Last September 25, 2019, eCompareMo presented Finovation 2019: Real Problems, Real Solutions at the Manila Peninsula Hotel. The said forum on Financial Literacy delved into a deep level of understanding financial economy.
The annual forum gathers an esteemed panel of experts to strengthen fintech collaboratio for better credit access. The round table was moderated by Vince Rapisura, President and Founder of Social Enterprise Development Partnerships, Inc. (SEDPI). The panel includes Pia Roman-Tayag, Managing Director, Center for Learning and Inclusion Advocacy (CLIA); Mags Vasquez-Surtida, FVP, Cards Business Group Head, Asia United Bank; Harvey Libarnes, VP-Financial Service Head, Smart Communications Inc.; Hamilton Angluben, General Manager, Cashalo; and Stephanie Chung, Co-Founder and CEO, eCompareMo.com.
Finovation 2019’s sessions delineate existing issues and action steps to empower financial institutions and strengthen financial inclusion in the country.
Dr. Benjamin Diokno, Governor of the Bangko Sentral ng Pilipinas (BSP) graced the program. He encouraged industry leaders to maximize technology and innovation to reach people from all walks of life including the financially-challenged Filipinos.
The second panel surveys industry-wide challenges, identifying areas of improvement in credit infrastructure, data and verification, and digital financial ecosystems. The discussion aims to generate solutions that will strengthen collaboration between financial service providers and create an accessible and trustworthy financial ecosystem for more Filipinos.
Moderated by Atty. Aileen Amor-Bautista from the Credit Information Corporation, the panel is comprised of J.P Ellis, Co-Founder and Group CEO of C88 Financial Technologies Inc; Marlo Cruz, President, and CEO, CIBI Information Inc.; Marty Gonzalez, Head of Integrated Solutions Group, TransUnion; and Simone Colombara, Managing Director, CRIF Corporation.
There were presentations on best financial and digital practices to help facilitate increased financial inclusion. Christo Georgiev, Country Manager and Chief Strategist of FinScore, talked about telco credit scoring, while J.P Ellis drilled down on digital onboarding for financial services.
The last roundtable discussion looks into regulator projects and platforms, developing action steps toward creating tech-driven interoperable government databases, standard payment systems, and BSP report generation and storage.
Cathy Yang, Anchor and Managing Editor of ABS-CBN News Channel, facilitated the panel comprised of Raymund Liboro, Commissioner from the National Privacy Commission; Ira Paulo Pozon, Chief of Staff, Anti-Red Tape Authority; and Jaime Garchitorena, President and CEO, Credit Information Corporation.
Part of C88 Financial Technologies Inc., eCompareMo.com is the largest local online financial marketplace, connecting banks, loan providers, and insurers.
Since 2014, eCompareMo.com has helped consumers get approved for credit cards and loans, and find insurance products that suit their budget and lifestyle, while providing financial institutions a complete and secure digital financial technology ecosystem.
For more info on how to improve credit access to financially-undeserved Filipinos, visit eCompareMo.com.