Tech

Bangko Sentral ng Pilipinas supports Fintech

FINOVATION, a Fintech Innovation event by eComparemo.com

 

Leading online financial marketplace eComparemo.com presents Finovation 2019 : Real Problems, Real Solutions. The annual forum gathers key industry stakeholders, policymakers, regulators, and cooperatives to discuss financial trends, industry challenges, and possible solutions to improve credit access among financially underserved Filipinos. Bangko Sentral ng Pilipinas supports Fintech as keynote speaker BSP Governor Benjamin Diokno, of how Fintech Companies extend support to the unserved Filipinos.

Guided by the goal of providing valuable financial services to more stakeholders Finovation facilitates roundtable discussions covering topics from consumer behavior, industry-wide challenges, to regulatory initiatives. Keynote speaker BSP Governor Dr. Benjamin Diokno, graces the program, encouraging industry leaders to maximize technology and innovation to reach more financially underserved Filipinos. Gathering an esteemed panel of experts, Finovation 2019’s sessions delineate existing issues and action steps to empower financial institutions and strengthen financial inclusion in the country.

BSP supports FINTECH
Bangko Sentral Governor Dr. Benjamin Diokno gives the keynote address and formally opens the event

 

The first roundtable discussion interrogates Filipino attitudes toward financial literacy and credit, identifying prime solutions to combat the lack of financial education, lack of inclusion in formal services, and predatorial lending schemes. Moderated by Vince Rapisura, President and Founder of Social Enterprise Development Partnerships, Inc. (SEDPI), the panel includes Pia Roman-Tayag, Managing Director, Center for Learning and Inclusion Advocacy (CLIA); Mags Vasquez-Surtida, FVP, Cards Business Group Head, Asia United Bank; Harvey Libarnes, VP-Financial Service Head, Smart Communications Inc.; Hamilton Angluben, General Manager, Cashalo; and Stephanie Chung, Co-Founder and CEO, eCompareMo.com.

FINOVATION panel of distinguished guests

 

The second panel surveys industry-wide challenges, identifying areas of improvement in credit infrastructure, data and verification, and digital financial ecosystems. The discussion aims to generate solutions that will strengthen collaboration between financial service providers and create an accessible and trustworthy financial ecosystem for more Filipinos. Moderated by Atty. Aileen Amor-Bautista from the Credit Information Corporation, the panel is comprised of J.P Ellis, Co-Founder and Group CEO of C88 Financial Technologies Inc; Marlo Cruz, President and CEO, CIBI Information Inc.; Marty Gonzalez, Head of Integrated Solutions Group, TransUnion; and Simone Colombara, Managing Director, CRIF Corporation.

 

The last roundtable discussion looks into regulator projects and platforms, developing action steps toward creating tech-driven interoperable government databases, standard payment systems, and BSP report generation and storage. Cathy Yang, Anchor and Managing Editor of ABS-CBN News Channel, facilitates the panel comprised of Raymund Liboro, Commissioner from the National Privacy Commission; Ira Paulo Pozon, Chief of Staff, Anti-Red Tape Authority; and Jaime Garchitorena, President and CEO, Credit Information Corporation.

In addition, enriching the discussions are presentations on best financial and digital practices to help facilitate increased financial inclusion. Christo Georgiev, Country Manager and Chief Strategist of FinScore, talks about telco credit scoring, while J.P Ellis drills down on digital onboarding for financial services.

 

Tags
Show More

Eli

Eli has 22 years of extensive IT sales expertise in Data, voice and network security and integrating them is his masterpiece. Photography and writing is his passion. Growing up as a kid, his father taught him to use the steel bodied Pentax and Hanimex 135mm film and single-direction flash, Polaroid cameras, and before going digital, he used mini DV tape with his Canon videocam. He now shoots with his Canon EOS 30D. Photography and blogging is a powerful mixture for him.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
Close