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Sep 26 2021 BSP backs measure to regulate financial accounts to boost guard against scammers
THE BANGKO SENTRAL ng Pilipinas (BSP) is supporting a measure that looks to protect the public from fraudsters that target bank accounts and e-wallets.
The central bank said it backs the immediate passage of Senate Bill 2380 or the Bank Account, E-wallet, and Other Financial Accounts Regulation Act.
“Amid the rise in online transactions during the pandemic,…