Co-Sponsorship Speech on Committee Report No. 204 Senate Bill No. 2560 Anti-Financial Account Scamming Act (AFASA)
Mr. President, The restrained mobility of individuals due to the COVID-19 pandemic has altered financial consumers’ behavior toward digital transactions and has led to a drastic uptake in the adoption of digital financial services. While digital access to financial services may be transformational, its benefits marred by risks which could dampen financial consumers’ confidence towards…
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