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"path": "/trends-spotlights/2026/03/10/310337/bps-otp-authentication-method-pinoys/",
"publishedAt": "2026-03-10T11:18:57.000Z",
"site": "https://interaksyon.philstar.com",
"tags": [
"Trends + Spotlights",
"authentication method",
"bangko sentral ng pilipinas",
"bsp",
"One-Time Pin",
"OTP",
"BSP directive to replace OTP as authentication method welcomed by Pinoys",
"Interaksyon"
],
"textContent": "Filipinos embraced the news that the Bangko Sentral ng Pilipinas (BSP) has directed banks to phase out the use of OTPs (One-Time Pins) for transactions. A draft memorandum reportedly instructs financial institutions to replace text-based OTPs with fingerprint, facial recognition, or other biometric authentication methods. The BSP explained that biometric authentication verifies a customer’s identity […]\n\nThe post BSP directive to replace OTP as authentication method welcomed by Pinoys appeared first on Interaksyon.",
"title": "BSP directive to replace OTP as authentication method welcomed by Pinoys"
}