ASEAN’s most influential fintech event – WFIS, is all set to disrupt Philippines’ FSI market – Latest Digital Transformation Trends | Cloud News – Wire19

The World Financial Innovation Series (WFIS) 2022 – Philippines brings together some of the world’s top financial services providers for a two-day mega-scale FSI summit. The event will explore what is happening in the Philippines’ fintech market while facilitating collaboration between vendors and organizations looking to invest or offer products/services in this growing market. 
The launch of the ‘Digital Payments Transformation Roadmap 2020-2023’ by the Central bank has been driving major fintech investments in the Philippines. To give an estimate, the first half of 2021 witnessed total funding amounting to $342 million garnered by the country’s firms which is more than double what was raised throughout 2020 so far.
To facilitate a common ground for networking and intelligence sharing for the Philippines’  FSI community, Tradepass is hosting World Financial Innovation Series (WFIS) Philippines at Sofitel Philippine Plaza in Manila on 16 – 17 August 2022.
The summit will attract more than 600 technology and business heads from premium banks, micro-finance institutions, and insurance companies across the Philippines.
In a statement issued, following her participation announcement as a speaker, Dr. Adrienne Heinrich (Vice President & Head of AI Center of Excellence, Union Bank of the Philippines) explained the pivotal nature of AI in her organization, “AI is a major driver of the Aboitiz Group’s Great Transformation into being the Philippines’ first techglomerate. At Union Bank of the Philippines, an Aboitiz-led universal bank, we leverage technologies like AI to deliver innovative models and solutions allowing us to provide tailor-fit recommendations on products and services that truly address our customers’ needs. AI also enables us to unlock new potential and opportunities across industries in the Group including banking and financial services, power, manufacturing, and beyond.
The event will also host the top 30+ thought leaders and industry experts who will shed light on the most trending FSI topics. Attendees can also get ready to witness a live showcase of the best FSI solutions from leading organizations and a lot more.
One of the confirmed speakers, Lito Villanueva (Executive Vice President and Chief Innovation & Inclusion Officer, Rizal Commercial Banking Corporation) while talking about the event expressed, “The bridge between the now and the future can only be built by disrupting the current conversation on technology and finance. These conversations spark limitless collaboration between leaders and trailblazers that create boundless innovation. The event is an opportunity to create not only innovation and disruption but ‘disrup-innovation’.”
Roy Joseph Roberto (Assistant Vice President (AVP) for Digital Transformation, Citibank Philippines) while appreciating the WFIS platform to address crucial CX challenges mentioned, “CX has now become the key differentiator while choosing a financial service platform. Realizing its inseparable nature with data science and AI, the financial services industry is gearing up with bigger investments in AI-enabled solutions. In that regard, World Financial Innovation Series serves as an ideal avenue for business and tech leaders to address the most pressing CX challenges and share how disruptive tech like AI can help bridge these gaps and transform DCX as we know it.
Organizer and CEO of Tradepass, Sudhir Jena, expressed “With the Philippines witnessing record high investments in fintech and the Filipinos becoming more and more savvy with digitization, WFIS 2022 – Philippines will be the perfect opportunity for the fintech providers to collaborate with the traditional financial institutions and other seeking organizations that want to incorporate fintech into their core infrastructure.”
Some of the confirmed speakers from the event include
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