BSP draft memo seeks National ID integration across banks, financial firms

The Bangko Sentral ng Pilipinas (BSP), in coordination with the Philippine Statistics Authority (PSA) and the Department of Information and Communications Technology (DICT), is proposing to require banks and other supervised financial institutions to integrate with the government’s National ID authentication infrastructure. Under a draft memorandum released by the BSP for public consultation, BSP-supervised institutions … Continue reading BSP draft memo seeks National ID integration across banks, financial firms