OPINION
NEWS
REGIONS
WORLD
BUSINESS
SPORTS
ENTERTAINMENT
LIFESTYLE
THE SUNDAY TIMES
SPECIAL FEATURES
SPECIAL SECTIONS
TMT NEWSWIRE
FAST TIMES
LEGAL ADVICE
CAMPUS PRESS
VIDEOS
EXPATS & DIPLOMATS
PHOTOS
BUSINESS FORUM
PODCASTS
RESOURCES
WEATHER
MARKET OVERVIEW
CLASSIFIEDS
EXAM RESULTS
TMT DIGITAL EDITION
TMT CSI
TMT 126TH ANNIVERSARY
QUIZZES
GAMES
Business > Top Business
BSP launches Open Finance PH pilot
by NIÑA MYKA PAULINE ARCEO
Jun 22, 2023 12:26 am

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.

Related Articles

Central bank sees wider current account deficits

China 'determined' to open up in 2025

PH M&A activity surges 38.7% to $8.6B in 2024

Producer price index recovers in November

Peso drops back to P58:$1; PSEi gains

Asian shares rise, defying slow Wall Street start to 2025

Supreme Court clarifies collateral forfeiture law