Tag "Virtual Banking"

In Southeast Asia’s Virtual Banking Race, Incumbents Might Have An Early-Mover Advantage

In Southeast Asia, the imminent entrance of virtual banks is set to shake up the banking industry. But despite the potential disruption these are expected to bring, incumbent banks have a lead in the digital banking race, according to a

Read More

Philippines’ Lawmaker Pushes for Virtual Banking Regulation

Albay Representative Joey Salceda on Monday filed a measure providing a regulatory framework for virtual banking to boost the financial inclusion thrust pursued by the Bangko Sentral ng Pilipinas. Salceda, chairman of the House Committee on Ways and Means, filed

Read More