Fintech Alliance INDX Summit 2.0 pushes for digital inclusion
FINTECH Alliance.PH in cooperation with Enderun Conferences hosted the second edition of the Inclusion and Digital Transformation (INDX) Summit on Nov. 2223, 2022 at the Enderun Tent in McKinley Hill, Taguig City. The event was attended by hundreds of industry practitioners involved in finance and technology locally and internationally and was participated in by some of the country’s highly-esteemed regulators, government officials, economic policymakers, thought leaders and members of the diplomatic corps.
The goal of the INDX Summit 2.0 was to discuss challenges concerning the digital divide between standards and regulations in e-commerce, health, agriculture, education, MSMEs, open banking, insurance, AI and new technologies, among others. It also discussed how Filipino consumers and businesses can use digital technology and digital transformation to deal with the current environment, advance economic recovery, and get back on track to achieving long-term financial goals.
This monumental event is the gathering of the Philippines’ visionaries and trailblazers. The past two years have been golden for the fintech industry in the Philippines and throughout Southeast Asia. It is only fitting that we reflect on our successes and welcome promising years to come,” said Lito Villanueva, founding chairman of the FinTech Alliance and executive vice president and chief innovation and inclusion officer of RCBC.
GCash President and CEO Martha Sazon said that “[d]igitalization or digital economy is a very complicated value chain. It starts from internet connectivity, device availability, and the various regulators around it, and into our space — fintech, e-commerce, and the various economic services. In the complete value chain, you have the government in each and every step. But you have different private sectors participating in it. We need the partnership from the government to make it easy for us to participate and to increase the penetration.”
She said that both government and private sector should build a rapport in leading the digital transformation in the country. Leaving it solely to the government wouldn’t be economically feasible.