All posts tagged "Digital Banks"
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110Australia & NZNAB Announces Plans to Acquire Australian Neobank 86 400
NAB commenced discussions about a total acquisition of 86 400 in late 2020, having already owned an 18.3 percent stake in the neobank.
February 2, 2021 -
411Fintech / RegtechBNM Opens Six Month Application Period for Digital Bank Licences
Applicant must demonstrate a commitment to driving financial inclusion. Preference will be accorded to applications where the controlling interest resides with Malaysian nationals.
January 4, 2021 -
712Press ReleaseRegulation Asia: Top Ten Contributed Articles for 2020
This list presents the most-read contributed articles published by Regulation Asia in 2020, based on aggregated user traffic analytics.
December 22, 2020 -
665Press Release
Regulation Asia: Top Ten News Stories for 2020
This list presents the most-read new stories published by Regulation Asia in 2020, based on aggregated user traffic analytics.
December 22, 2020 -
362FeatureTaiwan FSC Cautions New Digital Banks Against Price Wars
Taiwan's new digital-only banks should offer innovative products and services instead of resorting to pricing competitions to attract clients, says FSC Chairman Thomas Huang.
December 17, 2020 -
297Fintech / RegtechSingapore to Review E-wallet Payment Limits in 2021
Currently, e-wallet users in Singapore can hold up to S$5,000 in their accounts at any one time, and transactions are capped at S$30,000 per year.
December 17, 2020 -
480Fintech / RegtechMAS Awards Licences to Four Digital Bank Applicants
The licences were awarded to the Grab-Singtel consortium, a Sea Limited subsidiary, an Ant Group entity, and a consortium formed by a Chinese property giant.
December 6, 2020 -
2.3KAsia-PacificPhilippine Central Bank Introduces Digital Banking Framework
Foreign individuals and non-bank corporations are allowed to hold up to 40% of a digital bank's voting shares, while foreign banks are allowed to hold up to 100%.
November 27, 2020 -
1.4KFeatureMAS On Track to Award Digital Bank Licences by Year-End
Regulatory changes impacting some of the Chinese digital bank applicants are unlikely to have an impact on the granting of the new licences in Singapore.
November 27, 2020 -
606Fintech / RegtechFSC Korea Threatens to Withdraw Incentives for Internet-only Banks
The FSC has criticised Kakao Bank for disregarding customers with average credit scores, and instead favouring borrowers with high credit scores.
November 20, 2020
