BSP eyes protocol to reverse fraudulent transactions

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) is drafting an industry-wide protocol that banks and other financial institutions can follow in reversing fraudulent transactions, part of a broader effort to strengthen consumer protection and speed relief for scam victims. BSP Deputy Governor Mamerto Tangonan said the central bank aims to craft a “more […]... Keep on reading: BSP eyes protocol to reverse fraudulent transactions