BancNet has completed the upgrade and migration of its switch to be compliant with the Europay-Mastercard-VISA (EMV) standard. EMV is a global security standard for payment transactions. It ensures interoperability

Standard Chartered Bank Philippines (SCB) announced in May 2016 the transfer of its retail banking business to EastWest Bank effective 25 November 2016 or such later date as may be

Effective August 1, 2016, Philhealth is mandating all formal economy employers to submit their remittance reports through the Electronic Premium Remittance System (EPRS). The EPRS is Philhealth’s online platform where

BancNet, the country’s ATM and electronic payment network, celebrated its 25th anniversary recently. A highlight of its celebration was the recognition given to its founders, top-performing member banks and electronic

Please be informed that on August 30, 2015, BancNet shall deactivate the EDI-SSSNet facility, disallowing further use from existing EDI-SSSNet users. On that date, EDI-SSSNet shall be replaced by BancNet’s

BancNet and Visa recently signed a memorandum of agreement to help the country’s largest interbank network accelerate migration to EMV chip cards, as mandated by Bangko Sentral ng Pilipinas (BSP).

In response to the call from the Bangko Sentral ng Pilipinas (BSP) to enhance market and operational efficiency, the country’s largest ATM networks BancNet and Megalink signed last Friday at

BancNet, the country’s leading electronic banking network and Silversky, leading provider of cyber security solutions to the U.S. financial services industry, recently held the 2014 Securing Our Networks Conference at

Leading ATM network BancNet forecasts cash withdrawals from its ATMs to surge this week through the weekend before Christmas. Most companies will be distributing their 13th month pay and Christmas