The Philippines is experiencing a boom in digital banking as a result of the Covid-19 pandemic, with several digital-only banks announcing plans to enter the market and legacy banks rapidly upgrading their online offerings.
The Philippines is experiencing a boom in digital banking as a result of the Covid-19 pandemic, with several digital-only banks announcing plans to enter the market and legacy banks rapidly upgrading their online offerings.
How would you assess the potential of digital banking to boost financial inclusion in developing economies?
A new law supporting the development of Islamic finance has been introduced in the Philippines, in a move expected to boost financial inclusion and investment opportunities.
The Philippines’ insurance sector is expected to experience an increase in earning potential following a decision enabling companies to invest in state-backed infrastructure projects.
How do you assess the pace of fintech adoption in the Philippine banking sector, and how do you anticipate fintech will disrupt the global industry in the near future?
Newly approved legislation mandating a biometric national identity card is expected to help bring unbanked Filipinos into the financial fold.
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