Fintech Philippines Association’s Post

Congratulations to our esteemed nominees in the IT/Tech Firm of the Year category for the Ghana FinTech Awards 2023. The successful companies are: 1. Achieve Payroll 2. The Blu Penguin 3. Broadspectrum Digital Payments 4. Hubtel 5. Infinity Principle Technologies 6. Margins Group To cast your vote and support your favorite, simply follow these easy steps: 1.     Dial *711*80# on all networks. 2.     Input the code of your preferred company or individual. 3.     Press (1) to confirm. 4.     Select preferred bulk votes. 5.     Follow the prompts.

Oradian has been actively involved in the Philippines financial services sector for nearly a decade, and I'm always appreciative of the time spent here; engaging with our team and meeting our partners and community. Yesterday, Oradian hosted an engaging discussion and networking meetup on the theme Navigating Disruption - Seizing Opportunities, Overcoming Challenges, at the Grand Hyatt in BGC. The atmosphere was lively, reflecting the exciting developments unfolding in the financial services sector across the country and the broader ASEAN region. Thank you to everyone who joined us, and a special mention to my fellow panelists, #techleaders, George Chesakov, co-founder of Salmon Group Ltd, and financial services innovator, Lowell C.. Here are my key takeaways from our discussions: • Digital transformation is not a destination - "It is an ongoing transition throughout the lifetime of the business".  • Cultivating a culture of innovation and short iterations "learning from your clients to address their needs", is crucial for success.  • Having the fundamentals in place is critical before chancing the next big tech – “no use chasing AI if you haven’t stored your data in a digital format”. • Open banking presents significant opportunities, "but its effective implementation requires the right frameworks and strategies".  • The Philippines is a massive market opportunity: “…115m population, with another 20m (young, digital first) adults needing financial services in the next decade, who need to be served!!! The Philippines still has some of the biggest opportunities in the world”. I'm excited to see Oradian continue providing the core technology enabling the disruptors to seize the growing market opportunities and lead with innovative financial services within the Philippines. Expertise and excellence will continue to drive and enable digital innovation at an unprecedented scale within the Philippines’ and greater ASEAN financial sector! #Fintech #SalmonGroupLtd #GeorgeChesakov #LowellCampbell #AntonioSeparovic #Oradian #DigitalBanking #CoreBanking 🚀

We are thrilled to affirm our ongoing commitment to capacity building in the financial inclusion sector. Today, Sofia Ortega-Potter, Lead for Inclusive and Responsible Finance, had the honor of participating in a pivotal discussion with the Alliance for Financial Inclusion (AFI) and Bank Negara Malaysia. The focus was on enhancing financial literacy and the critical role of regulators and supervisors in boosting financial capabilities. Financial literacy is essential not only to the financial well-being of individuals, families, and communities but also as a cornerstone for sustainable economic growth and social equity. By empowering people with the necessary knowledge and skills, we can pave the way for more inclusive financial systems that support diverse and thriving societies. Join us as we continue to drive meaningful change and foster a more financially literate world. #FinancialInclusion #FinancialLiteracy #EconomicGrowth

Are you seeking to expand overseas? The UOB Business Outlook Study 2024 (SMEs & Large Enterprises), which surveyed more than 4,000 businesses in seven key markets across the ASEAN and Greater China regions, found that more than 80% of them want to expand overseas. This interest is most keenly felt in Indonesian and Vietnamese companies. The top two sectors looking to expand are manufacturing and engineering, as well as tech, media and telecom. Speak to us about your expansion plans and receive suggested companies and people whom you should speak to fulfil your expansion plans. https://bit.ly/3RvHT5L #virtualbusiness #familyoffice

Are you seeking to expand overseas? The UOB Business Outlook Study 2024 (SMEs & Large Enterprises), which surveyed more than 4,000 businesses in seven key markets across the ASEAN and Greater China regions, found that more than 80% of them want to expand overseas. This interest is most keenly felt in Indonesian and Vietnamese companies. The top two sectors looking to expand are manufacturing and engineering, as well as tech, media and telecom. Speak to us about your expansion plans and receive suggested companies and people whom you should speak to fulfil your expansion plans. https://buff.ly/3KL7ljK #virtualbusiness #familyoffice

