As the Philippines continues its journey towards digitalization, it inevitably faces a rapidly evolving cyber threat landscape. New technologies and an increasingly connected environment have introduced a plethora of sophisticated cyber threats that demand immediate and continuous attention. Prevalent Cyber Threats One of the most pressing threats is malware, which remains the most pervasive cyber threat in the Philippines. Malware
In a world where Artificial Intelligence (AI) is revolutionizing nearly every industry by automating processes, offering predictive insights, and customizing interactions, the rapid growth and adoption of AI technologies have indeed brought about numerous benefits. However, these advancements are not without challenges, particularly related to bias, transparency, and ethics. This article delves into how Responsible AI can enhance customer experience
South Korea’s decision to amend its cryptocurrency policies to accommodate institutional investors marks a significant shift in the country’s regulatory stance, which has traditionally been restrictive toward involvement in crypto trading by local institutions. Previously, the Financial Services Commission (FSC) enforced a de facto ban on institutional crypto trading, limiting participation to individual retail traders who underwent rigorous verification procedures.
The digital lending market in the Philippines has shown remarkable growth, driven by increasing consumer demand for online technologies and supportive governmental policies. Digido, a study, predicts that this dynamic market could potentially exceed $1 billion in the latter half of 2025. This optimistic projection is significantly higher than the anticipated market size of $796 million by the close of
Fiserv, a global leader in payments and financial services technology, is enhancing its embedded financial capabilities through the acquisition of the fintech company Payfare. The primary objective of this acquisition is to strengthen Fiserv’s capabilities in workforce payment solutions and embedded finance, diversify its product portfolio, and expand into the new economy market to increase its client base. Frank Bisignano,
Asia, the world’s largest and most populous continent, is rapidly becoming a global tech powerhouse thanks to its remarkable embrace of artificial intelligence (AI). Across various sectors, the transformative impact of AI is increasingly evident and its adoption is driving economic growth at an unprecedented rate. With tech giants and innovative startups leading the charge, AI is optimizing operations, enhancing
Artificial Intelligence (AI) is transforming the landscape of customer experience (CX) journey mapping. By leveraging real-time data, AI provides predictive insights, facilitates personalized interactions, and enables smarter automation. This revolution is fundamentally altering how CX leaders and organizations approach customer engagement. Dynamic Personalization Real-Time Adaptation AI enhances customer journey mapping through dynamic personalization. Unlike traditional static maps, AI-driven systems adapt
Digital wallets have rapidly emerged as a transformative force in the global payment landscape. As technology continues to evolve, these digital payment methods are becoming increasingly popular, offering convenience, security, and financial inclusivity. This article delves into the growth trajectory of digital wallets, regional adoption trends, and their broader implications for the financial technology (fintech) sector. The Rise of Digital
From January 9 onwards, a pivotal shift in France’s banking landscape will occur as new eurozone banking regulations make instant money transfers generally free. The instant transfers, which significantly reduce the transfer time from several days to approximately 10 seconds, will no longer come with a price tag of around €1, as previously charged by French banks. Instead, these transactions
In recent years, Buy Now, Pay Later (BNPL) services have seen a remarkable surge in popularity, with over 26.4 million users leveraging these platforms to divide payments for both essential and discretionary purchases. One-quarter of consumers utilized BNPL services to navigate the financial demands of the festive season, a figure that rises to over half among parents of primary school
The integration of blockchain technology with artificial intelligence (AI) is driving a new wave of innovation in digital sectors, with AI-enhanced crypto projects offering transformative capabilities. This convergence has resulted in autonomous decision-making capabilities and continuous services that have impacted various areas such as investment analytics, community interaction, gaming, and entertainment. As both blockchain and AI continue to evolve, their
The impending generational wealth transfer is set to reshape the asset management landscape. Over the next two decades, an estimated $84 trillion will transition from older generations to Millennials and Gen Z. This shift necessitates that asset managers adapt to the evolving preferences of these younger investors to remain competitive. These cohorts bring distinct expectations to the table, diverging considerably
