Philippines Strengthens Its Regional Fintech Presence With First ASEAN Fintech Festival

The Philippines is strengthening its regional presence in the technology sector. Digital Pilipinas Festival (DPF) will take place October 17-21 to kick off a month-long celebration of digital adoption in the ASEAN region in hopes of building an unbreakable system.

It also supports the growth of the country’s digital economy, which is projected to reach P5 trillion by 2030.

Throughout the week, DPF will bring together the public sector and It will bring together over 200 prominent ASEAN leaders from the private sector. .

DPF kicks off the month-long ASEAN Fintech Festival, followed by annual similar festivals in Cambodia and Thailand. Singapore Fintech Festival,Indonesia.

The DPF consists of two parts. One is the World FinTech Festival-Philippines (WFF-PH) in the morning, which will focus on the development and advancement of Fintech and different types of technologies in the ASEAN region.and the opening ceremony Philippine Fintech Festival (PFF) The afternoon will focus on Philippine country-specific challenges, issues and innovations.

“DPF envisions making the Philippines a strong player in the ASEAN region. Amor McLungconvener Digital philipinas, World Fintech Festival Philippines (WFF-PH), and PFF. “The Philippines’ digital economy, which economists predict will reach a value of $92 billion by 2030, is poised to make the country even more competitive in fintech and other technology sectors in the region. .”

“Digital Pilipinas and PFF together make up the largest digital economy festival in the country,” adds Maclang.

The World FinTech Festival-Philippines session (WFF-PH) in the morning will highlight different types of technological advancements in the ASEAN region. Governments and industry leaders from various countries such as Hungary, Israel, and Singapore will jump in to share best practices and seek collaboration on trends such as regional trading, e-commerce adoption, cybersecurity, AI and data privacy. . .

Meanwhile, the PFF’s afternoon workshops bring sector stakeholders, regulators, legacy players, technologists and start-ups together for individual technical working group discussions to address specific industry pain points and develop their own present the solution. PFF will also explore how technology can harness the enormous potential that the Philippines has to improve industries, develop smart cities and create a brighter future.

WFF-PH and PFF are convened by Digital Pilipinas. Digital Pilipinas is the largest private sector movement to create a technology and innovation system for the nation’s technological upgrade, Yerebandian organization founded by Monetary Authority of Singapore (MAS) aims to foster an open dialogue between the public and private sectors to advance Fintech in the digital economy.

WFF-PH and PFF are also supported by the governments and fintech associations of Israel, Hungary, Hong Kong, Indonesia, Thailand, Malaysia, Singapore and Cambodia.

A major highlight of the five-day series is the launch of the MAS Hackcelerator Program powered by Digital Pilipinas and think tanks. Oliver Wymanrecognizes groundbreaking innovations that propel society towards Web 3.0. Industry associations such as the Distributed Ledger Technology Association of the Philippines (DLTAP), the InsurTech and RegTech Association, and other related industry groups will also be launched.

All events will bring together new and innovative technologies of various kinds, such as government, mobility and logistics, smart and connected cities, energy, Web 3.0 (blockchain, cryptocurrencies, cybersecurity, NFTs), technology for the open. Showcasing technology’s unique nation-building capabilities and strengths. Data and open finance, e-wallets, suptech, AI and big data, SME digitization and e-commerce, wealthtech, fintech, ESG and green finance, insurtech and healthtech, marktech.

Top companies, including, will be at the forefront of the event. ADVANCE AI; Uncas; Blankas; colfinancial; digicorp; Etika Philippines; GCash; KPMG Philippines; ninja van Philippines; Peimongo, union bank, uno digital BankWhen Start-up villageOther prominent institutions such as . Mapua university, Fintech Philippines Association, bounce back PH, fin score, Tech exactlyWhen Geyser MacLung also supported the event.

  • Francis Bignell

    Francis is a journalist with a BA in Classical Civilizations and a professional interest in North and South America.

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