Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week:
Here we go:
MAS-BSP: Singapore & Philippines Regulators Forge Fintech Ties
Bangko Sentral ng Pilipinas (BSP) and the Monetary Authority of Singapore (MAS) today signed a FinTech Co-operation Agreement to promote innovation in financial services in their respective markets. The BSP-MAS CA was signed at the sidelines of the 2nd Singapore FinTech Festival that is currently being held in Singapore from 13 to 17 November 2017. (Read more)
Fintech Firm Recasts Digital-Currency Proposal
The enterprise software services and financial technology or fintech firm Appsolutely is confident of getting its business model approved by the Bangko Sentral ng Pilipinas (BSP) when it presents a revised framework to engage in digital coin transactions using so-called blockchain technology as early as next month, executives said. (Read more)
GCash Adopting Alipay’s Cashless Payments Model
Mobile wallet service GCash said on Tuesday that it is adopting the cashless payments model of popular Chinese mobile and online payments platform Alipay, months after the Chinese firm and Ayala Corporation announced they were investing in GCash’s parent company. (Read more)
Peppermint Tech Trials a Winner with Filipinos
Real-time testing Peppermint Innovation’s mobile-phone bill payment technology is delivering significant customer insights that will assist the ASX-listed fin-tech company to fully commercialize its unique APP. (Read more)
BIZ LEADERS SPEAK | Yes, MSMEs can Derive Wealth from Digital Space
MANILA – Besides traditional businesses, small and medium entrepreneurs in Asia should also be able to derive wealth from the digital space, panelists at the business forums related to the 31st ASEAN Summit said Tuesday. (Read more)
