Leah Callon-Butler, director of Emfarsis wrote about the Philippines Central Bank’s Financial Education Stakeholders Expo, which is aimed at building financial literacy for Filipino youths across the country. You can read the full article here at the Shift: FinTech for Financial Inclusion
The Expo comes weeks after the Asia Finance Forum, where the Asian Development Bank declared emerging digital technologies, such as fintech as the greatest opportunity to bring about financial inclusion across the developing world.
The Asia Finance Forum explored how the 1.7 billion people living outside the formal banking and financial system, can be empowered through technologies, such as mobile payments, digital banking, artificial intelligence, big data and blockchain.
Amid building momentum, Philippine Fintech Alliance President Lito Villanueva addressed the Financial Education Stakeholders Expo – detailing the sector’s efforts to build financial literacy through technology.
In 2015, the Bangko Sentral ng Pilipinas launched the Economic and Financial Learning Program, aimed at improving financial literacy through an array of local community initiatives.