{"id":777011148,"date":"2023-11-15T07:02:09","date_gmt":"2023-11-15T10:02:09","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777011148"},"modified":"2026-04-22T15:34:58","modified_gmt":"2026-04-22T18:34:58","slug":"philippines-calls-for-inquiry-into-banking-platforms-with-links-to-gambling-apps","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/philippines-calls-for-inquiry-into-banking-platforms-with-links-to-gambling-apps","title":{"rendered":"Philippines: calls for inquiry into banking platforms with links to gambling apps"},"content":{"rendered":"\n

Lawmakers want to look into the operations of Maya Digital Savings Bank.<\/p>\n\n\n\n\n\n\n\n

The Philippines.- A group of lawmakers led by House majority leader\u00a0Erwin Tulfo<\/strong> has introduced House Resolution 1464 (HR 1464), which seeks to initiate an inquiry into the connections between banking platforms and gambling applications.\u00a0<\/p>\n\n\n\n

The resolution, filed on Monday (November 13), aims to scrutinise the operations of\u00a0Maya Digital Savings Bank<\/strong>, a digital savings bank in the Philippines known for its mobile wallet services. Tulfo raised concerns that Maya was facilitating gambling, allowing subscribers to engage in games like baccarat, poker, bingo, and fruit games via mobile wallet services.<\/p>\n\n\n\n

He wants the investigation to look into whether the inclusion of gambling app links in Maya’s platform is legal. Tulfo questioned whether the Bangko Sentral ng Pilipinas (BSP) was aware of Maya’s inclusion of gambling app links.<\/p>\n\n\n\n

Tulfo stated: “This investigation will shed light on whether these gambling activities are conducted in compliance with our laws and regulations, and whether they truly serve the best interests of our citizens.”<\/p>\n\n\n\n

The BSP has permitted six digital banks to operate in the Philippines: Maya, Uno, Tonik, CIMB, Union Bank, and GoTyme Bank. Only Maya appears to be accused of facilitating gambling.<\/p>\n\n\n\n

See also:<\/strong> Philippine senator urges crackdown on TIN ID issuance to POGOs<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Lawmakers want to look into the operations of Maya Digital Savings Bank.<\/p>\n","protected":false},"author":176,"featured_media":26756,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Philippine lawmakers have initiated an inquiry into Maya Digital Savings Bank, alleging it facilitates gambling transactions through its mobile wallet services. House Resolution 1464 seeks to scrutinize the legality of linking banking platforms with gambling applications and the Bangko Sentral ng Pilipinas's awareness and oversight. This investigation could have significant implications for digital banking and iGaming payment processing in the region.","focusai_entities":"Maya Digital Savings Bank, Erwin Tulfo, Bangko Sentral ng Pilipinas, Uno, Tonik, CIMB, Union Bank, GoTyme Bank","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.8), payments_fraud_aml (1.0), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Regulatory Frameworks Impact","query":"What specific regulatory frameworks govern the integration of digital banking services with iGaming applications in the Philippines, and how might this inquiry lead to their re-evaluation or stricter enforcement?"},{"label":"License Implications","query":"What are the potential implications for Maya Digital Savings Bank's operating license and the broader digital banking sector in the Philippines if non-compliance with financial and gaming regulations is established?"}],"footnotes":""},"categories":[154,158,16333],"tags":[23911],"class_list":["post-777011148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-news","category-slider-home","category-south-east-asia-news","tag-gambling-regulation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777011148"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011148\/revisions"}],"predecessor-version":[{"id":777040959,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011148\/revisions\/777040959"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26756"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777011148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777011148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777011148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}