BSP plans to remove OTP for other secure methods
The Bangko Sentral ng Pilipinas (BSP) is considering removing the use of OTPs (one-time pins) for digital bank transactions as the organization believes it is becoming “obsolete”. According to BSP Deputy Governor Elmore Capule, the agency is looking for other ways to make digital banking “future proof” to fight fraudulent transactions. In a The Philippine […]
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