THE Bangko Sentral ng Pilipinas (BSP) on Wednesday officially launched the Open Finance PH pilot to promote financial inclusion and collaboration among financial institutions.
"The Pilot is a voluntary undertaking of financial institutions to co-develop an open, interoperable and scalable ecosystem that empowers consumers to take more control over their financial data and enable them to access a range of financial products and services from different providers," the BSP said in a statement.
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