Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week:
Here we go:
FinTech firms need to build more partnerships to grow
Creating more partnerships and going digital is one of the better business formulas to grow for businesses adapting to the use of technology and offering their services without a physical infrastructure. (Read more)
Cryptocurrencies undergoing ‘growing pains’: tech startup
Cryptocurrencies are volatile due to “growing pains” but offer a lot of potential to make financial transactions cheaper and easier, a technology startup founder said Monday. (Read more)
Philippines SEC Plans to Regulate Cryptocurrencies, ICOs
via shutterstock
The Philippines’ Securities and Exchange Commission said on Monday it is crafting rules to regulate cryptocurrency transactions to protect investors and reduce the risk of fraud. (Read more)
DOF, BSP officials to attend Alibaba Biz School lectures
Finance officials are meeting Alibaba Group founder Jack Ma in Hangzhou, China on Thursday to explore innovations in digital commerce that will help fuel growth of micro, small and medium enterprises (MSMEs) in the Philippines for foster financial inclusion. (Read more)
Pimentel warns: No partnership with digital currency firm
Senate President Aquilino “Koko” Pimentel III. (File photo from the Philippine Daily Inquirer)
Senate President Aquilino “Koko” Pimentel III has vehemently denied that he or the Senate had a partnership with the Digital Currency Co., Ltd. (DCC) for the release of a virtual currency called the Philippine Global Coin (PGC). (Read more)