Are you seeking to expand overseas? The UOB Business Outlook Study 2024 (SMEs & Large Enterprises), which surveyed more than 4,000 businesses in seven key markets across the ASEAN and Greater China regions, found that more than 80% of them want to expand overseas. This interest is most keenly felt in Indonesian and Vietnamese companies. The top two sectors looking to expand are manufacturing and engineering, as well as tech, media and telecom. Speak to us about your expansion plans and receive suggested companies and people whom you should speak to fulfil your expansion plans. https://bit.ly/3xjbuIC #virtualbusiness #familyoffice

To underscore the significance of joining the Fintech Latvia Association , Nectaro has outlined several key benefits: 🟢 Networking Opportunities: Engage with peers, mentors, and industry leaders. These connections can provide invaluable support, advice, and the foundation for beneficial partnerships. 🟢 Knowledge Sharing: Membership enables you to stay at the forefront of the latest trends, tools, and practices within the fintech sector, ensuring you remain competitive and informed. 🟢 Advocacy and Influence: The association represents a powerful collective voice capable of influencing policy, legislation, and industry standards, thereby shaping the fintech landscape for the better. 🟢 Support System: The association offers emotional support, advice, and assistance, proving crucial during challenging times and contributing to the well-being of its members. 🟢 Resource Pooling: Joining the community allows for the pooling of resources, including knowledge, financial support, or access to shared tools and facilities, enhancing the capabilities of each member. 🟢 Sense of Belonging: Membership fosters a sense of belonging and identity within the fintech community, reinforcing the collaborative spirit and shared goals of the industry. Happy to be part❤️ #Nectaro #NectaroPlatform #InvestWithNectaro #investments #retailinvestments #finance

Most central banks and monetary authorities are promoting digital assets such as digital currencies, stablecoins and security tokens offering etc, and digital assets are becoming mainstream globally. Subsequently, digital trust solutions have become a new topic in protecting wealth and privacy security. Digital trust solutions leverage fintech and regtech to meet customer needs and regulator requirements.

NPCI to develop UPI-like payments platform in Trinidad and Tobago. The partnership will help India: Enhancing global recognition of UPI. Creating economic opportunities through technology export. Strengthening diplomatic and economic ties. Positioning India as a leader in digital payments. Driving innovation and improvements in UPI. Promoting global financial inclusion. This collaboration showcases India’s technological expertise and fosters international cooperation.

This article by Temi Popoola, Group Managing Director / CEO, Nigerian Exchange Group Plc outlines several Nigerian initiatives focused on retail investors. See the link in the comments. It details how NGX is leveraging digital innovation to enhance financial inclusion, with particular emphasis on increasing retail participation in Nigeria's capital markets. The NGX Invest platform, a digital offering, simplifies access to securities in the primary market. It provides a streamlined process for retail investors to engage in capital market activities, ensuring ease of use through mobile interfaces and verification processes like the Bank Verification Number (BVN). As of August 2024, NGX Invest has attracted nearly 60,000 investors, aiming to reach over 60 million bank customers. NGX has introduced a USSD code that allows retail investors to check share prices and initiate trading account processes, further enhancing access to the capital market. To drive retail investor engagement, NGX has introduced several educational initiatives, including the X-Lit financial literacy series and partnerships with telcos and schools. Notable is the fact that the first digital public offering through NGX attracted over 150,000 new retail investors, predominantly young and female. NGX also focuses on automating processes like dividend payments, improving efficiency and convenience for retail investors. The CMU Africa welcomes these wholesale initiatives, especially the focus on disclosing market data, as they align with efforts to democratize access to capital market opportunities and include retail investors in financial growth strategies. The online IR practices of listed companies will increasingly come into focus as the retail shareholder base grows. It is also worthwhile to note that empowering women in and other stakeholders in investing only adds value when share prices rise and there's strong dividend flows. All too often (and we have seen this in recent Telco IPOs) retail investors are lured in to support companies offers, only to be financially disempowered for years after the IPO. #investorrelations #financingafrica #sustainability