Regtech

BSP Gives Nod for New Rules on e-KYC Using Digital IDs

The Bangko Sentral ng Pilipinas (BSP) has approved amendments to its due diligence regulations to include electronic Know-Your-Customer (e-KYC) using digital identity. The new rules set out the requirements for the use of digital identification and verification as part of

Read More

Singaporean Regtech Tookitaki Makes Its Debut in the Philippines

Southeast Asian regtech firm Tookitaki announced its launch in the Philippines through a partnership with local payment gateway company Paymongo. Tookitaki is headquartered in Singapore and provides end-to-end financial crime solutions to several leading financial institutions. Ahead of its local

Read More

BSP Supports Duterte’s Executive Order to Accept National ID for All Transactions

The Bangko Sentral ng Pilipinas (BSP) supports President Rodrigo Duterte’s executive order to institutionalise the acceptance of the Philippine Identification (PhilID) or Philippine Identification System (PhilSys). This will enable the use of PhilID and PhilSys as sufficient proof of identity

Read More

CIMB Philippines Selects Zoloz’s eKYC Solution for Frictionless Onboarding

CIMB Philippines announced that it has collaborated with Zoloz, an eKYC technology provider, to further strengthen its digital banking services. The bank will leverage Zoloz’s eKYC solution for frictionless user onboarding and enhanced payment experience, making financial services more accessible

Read More

Here Are the Key Findings From OneSpan’s Global Financial Regulations Report

OneSpan recently released its second annual Global Financial Regulations Report, that outlines major developments in the regulatory landscape. In conjunction with comprehensive research into how the changing regulatory landscape is impacting the banking community, this year’s report also reveals how

Read More