MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) on Friday warned the public against the "Sangla ATM" scheme to secure quick and easy loans from some informal lenders or loan sharks.

THE Bangko Sentral (BSP) said banks have increased their security measures to prevent automated teller machine (ATM) skimming, and educating customers is the more effective way not to fall prey to ...

There is no law prohibiting the use of an Automated Teller Machine (ATM) card as collateral in securing a loan, officials of the Banko Sentral ng Pilipinas said on Monday. At the hearing of ...

THE Bangko Sentral ng Pilipinas (BSP) warned holders of automated teller machine (ATM) cards not to pawn their cards, as it may result in problems. "This scheme may lead to financial troubles for ...

Credit card companies also adopted a more prudent stance by increasing provisions for credit losses on credit card loan accounts in anticipation of rise in non-performing credit card loans,” it added.

The Bangko Sentral ng Pilipinas (BSP) has reminded the public not to use their ATM (automated teller machine) cards as collateral for any loans.

The Bangko Sentral ng Pilipinas (BSP) on Sunday warned the public against using their automated teller machine (ATM) cards as collateral in entering loan arrangements. According to an advisory posted ...

Stay Safe: Don’t Share Your CVV. Just like your card number and PIN, the CVV is sensitive information. Never share your CVV on untrusted websites or with unknown parties.

MANILA, Philippines – Banks in the country who have not shifted to the new Europay Mastercard Visa (EMV) technology will be held liable for any fraudulent transactions committed through ATM cards.

The Bangko Sentral ng Pilipinas (BSP) is leaving it to the discretion of individual banks whether to refund the victims of automated teller machine (ATM) fraud. July 10, 2022 News ...

Amid the rise in the number of “identity theft” cases, the Bangko Sentral ng Pilipinas (BSP) on Tuesday asked the public to protect their credit and ATM (automated teller machine) cards. Over the past ...