Posts

Showing posts from June, 2024

BSP committed to fostering fintech innovations in the Philippines

Image
  Following widescale Filipino government initiatives like Digital Payments Transformation Roadmap 2020 to 2023, Open Finance Framework, National Strategy for Financial Inclusion 2022-2028 and others, the Central Bank of the Philippines (BSP) is racing to expedite the growth of fintech in the country. While fintech innovations in the Philippines are gaining rapid momentum, it’s not without BSP’s continued efforts with the government and private sector companies. So much so that even the Securities and Exchange Commission (SEC) has joined the former’s bandwagon in spearheading groundbreaking initiatives in the sector. Furthermore, to increase the adoption of digital financial products in the island country, government agencies like the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) are getting a complete digital makeover. Giving a 360-degree view on the evolving sector alongside the many existing opportunities, the archipelago is also witnessing a surge in fintec...

Top 3 unmissable events in August in the Philippines

Image
  Powered by the coordinated efforts of both government and private entities, innovations in the Philippines have taken a next-gen paradigm. For instance, financial services in the Philippines have proliferated in the recent past and the country is now housing over 867 actively used fintech applications. The archipelago has also embarked on a new cybersecurity journey wherein its Department of Information and Communications Technology is taking active measures to ensure the nation reaches the ‘resilient enterprise’ level by 2027. At a time when the global industries are eyeing the Philippines as a highly lucrative market for growth and investment, the month of August is lined up with a series of remarkable events. Here’re the top 3 unmissable august events Philippines . 1. World of Consumer Electronics Expo (WOCEE) 2024: Scheduled for 7 – 10 August at SMX Convention Center Manila , WOCEE is the premier consumer electronic trade show that caters to the B2B segment in the Ph...