All posts tagged "Digital Banks"
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31Asia-PacificBSP Expects New Digital Banks to Launch in H2 2021
The BSP has received four applications for digital bank licences, including two from thrift banks that wish to convert their existing licences.
May 6, 2021 -
93Asia-PacificBSP May Raise Cap on Digital Banking Licences
Under the digital banking framework approved by the BSP in November, the number of digital bank licences is capped at five.
April 26, 2021 -
187Australia & 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 -
534Fintech / 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 -
841Press 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 -
784Press 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 -
387FeatureTaiwan 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 -
409Fintech / 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 -
521Fintech / 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 -
2.6KAsia-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
