PhilSA, DoST-ASTI, BSP kick off financial inclusion partnership

by The Manila Times

Sep 01, 2022 12:11 am

THE Philippine Space Agency (PhilSA), the Department of Science and Technology- Advanced Science and Technology Institute (DoST-ASTI) and the Bangko Sentral ng Pilipinas (BSP) have taken the first steps toward financial inclusivity through satellite internet.

On July 28 and 29, 2022, technical teams from PhilSA, DoST-ASTI and BSP initiated the test deployment of the satellite internet service provided by iOne Resource, Inc. in two rural banks in Batangas — The Progressive Bank of Malvar and the Rural Bank of Cuenca.

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