Tagged: benjamin diokno

August 1, 2022 @ 11:17 pm By Omar Faridi  |  

Finance Secretary (in the Philippines) Benjamin Diokno recently noted that the government will be focused on accelerating the rollout of the Philippine Identification System (PhilSys ID) in order to further expand public access to financial products/services while achieving “e-governance.” Former President Rodrigo Duterte had reportedly… Read More

August 4, 2021 @ 9:41 pm By JD Alois  |  

Investree, the Philippines’ first SEC licensed crowdfunding company, is looking to support the country’s underserved MSME sector. “Digital transformation has to form a core part of recovery and future growth. We believe that every business deserves a chance to grow and we try our best… Read More

July 24, 2021 @ 3:26 pm By Omar Faridi  |  

The Union Bank of the Philippines, which is part of a conglomerate that is led by Aboitiz Equity Ventures, will be launching the fourth all-digital banking platform in the Southeast Asian country. This, according to a Philstar Global report. The UnionBank’s virtual bank application has… Read More

September 20, 2020 @ 9:57 pm By Omar Faridi  |  

Benjamin Diokno, the Governor of the Reserve Bank of the Philippines, recently noted that the underlying technology behind digital tokens may streamline or enhance existing financial services. The nation’s central bank is looking into the feasibility of issuing its own virtual currency. Diokno believes that… Read More

July 8, 2020 @ 8:10 pm By Omar Faridi  |  

The BSP (Bangko Sentral ng Pilipinas), the central bank of the Philippines, is working on a new set of guidelines for digital banks that plan on establishing operations in the country. The BSP confirmed that foreign individuals or business entities will be able to own… Read More