Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Fintech alliance supports BSP's efforts to regulate online gaming
The Freeman
|July 12, 2025
FinTech Alliance Philippines, representing the country's largest coalition of digital finance players, has thrown its full support behind the Bangko Sentral ng Pilipinas (BSP)'s enhanced regulatory framework aimed at reinforcing the responsible use of digital financial services, particularly in connection with licensed online gaming platforms.
-
The move comes amid mounting public scrutiny over the societal impact of online gaming, including concerns related to financial distress, addiction, and unverified access by minors.
The Alliance, whose members include major fintech firms such as GCash, Maya, CIMB, RCBC, Tonik, and GoTyme, reaffirmed its commitment to consumer protection and ethical innovation in the digital finance ecosystem.
"The Alliance recognizes the growing concern from the public and other sectors over the impact of gaming," said Lito Villanueva, Founding Chairman of FinTech Alliance PH.
"We are united in our commitment to be part of the solution by working closely with regulators, elevating safeguards, and protecting the welfare of Filipino consumers," Villanueva stressed.
Esta historia es de la edición July 12, 2025 de The Freeman.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The Freeman
The Freeman
Capitol assures year-end bonuses to employees
Under the proposed allocation, regular and casual employees will receive a combined total of P55,000, consisting of P30,000 from the Collective Negotiation Agreement (CNA), P20,000 under the Service Recognition Incentive (SRI), and P5,000 as Performance-Based Incentive (PBI).
1 min
December 20, 2025
The Freeman
Mandaue City hall employees to receive incentive
Mandaue City Hall employees here are set to receive a P5,000 Productivity Enhancement Incentive (PEI) by January 2026, a city council official confirmed.
2 mins
December 20, 2025
The Freeman
Auto sales down 9% in November
The country's vehicle sales declined by nine percent in November from a year ago due to weak demand, but the industry remains optimistic about the final month of the year amid the holiday season.
1 mins
December 20, 2025
The Freeman
Border casinos caught in Thai-Cambodia fight
Thailand has struck multiple casinos linked to cyberscamming in neighboring Cambodia during an almost two-week-long border conflict, with the prime minister saying he would “take care” of fronts for fraud operations.
1 mins
December 20, 2025
The Freeman
Schools urged: Lead battle against garbage
Cebu City's classrooms are being pushed to the frontlines of a renewed campaign against the city's mounting garbage problem, as Mayor Nestor Archival urged schools to lead by example in strictly enforcing waste segregation.
2 mins
December 20, 2025
The Freeman
Christmas goes beyond shopping
TAGLE REMINDS CATHOLICS:
1 mins
December 20, 2025
The Freeman
Bgy workers to get one-time assistance
Cebu City's barangay-based workers who have long been at the forefront of service delivery and disaster response have gained formal recognition from the City Council with the approval of an ordinance extending one-time assistance to them for 2025.
1 min
December 20, 2025
The Freeman
Fragile truth, hot news cycle
The year 2025 will be remembered for the flood-control corruption scandal and the high-stakes power play that split an otherwise united political team into two.
3 mins
December 20, 2025
The Freeman
EU okays 90B euro loan for Ukraine
EU leaders struck a deal Friday to provide Ukraine a loan of 90 billion euros to plug its looming budget shortfalls -- but failed to agree on using frozen Russian assets to come up with the funds.
2 mins
December 20, 2025
The Freeman
An AI-Controlled Vertical Farm
The Chinese Academy of Agricultural Sciences' Institute of Urban Agriculture made waves in unveiling what's being called the first autonomous AI-controlled vertical farm in Chengdu, Sichuan Province.
1 min
December 20, 2025
Listen
Translate
Change font size