The surge in digitization, a favourable regulatory landscape and the launch of ‘Digital Payments Transformation Roadmap 2020-2023’ by the Central bank of the Philippines (BSP) are together fostering a rich fintech environment in the country. To top it all, the presence of over 50 million unbanked Filipinos is only adding to the ultra-lucrative market.

With the advent of myriad online payment channels, cryptocurrency and digital banks, Philippines’ fintech firms witnessed a total funding of $342 million in the first half of 2021, more than double of what was raised throughout 2020.

To enable financial inclusion in the region and provide a common platform for the burgeoning FSI community, Tradepass is hosting the 10th edition World Financial Innovation Series (WFIS) at Sofitel Philippine Plaza Manila in Manila, Philippines on 16 – 17 August 2022. The event will attract over 600 technology and business heads from the leading Banks, Insurance & Micro-Finance institutions across the country.

 

Agenda (Day 1)

09:00 – 09:20

Digital Transformations: Revolutionizing Philippines Banking and Financial Prospects

• What’s New: Advances in Banking, Finance services and Insurance ecosystem
• Achieving BSP’s objectives of efficient, inclusive, safe and secure Digital ecosystem
• Formulating subsequent breakthroughs towards financial inclusion of the unbanked & underbanked and towards a productive Digital economy

09:20 – 09:40

Future Focus: Evaluating the Scope & Practicability of Modern Fintech Innovations

• Enabling seamless integration of financial services into a traditionally non-financial platform via embedded Banking
• Minimizing fiat money circulation through Intensifying CBDC framework and the uses cases in Digital Wallets
• Calibrating the extensibility of Fintech solutions in Philippines

09:40 – 10:00

Cloud Banking: Driving Agility with Fastened Service Delivery and Adapting to Changing Needs of Customers

• Providing customers with stellar service to keep them from switching to a competitor
• Cloud-based services allowing banks to create new business models, products, and services
• Addressing Cloud concerns: Risks, Security and Governance

10:00 – 10:20

Modernizing Conventional Banking Products in A Digital World

• Expansive implementation: Enabling modern banking services for the tech-savvy segment of the society
• Banking disruption: Reforming traditional banking methods with ever evolving core – banking solutions
• Heightening greater uptake of Digital banking products among a digitally risk-averse population

10:20 – 11:00

Panel Session: Digital Transformation: Reshaping Future of Banking Strategy to Enable Innovation and Adaptability for New-Age Customers

• Modernizing the Core Banking Platforms with strategic planning to enable and support the future ambitions of the bank
• What is the future of multi-channel banking, mobile Innovation & core system integration?
• What will the connected, customer-centric digital ecosystem of the future look like?

11:00 – 11:30

Networking Break

11:30 – 11:50

Enabling AI-Powered Self-Service Banks and Personalized Finance Management Tools

• Changing dynamics of automated banking process to achieve high accuracy at low cost
• Widening Digital Assistance: RPAs for facilitating operational efficiency and scalability
• Crafting a winning AI strategy for cross Business units to capture unseen opportunities

11:50 – 12:10

Big Data at Play: Experimenting with Data-Driven Optimization to Maximize Potential and Discover Competitive Advantages

• Segmenting data for hyper-personalized and hyper-contextualized engagement with Customers
• Making sense of unstructured Data and driving Business Value through it
• Predictive Data analytics to gauge consumer preferences to offer apt financial products and services

12:30 – 12:50

Fostering growth and Innovation: Infusing Digital tech with microfinance institutions and expanding dynamic lending

• How technology and Innovation is enabling access to small time finance for inclusive growth?
• Micro-financing small and medium scale enterprises (SMEs) and role of Fintech in aiding it
• Ascertaining false claims and risks of insuring and with greater certainty with automation in underwriting

12:50 – 13:00

Full-Suit Mobile Banking: Pushing boundaries for financial inclusion and integration

• How can mobile payments be used to facilitate access of Unbanked population in Asia?
• Reengineering banks with core banking solutions for a sound mobile ecosystem
• What are the must-have features for an innovative and future ready banking app?

13:00 – 14:00

Lunch Break

14:00 – 14:40

Panel Session: Driving Greater Customer Engagement: Prioritizing DCX For Enhanced Experience and Participation with Financial Institutions

• Revamping CX and UX towards a seamless and personalized accessibility to financial services
• Developing multiple access points for all the financial services being offered
• Acquainting the unacquainted: Promoting Digital products amongst the unfamiliar

14:40 – 15:00

Secured Banking: Fortifying Security to Counter the Ever-Evolving Cyberthreats

• How to choose the right Cybersecurity technology Stack?
• Structuring, testing and auditing security for its end-to-end IT lifecycle through DevSecOps
• Challenging the deceptive techniques in social engineering and Imbedded Malwares

15:00 – 15:20

Identity Screening and Customer Verification Solutions: Enhanced Standards In Authentication Process To Avoid Digital Defrauding

• Evolution in eKYC instruments and onboarding process for secure banking engagements
• Monitoring financial crimes in real time and creation of a National watchlist & Digital IDs through eKYC
• Challenges stemming from eKYC regulations and strict Data protection

