Alibaba Cloud is gearing up to host the upcoming Alibaba Cloud Summit Philippines on 8 October 2024.
The summit brings together industry leaders, AI experts, and fintech companies to explore the potential of AI and cloud innovations in driving growth and financial inclusion in the country.
The event aims to empower fintech companies to leverage the latest technologies to enhance their services, improve customer experience, and drive business growth in the rapidly growing but still nascent fintech industry in the Philippines.
The industry saw a 20% increase in fintech companies in 2023 alone.
Despite this growth, challenges such as limited financial inclusion, high transaction costs, and inadequate infrastructure remain.
The Philippine government has launched initiatives, including the National Strategy for Financial Inclusion (NSFI) and the Philippine Fintech Roadmap, to address these issues.
The Alibaba Cloud Summit Philippines will provide a platform to explore further solutions and innovations.
Key topics at the summit will include the role of AI in enhancing financial inclusion, the impact of cloud technology on the financial services industry, and the future of payments and transactions in the Philippines.
Attendees will learn from industry leaders and AI experts about how to apply these innovations to enhance financial services and foster growth.
The event will feature keynote presentations, panel discussions, and workshops, offering fintech companies a chance to showcase their innovative solutions and products, while providing investors with new opportunities.
The Philippine fintech industry is expected to continue growing, with projections estimating it will reach PHP 1.5 trillion (approximately US$ 30 billion) by 2025, driven by increasing demand for digital financial services and ongoing government efforts to promote financial inclusion.
Registration for the summit is now open and attendance is free, so secure your spot here.
Featured image credit: Edited from Freepik
