· Felipe M Medalla Wiki · Bangko Sentral ng Pilipinas WikiDigital payments transformation - the key to financial inclusion
Read full speech on bis.org ↗ContextSpeech at a GCash digital excellence event; Bangko Sentral ng Pilipinas keeps prices stable and sees digital payments as key to financial inclusion.
Why it mattersMedalla calls for stronger cybercrime laws as digital payments grow.
Problems raised
- Financial inclusion is incomplete.
- Cybersecurity is a top threat for banks.
- Legislation on cybercrime is weak.
Solutions proposed
- Transform digital payments to boost inclusion.
- Improve cybersecurity legislation.
- Recognise excellence in digital finance.