Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week:
Here we go:
Brief: Ant Financial And Globe Roll Out Cashless Payments In The Philippines
Photo credit: https://www.123rf.com/profile_leungchopan
China’s Ant Financial and the Philippines’ Globe Telecom have rolled out a new cashless payments option that allows consumers in the island nation to buy goods and services by scanning QR codes with their mobile phones. (Read more)
BSP Not Keen On Issuing Own Cryptocurrency
THE BANGKO SENTRAL ng Pilipinas set rules that all platforms converting digital currencies to cash must be accredited by the regulator. — BW FILE PHOTO
CENTRAL BANKS around the world are discussing the possibility of issuing its own cryptocurrencies, but Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla, Jr. says the Philippines is not there yet. (Read more)
Jack Ma Optimistic PH Could Be World’s Best In Fintech
SEIZING OPPORTUNITIES. Alibaba Group founder and executive chairman Jack Ma discusses how to turn problems into advantages in a dialogue with students at De La Salle University on October 25, 2017. Photo by Alecs Ongcal/Rappler
The country’s lack of financial inclusion and slow internet speed could ultimately be the seeds to sow great ideas, according to Alibaba Group founder and executive chairman Jack Ma. (Read more)
CASHLESS PH | Paymaya, Smart Rollout QR Code Payments Nationwide
PayMaya logo as seen in the Voyager Innovations office at the LaunchPad Building in Mandaluyong City. InterAksyon file photo
PayMaya Philippines recently announced that the scan-to-pay technology is now available across the country, after introducing the first Quick Response (QR) code payments via app in the Philippines last May (Read more)
6 Reasons To Go Cashless, Today
Living in a country like the Philippines where cash is still king and concepts like tawad and tingi are second nature, you have to wonder—is cashless transaction truly doable and practical? (Read more)
