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The Philippine Statistics Authority said it has granted the Bangko Sentral ng Pilipinas to conduct the 2019 Financial Inclusion Survey (FIS) on January 8, 2020 in partnership with The Nielsen Company Philippines, Inc.
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The 2019 Genomre Report cited that the Philippines’ fintech market is projected to reach $10.5 billion by 2022.
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A robust payment solution is important for financial inclusion, and many fintech firms are providing ways to tackle that specifically. However, it is time that fintech firms focus on the supply chain for the benefit of micro, small, and medium enterprises, said a Bangko Sentral ng Pilipinas (BSP) officer.
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PFF will gather innovation and tech experts, thought leaders, and business executives to discuss global trends, key executions, and cutting edge solutions that will lead digital disruptions across industries.
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The program is in line with ING’s current efforts to leverage technology to become more client-focused and sustainable.
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The Department of Trade and Industry (DTI) has made renewing business names more easier by partnering with e-payment platforms so that proprietors can renew their business registration online.
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Popular e-wallet PayMaya is targeting to achieve Php 1 trillion worth of transactions as it remains bullish in fintech adoption in the Philippines.
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