Bangko Sentral ng Pilipinas has set June 30, 2026 as the deadline for banks to strengthen authentication systems and reduce reliance on SMS one-time passwords (OTPs). In addition to stronger authentication, banks must also deploy fraud management systems capable of detecting suspicious transactions in real time. Read more in our articles including "BSP sets June 30 deadline for banks to move beyond SMS OTPs" and "Samsung announces Galaxy Card".
Bangko Sentral ng Pilipinas has set June 30, 2026 as the deadline for banks to…
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Samsung Electronics has announced the Samsung Galaxy Card. The Samsung Galaxy Card is the company’s…
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Asia United Bank (AUB) will waive InstaPay and PESONet transfer fees for local fund transfers…
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The Land Bank of the Philippines (LandBank) will stop charging fees for InstaPay and PESONet…
Jul 6, 2026Bangko Sentral ng Pilipinas has set June 30, 2026 as the deadline for banks to strengthen authentication systems and reduce reliance on SMS one-time passwords (OTPs). In addition to stronger authentication, banks must also deploy fraud management systems capable of detecting suspicious transactions in real time.
Our coverage of fraud management system banks includes: "BSP sets June 30 deadline for banks to move beyond SMS OTPs"; "Samsung announces Galaxy Card"; "AUB to offer FREE InstaPay, PESONet bank transfers starting July 20". Each article provides unique insights and information.