Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week:
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Here we go:
UnionBank embraces tech behind bitcoin in digital pivot
If a bank is serious about going digital, it needs to do more than just use the latest gadgets to make transactions easier, it also needs to embrace the disruptive advances in fintech or financial technology, according to the boss of UnionBank. (Read more)
Bangkok-based firm plans initial coin offering in the Philippines
Bangkok-headquartered Global Crypto Hub plans to launch an initial coin offering (ICO) in the Philippines, as it earmarks $1 million worth of investments in the country. (Read more)
Alibaba steers the Philippines towards a cashless revolution
Alibaba has shaped the digital economy in China. Its finance arm, Ant Financial, leads the digital payment trend. It now sets its sights on the Philippines to usher in a new cashless society. (Read more)
Mynt, MoneyGram ink Philippines remittance deal
Mynt – the financial services subsidiary of Globe Telecom – signed a deal with remittance company MoneyGram to enable payments into the operator’s money app from 200 destinations around the world. (Read more)
Entreprenity, ASEAN mobility mark the new way of working
The shared economy created by shared platforms, such as Facebook, AirBnB and Uber, has radically changed not just the way we live but also the way we work. (Read more)
