All posts tagged "digital bank"
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333Asia-PacificBSP Grants Sixth Digital Bank Licence to PayMaya
The seventh and final digital bank is likely to be an existing bank applying to convert into a digital bank, but approval has been delayed.
September 21, 2021 -
377FeatureStanChart, NTUC Enterprise to Form Singapore Digital Bank
A Standard Chartered subsidiary will hold 60 percent of the digital banking venture under a licence obtained from MAS in December.
September 7, 2021 -
175Asia-PacificBSP Grants Digital Bank Licence to Gokongwei-Tyme Joint Venture
The application window for the submission of applications from new digital banks, including converting banks, will close on 31 August 2021.
August 20, 2021 -
211Asia-PacificBSP Grants Fourth Digital Bank Licence to UnionBank
UnionBank is the latest to receive the licence after Landbank's Overseas Filipino Bank, Tonik Bank, and UNOBank.
July 31, 2021 -
238FeatureFSC Korea Grants Toss Bank Final Approval to Operate as Digital Bank
With the final approval, Toss Bank will officially launch as early as September, making it the third internet-only bank in the country.
June 10, 2021 -
342Asia-PacificBSP Issues Two New Digital Bank Licences
The BSP has now granted three digital bank licences to date, two of which are conversions from other types of banking licences.
June 9, 2021 -
264EnforcementFSC Taiwan to Order LINE Bank to Improve Operations
The FSC says LINE Bank’s report explaining its launch day system failure was not satisfactory. The regulator will ask the bank improves its operations.
May 12, 2021 -
278Fintech / Regtech
Taiwan FSC Directs LINE Bank to Conduct Stress Tests
LINE Bank services crashed on Thursday due to "system overload" just as it launched new digital banking services.
April 27, 2021 -
261EnforcementTaiwan FSC Probes Next Bank Over Possible Regulatory Breaches
Next Bank is one of the three internet-only banks that was issued a licence by the FSC in 2019. The bank has yet to launch operations.
April 23, 2021 -
355Asia-PacificOverseas Filipino Bank Obtains Digital Bank Licence
Overseas Filipino Bank, formed as a policy bank to provide services to overseas Filipinos, has been granted a digital banking licence.
April 9, 2021
