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The Bangko Sentral ng Pilipinas (BSP) said it is reviewing the recent service disruption that affected Bank of the Philippine Islands (BPI), as customers experienced problems accessing the bank's digital channels over the past few days.   According to the BSP, it is working closely with BPI to assess the incident, ensure services have been restored, and determine whether additional measures are needed to prevent similar outages in the future. As part of its review, the central bank will examine BPI's compliance with existing rules covering operational resilience, technology risk management, and service reliability. It said appropriate supervisory actions may be imposed if deficiencies are found. The outage started on the evening of June 14, when many BPI customers reported being unable to access the bank's mobile app and online banking platform. Some users also experienced issues using BPI online credentials on third-party applications and completing e-commerce transactions through BPI debit and credit cards. BPI later acknowledged the disruption and worked to restore affected services. BPI has expanded its Partner Store Services with Robinsons Retail Holdings Inc. Read more in our articles including "BSP warns of accountability after BPI outage" and "BPI now lets you withdraw cash for free at Robinsons stores".

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What is bpi app?

The Bangko Sentral ng Pilipinas (BSP) said it is reviewing the recent service disruption that affected Bank of the Philippine Islands (BPI), as customers experienced problems accessing the bank's digital channels over the past few days.   According to the BSP, it is working closely with BPI to assess the incident, ensure services have been restored, and determine whether additional measures are needed to prevent similar outages in the future.

What have you covered about bpi app?

As part of its review, the central bank will examine BPI's compliance with existing rules covering operational resilience, technology risk management, and service reliability. It said appropriate supervisory actions may be imposed if deficiencies are found. The outage started on the evening of June 14, when many BPI customers reported being unable to access the bank's mobile app and online banking platform.

Where can I find articles about bpi app?

Our coverage of bpi app includes: "BSP warns of accountability after BPI outage"; "BPI now lets you withdraw cash for free at Robinsons stores"; "BPI App is now an e-wallet with Pay with QR feature". Each article provides unique insights and information.