• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
World Financial Innovation Series Philippines: Catalyzing the Future of Fintech

World Financial Innovation Series Philippines: Catalyzing the Future of Fintech

06/24/2024
U.S. Considers Raising Tariffs on India Amid Concerns Over Energy Trade Practices

U.S. Considers Raising Tariffs on India Amid Concerns Over Energy Trade Practices

08/05/2025
Marcos Reviews Proposal to Adjust Rice Tariffs and Import Policy

Marcos Reviews Proposal to Adjust Rice Tariffs and Import Policy

08/05/2025
U.S. Adjusts Start Date for Tariff Implementation to August 7

U.S. Adjusts Start Date for Tariff Implementation to August 7

08/05/2025
Analysts Weigh Impact of Recent U.S. Tariff Policies on Global Trade

Analysts Weigh Impact of Recent U.S. Tariff Policies on Global Trade

08/05/2025
Philippine Lawmakers Seek to Revoke Executive Authority Over Rice Tariffs

Philippine Lawmakers Seek to Revoke Executive Authority Over Rice Tariffs

08/05/2025
Businesspeople shaking hands, symbolizing a trade agreement or negotiation impacted by increased tariffs. - Supply Chain News

U.S. Increases Tariffs on Select Canadian Imports to 35 Percent

08/01/2025
Trump Administration Sets New Tariffs to Begin in One Week

Trump Administration Sets New Tariffs to Begin in One Week

08/01/2025
New U.S. Tariff Measures Reshape Trade Terms with Canada and Other Key Partners

New U.S. Tariff Measures Reshape Trade Terms with Canada and Other Key Partners

08/01/2025
United States Revises Import Tariffs on Canadian Goods to 35%

United States Revises Import Tariffs on Canadian Goods to 35%

08/01/2025
U.S. Raises Tariffs on Canadian Imports from 25% to 35% Under Executive Order

U.S. Raises Tariffs on Canadian Imports from 25% to 35% Under Executive Order

08/01/2025
Professional Logistics Network Inc. Nominated for Go Global Awards 2025

Professional Logistics Network Inc. Elevates Global Freight Forwarding with Next-Gen Digital Alliance

07/31/2025
Zoni American High School Nominated for Go Global Awards 2025

Zoni American High School Expands Global Opportunities Through U.S.-Based, Student-Centered Education

07/31/2025
supplychainreport
Tuesday, August 5, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

World Financial Innovation Series Philippines: Catalyzing the Future of Fintech

by Nina E.
06/24/2024
in Market Trends

The Philippines is rapidly emerging as a powerhouse in the fintech sector, driven by a synergy of government initiatives and private sector innovations. With the country’s digitalization efforts accelerating, fintech adoption is poised to reach 72% of the population by 2024. This burgeoning growth is highlighted by the impressive $344 million in funding raised in 2022 and the widespread use of 867 active fintech applications across the nation.

The increasing penetration of smartphones, now owned by over 74% of Filipinos, further bolsters the fertile ground for fintech expansion. Recognizing the potential of digital financial products, the Central Bank of the Philippines (BSP) has launched several pivotal initiatives, such as the National Strategy for Financial Inclusion 2022-2028 and the Digital Payments Transformation Roadmap 2020-2023. These efforts are complemented by the Open Finance Framework, all aimed at fostering a robust and inclusive financial ecosystem.

YOU MAY ALSO LIKE

Consumers in Canada and Europe Shift Away from U.S. Products Amid Trade Tensions

Market Edges Up as Foreign Investors Continue Net Selling Streak

In alignment with these national objectives, the government is also digitalizing critical agencies like the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) to streamline financial processes and boost efficiency.

To further propel this dynamic sector, the World Financial Innovation Series (WFIS) will return to Manila, taking place at the Marriott Hotel on August 13-14, 2024. This prestigious event will convene over 600 technology and business leaders from leading banks, insurance companies, and microfinance institutions across the Philippines. WFIS offers a unique platform for industry stakeholders to explore the latest trends, exchange innovative ideas, and foster strategic partnerships.

The International Trade Council (ITC) proudly supports the promotion of the WFIS Philippines. The ITC’s endorsement underscores the event’s significance in shaping the future of financial services and advancing economic growth in the region.

As the Philippines continues to navigate its path towards a more digitized and inclusive financial landscape, events like WFIS play a crucial role in driving dialogue, innovation, and collaboration among key players in the fintech ecosystem.

ABOUT THE ORGANIZER

Tradepass

Tradepass is renowned for orchestrating high-impact events that bring together thought leaders and innovators in the financial services and technology sectors. By facilitating knowledge exchange and networking opportunities, Tradepass aims to drive progress and foster collaboration across industries.

For more information about the event and to register, visit the official WFIS Philippines website: https://philippines.worldfis.com/

Stay current with supply chain report news at The Supply Chain Report. For international trade resources, visit ADAMftd.com.

#WFISPhilippines2024 #FintechPH #DigitalFinance #ITC #InnovationSeries #FinancialInclusion #TechInFinance #DigitalTransformation #FintechEvents #BankingInnovation

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.