15:20 – 15:40

BIOMETRICS: Re-Inventing the Connection Between People and Technology

• Do new biometric technologies focus on balancing security with user experience?
• Improvisations in voice and facial biometrics – strengthening authentication and security processes in a digital environment
• Digital ID’s: The Good, The Bad & The Unfamiliar

15:40 – 16:00

Neo-Banks: Delivering A New-Era of Banking for Advanced and Modern Customers

• Installing Digital only banking services and deactivating the traditional brick and mortar model of banking through Neo-Banks
• Achieving speed, convenience, cost savings to reduce dramatic overhead expenses incurred
• Reorienting consumer confidence while venturing into a 100% Digital and paperless business model

16:00 – 16:30

Networking Session (Coffee Break)

 

Agenda (Day 2)

09:00 – 09:20

Elevating Consumer & Commercial Banking with Advanced Technologies and A Well-Planned Digital Ecosystem

• Prioritizing a transformation strategy to ensure seamless integration of functionalities across the IT landscape
• How do banks add more value to commercial customers with product innovation, better customer experience?
• Embracing RPA, AI, ML to boost automation and integrated services for the entire corporate customer journey

09:20 – 09:40

Customer Acquisition & Management Through Cutting-Edge Tech Solutions to ensure Scalability and a steady Marketplace

• CMS and CRM Devising cost-effective customer onboarding and lead generation
• Orchestrating fitting Customer Acquisition Strategy through right media mix or omnichannel campaigns
• Evaluating the right set of automation tools for methodical customer acquisition and long-term customer retainment

09:40 – 10:00

Open Banking Ecosystem: Moving Away from A Monolithic Banking System to A Multi-Layered One

• Overcoming issues of seamless data sharing and eliminating banking ‘Silos’
• What are the key components of GRC framework for open banking?
• Deliberating mechanisms for an Identity Management framework to identify and track users across open banking application

10:00 – 10:20

Building on The Power of Interoperability: The Good, Bad and Ugly About Application Programming Interface (APIs)

• Navigating through the technological complexities of cross-platform integration
• Exploring secure code sharing practices to prevent data breach and hidden trackers
• Strategizing your own configurable In-house API stack to avoid multiple system integration

10:20 – 11:00

Panel Session: Rearing to Go Cashless: Initiating the Robustness of Digital Payments for Swift Transactions

• Enterprising push for reducing cost of transactions, ease and transparency through digital payment gateways
• Working towards multiple payment mechanisms such as QR technology, virtual cards and NFC
• Addressing the issue of transaction processing time and dispute settlement

11:00 – 11:30

Networking Break

11:30 – 11:50

Simplified Digital Transformation: Low-Code No-Code Development in Banking for Reduced Complexities, Time and Cost of Change

• How does Low-Code No-Code framework compare to other equivalent platforms in the arena?
• What does reduction in complexity and time mean for GRC guardrails, stability and productivity?
• How are data management and analytics processes in FIs changing due to application of low-code no-code?

11:50 – 12:10

WealthTech: Multiplying Revenue Streams & Assets Through Futuristic Wealth Management Systems

• What does Wealthtech enable for professional wealth management and investment ecosystem?
• Wealthtech Automation: Streamlining retail investment plans & processes through tools such as Robo – advisory and Robo-retirement
• Capitalizing on data-driven recommendations to further client relationships

12:10 – 12:30

RegTech: Amplifying Innovations in Compliance and Risk Management for Improved Regulatory Environment

• Building robust compliance framework through Regtech to facilitate real time reporting and fraud identification
• Apprehending and adapting to ever new guidelines, regulations, compliance and processes in order rise to the challenges
• Directing synergies and efficiencies between FIs and FSPs

12:30 – 12:50

Reshaping traditional Insurance: Insurtech providing convenience, security, choice, and comparison to their customers.

• Providing new ways to measure, control price risk, engage with customers to reduce cost, improve efficiency.
• Establishing Fraud Prevention & Tech framework with advanced automation and analytics
• Developing affordable pricing and personalized products for low-income households and greater rural participation through Insurtech

12:50 – 13:10

To Blockchain or Not to Blockchain: Could This Technology Enable Banking’s Next-Gen Disruptive Model?

• How does the decentralized architecture of the Blockchain really fit into the prudent banking system?
• Does Blockchain for certain pass the optimum test of both transparency and transaction immutability?
• What extent of automation can Blockchain bring to the Banking ecosystem?

13:10 – 14:10

Lunch Break

14:10 – 14:50

Panel Discussion: Revolutionizing Digital Partnerships in Banking & Finance for Mutual Headways and Success in An Ever-Transforming Innovation Landscape

• Strategizing roadmaps on collaboration for lucrative business models by Banks and Fintech on cutting-edge financial innovations
• Cutting down high regulatory environment through pre-deliberation with the government
• Multilayered Digital Partnerships Driving essential business offerings such as lending, saving products and much more

14:50 – 15:10

Bolstering Tech Talent Reserves to Meet the Needs of The Digital Financial World

• Upskilling and reskilling to supplement the on-demand skills and the evolving trends in Fintech and financial innovation
• Determining tech staffing needs to meet fintech and digital skill requirements to shape prospective professionals and experts
• Tackling the issues of employee retainment and talent poaching within the industry

15:10 – 16:00

Visit to Networking Lounge