New Digital Banking Framework Approved by Regulators in the Philippines

The Monetary Board in the Philippines has reportedly approved the recognition of digital banking platforms as a new bank category that’s separate and distinct from the traditional bank classifications. Regulators in the country have defined digital banks as an institution or entity that provides financial… Read More
Read more in: Asia, Fintech, Politics, Legal & Regulation | Tagged bangko sentral ng pilipinas, benjamin e. diokno, bsp, central bank, digital banking, lito villanueva, Philippines, reserve bank, the philippines