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Read MoreThe Credit Card Association of the Philippines (CCAP) has put the pressure on the telecommunication sector, its regulators and lawmakers to apply, execute and enact effective measures to stop credit card fraud through SIM card swap. CCAP said on Thursday, Jan. 6, that it has reached out to major telco players such as Ayala Group’s ...
As it celebrates over four decades of existence, the Credit Card Association of the Philippines (CCAP) provides Filipinos with better access to credit cards. This complements the goal of the Bangko Sentral ng Pilipinas (BSP) to transform the country from a cash-heavy to a cash-lite economy. MANILA, Philippines — Cash is no longer king as ...
MANILA, Philippines — Credit card issuers expect delinquency rate to be more challenging despite a lower default rate in the second quarter, according to the Credit Card Association of the Philippines (CCAP). Alex Ilagan, executive director at CCAP, told The STAR delinquency rate of the credit card industry improved to 6.1 percent in end-June from ...
Working from home keeps you safe from the virus…pero safe ka ba sa mga fraudsters? According to Bangko Sentral ng Pilipinas (BSP), 13% (out of 20,000) ng mga concerns na kanilang natanggap noong 2020 ay related sa fraudulence, unauthorized transactions involving deposits, at iba pang mga online services! Protect yourself! Check out these common types ...
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