Despite giving rise to unique challenges and upheavals on a global scale, the Covid-19 crisis has widened the path to accelerating financial inclusion. The BSP has identified the following key aspects that it considers as the most important for all to know about its financial inclusion efforts. BSP Governor Benjamin DioknoIncreasing the number of Filipinos with an account by leveraging on compelling use casesAccount ownership is a basic step toward digital financial Inclusion. As a national digital ID platform, PhilSys is envisioned to be a gamechanger for digital financial inclusion. It also aims to increase awareness and trust in digital financial services through consumer empowerment initiatives such as the Digital Literacy Program and the BSP Online Buddy (chatbot).

Source: Manila Times July 02, 2021 15:45 UTC