Empowering Financial Inclusion: Key Takeaways from the Open Finance Revolution 2024

Gorriceta Africa Cauton & Saavedra | View firm profile

The Fintech Philippines Association (FPH) is thrilled to share the highlights from the 2nd edition of the Open Finance Revolution, held on June 3, 2024.This significant event convened industry leaders, policymakers, and stakeholders to explore the transformative potential of open finance in the Philippines.

Atty. Mark S. Gorriceta, Managing Partner at Gorriceta Africa Cauton & Saavedra and a Board Trustee of FPH, served as a distinguished panelist. He offered valuable insights on key topics, including the evolution of open finance beyond APIs and the critical exchange of data between financial institutions and their customers. Atty. Gorriceta emphasized the importance of fostering trust and transparency within the financial ecosystem.

The Open Finance Revolution 2024 marks a pivotal moment for the Philippines as it aims to position itself as a leader in promoting financial inclusion and cultivating an open data economy. Discussions at the event underscored how open finance can drive innovation, enhance customer experiences, and create new opportunities for both consumers and businesses.

Panelists and experts engaged in productive dialogues addressing the regulatory landscape, technological advancements, and best practices for implementing open finance initiatives. This collaborative effort seeks to tackle challenges and leverage opportunities within the fintech sector.

As the Fintech Philippines Association continues to champion initiatives that promote inclusivity and growth in the financial industry, the Open Finance Revolution serves as a crucial platform for advancing these goals.


Link:

https://www.facebook.com/gorricetalaw1/posts/pfbid0ZanPWLNTKKuSXf2bmHdbymnhjQpwPk1K9Bta5hcmv6BP33Zj4jGJHdJmJqTuBhHml

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