THE BANGKO SENTRAL ng Pilipinas (BSP) is seeking to veer away from the use of one-time passwords (OTPs) in favor of more secure and advanced authentication methods.
The Bangko Sentral ng Pilipinas is considering removing one-time passwords (OTP) for digital bank transactions as this security method is becoming "obsolete." BSP Deputy Governor Elmore Capule said ...
THE Bangko Sentral ng Pilipinas (BSP) is encouraging banks to adopt more advanced authentication methods apart from the commonly used one-time passwords (OTPs) to ensure a higher level of protection ...