SFF AGENDA

The SEA market for fintech is expanding with increasing regional, cross-border collaboration.
The ecosystem is maturing and strengthening. The leading fintech associations in the region are coming together in a formal collaboration to support our ambitious fintech members through building a strong network, education, and exchanging thought leadership.
 
Join us to witness representatives from Cambodia, Malaysia, Philippines, Singapore, Thailand, and Vietnam sign an MoU to bring ASEAN Fintech players closer.

Mobilewalla, a global leader in consumer intelligence solutions, is pleased to announce the launch of its newest offering for digital lenders, LendBetter, at the Singapore Fintech Festival 2022. Leveraging the industry’s most comprehensive repository of global consumer information, LendBetter is uniquely positioned to provide digital lenders with high-quality, AI driven predictive data and features at scale, helping them improve their credit assessment and customer acquisition process. LendBetter also offers financial institutions easy to integrate risk scores powered by sophisticated machine learning, which are highly predictive of credit~~-~~worthiness for new-to-credit borrowers. This enables digital lenders to extend loans to thin-file consumers, significantly increasing access-to-credit and positively impacting financial inclusion in emerging markets. 

At the 2022 Singapore Fintech Festival, UBX will launch a consortium or partnership to pilot Open Finance in the Philippines. The main banking group will be key participants - Union Bank of the Philippines, UnionDigital Bank, City Savings Bank, and Bangko Kabayan. This will also include other stakeholders from Bangko Sentral ng Pilipinas, Aboitiz InfraCapital, Landbank, Agribank, Direct Agent 5, Tambunting Pawnshop, FinScore, PowerCred, KMBI, OmniPay,
Philippine Postal Corporation, and other stakeholders that may follow.

This consortium or partnership with key stakeholders will highlight either the ideal launch
- with the prototype application and the signing of the formal consortium organization (non-profit); or at the minimum
- the Memorandum of Agreement between these stakeholders, UBX’s Open Finance Open Application (for non-API ready participants) and API marketplace, and the education advocacy with the BSP.

This will already materially demonstrate UBX’s Open Finance capabilities. This activity will showcase the Open Finance
solution UBX has built to the BSP and IFC as well as the community that we represent that will spur adoption in the country. These are key factors that set the consortium/partnership and solution apart.

This will also continually establish the entire group’s leadership position in Open Finance - and move the nation conversation forward with practical applications of Open Finance among the pilot partners.