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Jun 24 2021 SEC reminds lending, financing firms register online platforms
THE Securities and Exchange Commission (SEC) could penalize or even revoke the licenses of financing and lending companies that fail to register and disclose their online lending platforms (OLP), such as mobile applications and websites.
A notice published by the commission on Wednesday said financing and lending firms must comply with SEC Memorandum Circular No. 19,…
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Jun 24 2021 [FEATURING] Neobank Netbank Joins the Mastercard Fintech Express to Become a Card Issuer
Netbank announced that it will join the Mastercard Fintech Express programme which gives it access to a vast range of the latter’s digital-first products and enabling it to issue debit and credit cards under its partners’ brands.
Through the initiative, fintechs are offered access to a suite of digital products to differentiate their offerings, as well as flexible…