication has evolved over the years? It’s fascinating to compare how we communicate now and how we did in the past. Back then, communication between people, especially those who were geographically distant, was difficult because there were no mobile phones, internet, or social […].....»»

Category: newsSource:  mindanewsRelated NewsJan 23rd, 2024

How can you freely express your gratitude to God through your emotions today?

How can you freely express your gratitude to God through your emotions today? How might you make others feel comfortable about sharing their tears?.....»»

Category: newsSource:  philstarRelated NewsJan 30th, 2024

Bouncing Back After a Spending Spree: 3 Simple Steps to Financial Recovery

We’ve all been there — a bit too carried away with the shopping spree, and suddenly, the bank account is giving you the side-eye. No judgment here. But guess what? We’ve got a quick fix for you with three straightforward moves to get your finances back in the groove. Step 1: Hang Out with Your […].....»»

Category: newsSource:  metrocebuRelated NewsMar 6th, 2024

We broke it, we fix it : DENR urges Filipinos to join Earth Hour 2024

The Department of Environment and Natural Resources (DENR) enjoined Filipinos to do their part in reversing damages brought by humans upon Mother Nature in the last 300,000 years......»»

Category: newsSource:  philstarRelated NewsMar 23rd, 2024

‘Cafe by day, bar by night’: 7 Metro Manila coffee shops that serve cocktails in the evening

Get your caffeine and booze fix in these Metro Manila coffee shops that transform into bars in the after hours!.....»»

Category: newsSource:  rapplerRelated NewsJan 27th, 2024

Boeings safety culture falls short despite companys efforts to fix it, experts say

A recent report by a panel of outside experts has highlighted concerns about safety culture at aircraft manufacturer Boeing. The panel found a “disconnect” between.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 27th, 2024

Senator presses NAIA, Iloilo airport to resolve aircon issues

A senator urged the managements of the Ninoy Aquino International Airport and the Iloilo International Airport to fix their air conditioning systems as extreme heat continues to scorch parts of the country. .....»»

Category: newsSource:  philstarRelated NewsApr 29th, 2024

EDITORIAL - Quick fix

Whether two-wheeled, three- or four-wheeled, why do people buy their own vehicles in the National Capital Region?.....»»

Category: newsSource:  philstarRelated NewsApr 24th, 2024

3 stand-alone books that may help fix your ‘reading slump’

CEBU CITY, Philippines – You may not be the only one with stacks of unwrapped books just lurking in the corner, waiting for you to lay your eyes on them. You may have enjoyed reading during your childhood or teen years, but somehow lost that spark as life progressed, finding yourself stuck in a slump.....»»

Category: newsSource:  inquirerRelated NewsApr 23rd, 2024

Maguindanaons join regional SIAP political party

More than a thousand Moro and non-Moro residents in Maguindanao del Sur and Maguindanao del Norte on Thursday joined a regional partly trying to fix the economic woes in the Bangsamoro region by improving commerce and trade in its six provinces and three cities......»»

Category: newsSource:  philstarRelated NewsApr 19th, 2024

Human rights and trade

Trade negotiations may be likened to back and forth negotiations between a long married couple trying to fix their issues after getting stuck in a stalemate of sorts......»»

Category: newsSource:  philstarRelated NewsApr 7th, 2024

Recipe: Peri-Peri Chicken

Spice up your chicken fix with this recipe of Peri-Peri Chicken......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Philippines reaffirms adherence to One-China Policy after Taiwan elections

The Philippines will continue to adhere to the One-China Policy, the Department of Foreign Affairs said, following the victory of a pro-independence presidential candidate in Taiwan’s elections. .....»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

Wisdom for Mental Health

Lighthouses Mental health challenges can make you feel like your mind is caught out in the open ocean. Some days are peaceful, while others are chaotic. Any day could bring moments of peace, terrifying storms, or aimless drifting. How can we navigate our unpredictable mental health? And how can we move forward when we don’t […].....»»

Category: newsSource:  metrocebuRelated NewsJan 13th, 2024

GPS 2024: 15 new Roads of National Significance

The Coalition Government's priority for investment in the draft Government Policy Statement (GPS) on Land Transport is to support economic growth and productivity and ensure our land transport system allows people and freight to move quickly and safely, Transport Minister Simeon Brown says. "Delivering on commitments in our Coalition Agreements, we are re-introducing the successful Roads.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

5 common mole superstitions that will make your life prosperous

CEBU CITY, Philippines — We all have moles in the different parts of our bodies from the top of our heads to the soles of our feet, and most of the time we get more self-confidence with these moles for making us feel beautiful and unique. Some moles are small, there are also huge moles.....»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

Marrying a love for the Philippines with chocolate

This green-eyed, handsome man is a chocolatier. Christian Valdes magically conjures up chocolate creations, that casts a spell on our palates to want more. What’s interesting is that you can taste a bit of our history and our culture as well......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024