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Middle East Banking: The Only Future Is Digital Only | Global Finance Magazine

Middle East Banking: The Only Future Is Digital Only | Global Finance Magazine
gfmag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gfmag.com Daily Mail and Mail on Sunday newspapers.

Saudi Arabia , Abu Dhabi , Abuz Aby , United Arab Emirates , Sriranga Neelathali Sampathkumar , Infosys Ltd , Gulf Cooperation Council , Middle East , Abu Dhabi Global Market , Digital Banking Framework , North Africa Digital , சவுதி அரேபியா , ஒன்றுபட்டது அரபு அமீரகங்கள் , இண்பொசயிச் லிமிடெட் , வளைகுடா ஒத்துழைப்பு சபை , நடுத்தர கிழக்கு , டிஜிட்டல் வங்கி கட்டமைப்பு ,

Middle East Banking: The Only Future Is Digital Only | Global Finance Magazine

Middle East Banking: The Only Future Is Digital Only | Global Finance Magazine
gfmag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gfmag.com Daily Mail and Mail on Sunday newspapers.

Saudi Arabia , Abu Dhabi , Abuz Aby , United Arab Emirates , Sriranga Neelathali Sampathkumar , Infosys Ltd , Gulf Cooperation Council , Middle East , Abu Dhabi Global Market , Digital Banking Framework , North Africa Digital , சவுதி அரேபியா , ஒன்றுபட்டது அரபு அமீரகங்கள் , இண்பொசயிச் லிமிடெட் , வளைகுடா ஒத்துழைப்பு சபை , நடுத்தர கிழக்கு , டிஜிட்டல் வங்கி கட்டமைப்பு ,

Rising to the digital banking challenge in the Middle East

Rising to the digital banking challenge in the Middle East
khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.

Saudi Arabia , Abu Dhabi , Abuz Aby , United Arab Emirates , International Financial Centre , Gulf Cooperation Council , Abu Dhabi Global Market , Digital Banking Framework , Middle East , North Africa Digital ,

Philippines' UnionBank secures digital banking license

UnionBank first traditional Philippines bank to secure digital banking license
By
On 15 July, the Union Bank of the Philippines (UnionBank) became the first publicly-listed, traditional bank to receive a digital banking license by the Philippines central bank, Bangko Sentral ng Pilipinas (BSP). The digital bank will be incorporated as Union Digital Bank (UnionDigital), a wholly-owned subsidiary of UnionBank.
Much of the rest of fast-growing Southeast Asia (SEA) has rapidly moved onto adopting innovations and progressing their digital footprint, with the Philippines in recent times catching up to its regional peers.
In 2019, SMEs recognized the urgent need to digitalize. A report by BSP in 2019 found that a staggering 71% of Filipino adults are unbanked, making traditional banking services out of reach for most. This is largely due to the geographical nature of the Philippines, which comprises over 7,500 islands. ....

Benjamin Diokno , Bangko Sentral , Edwin Bautista , Union Digital Bank Uniondigital , Digital Bank , Union Bank , Union Digital Bank , Southeast Asia , Digital Payments Transformation Roadmap , Banking Framework , Digital Banking Framework , Bank President , Asset Triple , எட்வின் பாடிஸ்டா , டிஜிட்டல் வங்கி , தொழிற்சங்கம் வங்கி , தென்கிழக்கு ஆசியா , டிஜிட்டல் கொடுப்பனவுகள் மாற்றம் சாலை வரைபடம் , வங்கி கட்டமைப்பு , டிஜிட்டல் வங்கி கட்டமைப்பு , வங்கி ப்ரெஸிடெஂட் , சொத்து மூன்று ,

The dawning potential of digital banking

BusinessWorld
January 17, 2021 | 6:36 pm
By Maria Margarita D. Mallari-Acaban
Owing to the significant role of digital platforms especially during the pandemic, the Bangko Sentral ng Pilipinas (BSP) recently recognized “digital banks” as a separate and distinct bank category with the issuance by the Monetary Board of the Digital Banking Framework on Nov. 26, followed by the issuance of the Guidelines on establishment of digital banks (BSP Circular 1105) on Dec. 2. BSP Governor Benjamin E. Diokno has also acknowledged the role of these banks “as additional partners in further promoting market efficiencies and expanding access of Filipinos to a broad range of financial services” consistent with the BSP’s financial inclusiveness agenda. ....

Bangko Sentral , Benjamine Diokno , Maria Margaritad Mallari Acaban , Financial Services , Monetary Board , Digital Banking Framework , Know Your Customer , Anti Money Laundering , Electronic Payments , Governance Guidelines , New Normal , நிதி சேவைகள் , பண பலகை , டிஜிட்டல் வங்கி கட்டமைப்பு , தெரியும் உங்கள் வாடிக்கையாளர் , எதிர்ப்பு பணம் சலவை , மின்னணு கொடுப்பனவுகள் , ஆளுகை வழிகாட்டுதல்கள் , புதியது சாதாரண ,