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Mar 08 2021 BIR launches TIN Verifier app
The Bureau of Internal Revenue (BIR) launched a mobile app that can verify tax identification numbers (TINs), as it cracks down against sellers of fake TIN cards online.
BIR Deputy Commissioner Arnel Guballa said the TIN Verifier app, launched last January, allows users to inquire and validate TIN in real time from concerned BIR offices.
It is…
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Mar 08 2021 Philippines falls in Tholons’ Digital Nations list
THE Philippines dropped out of the top 10 in a list of countries that are considered attractive destinations for technology, digital and innovation, and business process management, after seeing a decline in the workforce population amid the pandemic.
From fifth place in 2020, the Philippines now ranks 18th in the Top 50 Digital Nations, according to…
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Mar 08 2021 Liquidity measures intact for now — BSP
THE Bangko Sentral ng Pilipinas (BSP) will not stop liquidity measures until the economy has recovered, BSP Governor Benjamin E. Diokno said on Monday.
“We don’t have plans of stopping or taking away the liquidity measures that we have released until such time that the economy has recovered,” he said in an interview with ANC on…
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Mar 08 2021 A Glance at the Philippines’ Open Banking Strategy
Open banking is at the core of enabling innovation within the financial sector, while the private sector often rolls out its own initiatives, it is important for regulators to have a cohesive strategy for open banking to truly thrive.
What is the open baking strategy in the Philippines?
The Bangko Sentral ng Pilipinas (BSP), the Philippines’ central…