Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week:
Here we go:
WeChat Pay launches in Philippines with Asia United Bank
MANILA – Asia United Bank said Wednesday it launched WeChat Pay in the Philippines, which will allow mobile payments from Chinese tourists. (Read more)
Philippine Regulators Eye New Rules for Bitcoin Exchanges and ICOs
Regulators in the Philippines are considering new rules for cryptocurrency exchanges and initial coin offerings (ICOs). (Read more)
Creeping into our consciousness: Cryptocurrency in the Philippines
Cryptocurrency in the Philippines is starting to be impossible not to notice. Very probably, you need only to check the posts of your friends on Facebook to see that they have engaged in transactions using bitcoins. (Read more)
Telcos and Banks battle over Philippines Cashless Payments
Cashless transactions growing, but compatibility and security issues remain. (Read more)
Philippines: Payment ecosystem Salarium aims to raise $50m via ICO
Philippine-based payment solutions company Salarium is aiming to raise up to $50 million through an initial coin offering (ICO) of its “SALPay token”. (Read more)