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BitPinas

BitPinas

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Digital Bank

News Regulation 

BSP Unlikely to Approve More Digital Banks in Near Future – Incoming BSP Governor

23 Jun 202223 Jun 2022 Shiela Bertillo BSP, Digital Bank, Felipe Medalla 2 min read

It might be two to three years before the BSP starts processing digital banks again.

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Business Fintech 

SEC Approves UnionBank Digital Arm

6 Dec 20216 Dec 2021 BitPinas UnionBank, Digital Bank, Union Digital 1 min read

Aboitiz-led Union Bank of the Philippines (UnionBank) said that it received the approval of the Securities and Exchange Commission (SEC) to put up a digital banking subsidiary.

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News Fintech 

Rise of Digital Banks a ā€˜game-changer’ – Bangko Sentral

11 Oct 202111 Oct 2021 BitPinas BSP, Digital Bank 1 min read

BSP’s goal in digital banking is to help the central bank to reach its goal – to attract 70% of Filipino adults into the banked population, and 50% of the payments be done online by the year 2023.

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News Fintech 

Bangko Sentral to Reopen Digital Bank Applications If Needed

4 Oct 20214 Oct 2021 BitPinas BSP, Digital Bank 2 min read

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno announced the possibility to reopen the window for digital bank license applications if additional neobanks are needed.

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News Fintech 

PLDT Secures Digital Banking License

20 Sep 202120 Sep 2021 Michael Mislos PLDT, Digital Bank, Maya Bank 1 min read

PLDT enters the digital bank race as it secures a license from the BSP.

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News Fintech 

Gokengwei-backed GOtyme Secures Digital Bank License

21 Aug 202120 Aug 2021 BitPinas BSP, Digital Bank, GOtyme 2 min read

BSP announced that it will no longer be receiving applications for new digital banks including banks wanting to convert their status from 1st September 2021.

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News Fintech 

UnionBank to Launch Digital Bank in 2022

14 Aug 202113 Aug 2021 BitPinas UnionBank, Digital Bank 1 min read

UnionBank is the first publicly-listed Philippine bank to be granted a digital banking license by the BSP.

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News Fintech 

UnionBank Receives Digital Banking License, Will Launch UnionDigital Bank

26 Jul 202126 Jul 2021 Sean Millare BSP, UnionBank, Digital Bank 1 min read

Unionbank will create a new subsidiary which will be called Union Digital Bank (UnionDigital) according to a recent filing.

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News Fintech 

PayMaya Eyes Digital Banking License After Securing $167M from Tencent, PLDT, IFC

1 Jul 20211 Jul 2021 Sean Millare PLDT, PayMaya, IFC, Tencent, Digital Bank 1 min read

Voyager Innovations, the parent company of PayMaya secured $167 million investment which will be used to expand to digital banking & other financial services.

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2022-07-08
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Latest News

Filipino NFT Art to be Featured in Toycon PH 2022
News NFT 

Filipino NFT Art to be Featured in Toycon PH 2022

7 Jul 20227 Jul 2022 Shiela Bertillo 2 min read

Filipino-made NFT artworks will also be featured and displayed in a digital exhibit at the Smart Signature booth at TOYCON.

Singapore Considers Limiting Retail Participation in Crypto
News Regulation 

Singapore Considers Limiting Retail Participation in Crypto

7 Jul 20227 Jul 2022 Shiela Bertillo 2 min read
Former BSP Governor Benjamin Diokno is Now the Finance Secretary
News Regulation 

Former BSP Governor Benjamin Diokno is Now the Finance Secretary

7 Jul 20227 Jul 2022 Nath Cajuday 3 min read

BitPinas OPCĀ  provides ā€œUseful Information for Everyone interested in FinTech especially Cryptocurrency & Blockchainā€. We aim to make sure our articles are clear and concise for all audiences.

Before investing in any cryptocurrency, it is essential that you carry out your own due diligence and seek appropriate professional advice about your specific positionĀ before making any financial decisions.

Bitpinas OPCĀ  provides content for informational purposes only and does not constitute investment advice. Your actions are solely your own responsibility.This website is not responsible for any losses you may incur, nor will it claim attribution for your gains.

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