Event Proceeding Reports
Philippine banks navigate digital transformation amid legacy challenges, identity verification gaps, and regulatory pressures
TAB Global, AWS, Red Hat, and Temenos held a Luncheon Roundtable Dialogue on 26 September 2024, with industry leaders discussing digital transformation, overcoming legacy system barriers, fostering collaboration in financial ecosystems, expanding inclusion through alternative credit, and streamlining compliance for global connectivity.
The roundtable centered on the following themes:
- Digital transformation through balancing innovation with practical implementation.
- Financial inclusion expansion through alternative credit scoring and microfinance.
- Ecosystem collaboration as a catalyst in financial services innovation.
- Operational resilience and overcoming barriers in legacy systems and compliance.
- Streamlining compliance for global connectivity through regulatory evolution and cross-border payments.
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