Future of Finance, Philippines 2018

Friday, 5th October 2018

09:00

Opening Keynote

Chuchi G. Fonacier, Deputy Governor, Financial Supervision Sector, Bangko Sentral ng Pilipinas 

International Keynote
Financial services and Financial technology: war or union? 
Nick Hungerford, Co-founder, Nutmeg and Venture Partner, Portag3

Leadership Dialogue: The long road ahead in digitising the financial space in the Philippines 

The Philippines is one of the most dynamic economies in Asia, with a gross domestic product growth of 6.9% in 2018 and a global leader in “time spent on social media”. However, the country is not advancing in similar fashion in terms of financial services. What’s next for the Philippines? The speakers will be joined by a forward-looking panel to discuss:

• Opportunities and challenges in the Philippines market
• Reaching the unbanked with digital technology
• Supportive regulatory environment to lead the country into a new era of digital banking 

Speakers/Panellists include:

• Dennis D. Omila, EVP & Chief Information Officer, Union Bank of the Philippines
• Tina Stockdale, EVP & Chief Transformation Officer, Security Bank
• Nick Hungerford, Founder, Nutmeg and Venture Partner, Portag3
• Anthony Thomas, President and CEO, Mynt
• Pramod Kumar, Business Head APAC, Newgen

 Session chaired by:

• Foo Boon Ping, Managing Editor, The Asian Banker

10:30

Tea/ Coffee Break

11:00

The road towards financial inclusion

As Filipinos embrace the range of choices available to get a loan or transfer money or pay the bills which has expanded tremendously with the wave of new players in the Philippines market. This session looks at how some of these companies in the industry managed to revolutionise financial services and contribute to a more financially inclusive society.

• What are the new challenges for financial inclusion?
• How will new players counter the informal money lenders via social inclusion?
• Enabling regulation in Philippine financial inclusion increase the consumers’ trust
• How remittance is driving financial inclusion in the Philippines

Speakers/Panellists include:

• Jong Woo Kang, Principal Economist at the Regional Cooperation and Integration Division, Economic Research and Regional Cooperation Department, Asian Development Bank
• Joyce L. Suficiencia, Acting Deputy Director, Inclusive Finance Advocacy Office, Bangko Sentral ng Pilipinas
• Alex Chan Lim, Country Manager Philippines, MoneyGram

12:00

Luncheon

13:00

The future of payments for Filipinos

Filipinos have a larger appetite for new technology that bring convenience and security compared to the rest of the neighboring nations who are already ahead in the game. Enabling access to electronic transaction accounts will enable the majority of Filipinos to use e-payments, which is a more secure and cost-effective means to access a full range of payments. In this session, we will discuss new modes, channels, and technologies that can be leveraged during the transformation to a cashless society.

• Challenges in the e-payment system
• How can Filipinos benefit from being cashless?
• How can more innovated technologies contribute to a fast and secure e-payment system

Speakers/Panellists include:

• Margarita Lopez, FSVP and Head of Digital Banking Group, Rizal Commercial Banking Corporation
• Antonio Maramag, SVP and Head of Branch Banking Sector – Marketing Group, Development Bank of the Philippines
• Mamerto Tangonan, Chief of Party, USAID/E-PESO Activity
• Malek Mroueh, Vice President & Regional Head of the Asia, Middle East & Africa, TSYS

 Session chaired by:
Richard Hartung, International Resource Director, The Asian Banker

14:00

Key findings from The Asian Banker Retail & Technology Awards Programme  
Our research team will present key trends and findings from the 2018 awards programme for the Philippines and highlight outstanding achievements and case studies.

• Awards programme: Process, methodology and scorecards
• Overview of the retail banking market in the Philippines
• Key findings and best practices

Session chaired by:
Richard Hartung, International Resource Director, The Asian Banker

14:15

Blockchain technology towards achieving inclusive prosperity in the Philippines
Rural banks in the Philippines are embracing blockchain to expedite the process of integration of residents into mainstream banking. An initiative under The Union Bank of the Philippines spearheading this i2i project to complete this project and following their lead by other banks to move the Philippines towards more inclusivity. . 

• How can the rest of the country benefit from blockchain platforms?  
• Are Filipinos ready for a transparent and decentralised global tech?
• Standardisation for banking and non-banking financial institutions adoption of blockchain

Speakers/Panellists include:

• Justo Ortiz, Chairman, Union Bank of the Philippines

 Session chaired by:
David Gyroi, CEO of Banking Reports Ltd London

15:15

Securing digital transformation in a cyber world 
Poor cyber security has affected all levels of society, in the national, local, and personal level. Therefore, the President of the Philippines’ agenda of national development, has been formed to ensure national security and intensify law enforcement. Cybersecurity has been considered an emerging critical area for the country. During this session we will discuss the issues in depth with local and international leaders 

• What are the main challenges in the cybersecurity space for the Philippines financial institutions? 
• Cybersecurity trends and predictions 
• Case studies: Security breaches and lessons we should learn  

 Speakers/Panellists include:

• Roland V. Oscuro, Chief Security Officer, Head of Enterprise Security Group, Chief Information Security Officer, Philippine National Bank
• Ricardo Gonçalves, Head of APAC Intelligence, Barclays Group Chief Security Office

 Session chaired by: 
David Gyroi, CEO of Banking Reports Ltd London

16:00

Fintech Innovation Showcase 
Case studies from fintech players as well as bank internal innovation departments demonstrating outstanding creativity and potential in the market in the following areas:

• Financial inclusion
• Blockchain and distributed ledgers
• Bitcoin applications 
• P2P lending platforms
• Banking through wearable technology 
• Online and mobile platform

Speakers/Panellists include:

• Mark Vernon, President & Founder, Tagcash
• Michael Singh, Co-founder and CEO, Asiakredit
• Israel Keys, Founder and CEO, Bloom Solutions
• Alexander Capulong, Head of Sales, First Circle
• Albert Christian Go, Founder and Country Head of Philippines, BeamAndGo

Session chaired by:
Foo Boon Ping, Managing Editor, The Asian Banker

17:30

End of Convention