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Jun 12 2019 Banks Seen to Increase Use of Fintech – BSP Survey
To address threats and risks to a technologically-enhanced and digitalized banking sector, local banks are making use of more financial technology (fintech) for “strategic efficiencies” particularly in dealing with institutional risks, the latest Banking Sector Outlook Survey (BSOS) said.
The Bangko Sentral ng Pilipinas (BSP), which launched the BSOS last year and just released the second…