{"id":50503,"date":"2022-08-02T21:44:43","date_gmt":"2022-08-02T13:44:43","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=50503"},"modified":"2022-08-02T21:44:45","modified_gmt":"2022-08-02T13:44:45","slug":"gotyme-bank-receives-bsp-approval","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2022\/08\/02\/gotyme-bank-receives-bsp-approval\/","title":{"rendered":"GoTyme Bank receives BSP approval"},"content":{"rendered":"\n

GoTyme Bank was awarded its Certificate of Authority to operate as a digital bank by the Bangko Sentral ng Pilipinas (BSP) last July 29, 2022.<\/strong><\/p>\n\n\n\n

This signifies that the BSP has already reviewed GoTyme Bank\u2019s processes and infrastructure and deemed them compliant with all of BSP\u2019s regulations including the Bank Secrecy Act, Anti-Money Laundering Act, Customers Protection Act, Data Protection Act and a robust IT Risk Management Framework.  <\/p>\n\n\n\n

The issuance of a COA is the third and final stage involved in establishing a digital bank in the country. The other two stages are filing an application for the Authority to Establish a Digital Bank with the Monetary Board (MB) and the Issuance of the Authority to Register with the Securities and Exchange Commission.<\/p>\n\n\n\n

GoTyme Bank is set to revolutionize digital banking services in the Philippines with safe and secure transactions as certified by the Bangko Sentral ng Pilipinas (BSP). With a high-tech-high touch approach, GoTyme Bank clients can open an account in under five minutes through digital kiosks and avail of banking products and services such as better bank transfers, shopping rewards, interest savings, trading,<\/p>\n\n\n\n

investing and customer service.<\/p>\n\n\n\n

To get exclusive updates and news on early access, subscribe to GoTyme Bank\u2019s newsletter via www.gotyme.com.ph<\/a>.  Follow the official GoTyme Bank social media pages, GoTymeBank<\/a> on Facebook and https:\/\/www.instagram.com\/gotymebank\/<\/a> on Instagram for more information.<\/p>\n","protected":false},"excerpt":{"rendered":"

This signifies that the BSP has already reviewed GoTyme Bank\u2019s processes and infrastructure and deemed them compliant with all of BSP\u2019s regulations\u00a0including the Bank Secrecy Act, Anti-Money Laundering Act, Customers Protection Act, Data Protection Act and a robust IT Risk Management Framework. \u00a0<\/p>\n","protected":false},"author":6,"featured_media":50504,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[413,1185,4867,2096,7398,548],"class_list":["post-50503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-banking","tag-banking-and-finance","tag-banking-industry","tag-finance-and-banking","tag-gotyme-bank","tag-online-banking"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/50503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=50503"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/50503\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/50504"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=50503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=50503"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=50503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}