The BSP explained that operating on a limited basis is a “conservative approach” utilized by digital banks to address issues that may arise ahead of their commercial launch.
The financial inclusion survey conducted by the Bangko Sentral ng Pilipinas revealed that financial transaction account ownership among adults soared 56% in 2021 compared to the 29% reported in 2019.
KUALA LUMPUR, May 17 Maybank has introduced its first-ever contactless automated teller machine (ATM) cash withdrawal service in Malaysia. It said the new service is now available at selected ATMs nationwide for Maybank E-Wallet (MAE) app users, making it more convenient for over 12 million.