FinTech Alliance PH

This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages) This article contains promotional content. Please help improve it by removing promotional language and inappropriate external links, and by adding encyclopedic text written from a neutral point of view. (December 2024) (Learn how and when to remove this message) This article relies excessively on references to primary sources. Please improve this article by adding secondary or tertiary sources. Find sources: "FinTech Alliance PH" – news · newspapers · books · scholar · JSTOR (December 2024) (Learn how and when to remove this message) This article is an orphan, as no other articles link to it. Please introduce links to this page from related articles. (December 2024) This article's tone or style may not reflect the encyclopedic tone used on Wikipedia. See Wikipedia's guide to writing better articles for suggestions. (December 2024) (Learn how and when to remove this message) (Learn how and when to remove this message)

FinTech Alliance Philippines

Abbreviation	FintechAlliancePH
Founder	Lito Villanueva
Founded at	Manila, Philippines
Type	Non-profit industry association
Legal status	Active
Purpose	Advancing financial technology and digital finance
Headquarters	Makati City, Manila, Philippines
Location	Philippines
Coordinates	14°35′58″N 120°59′03″E / 14.5995°N 120.9842°E / 14.5995; 120.9842
Region	Southeast Asia
Members	100+ corporate members
Key people	Lito Villanueva (Founding Chairman) Nenette Mandap (Executive Director)
Website	fintechalliance.ph
Remarks	Represents 95% of digital retail financial transactions in the Philippines

FinTech Alliance PH is a non-profit organization in the Philippines dedicated to advancing the financial technology (fintech) sector. Founded in 2017, the alliance plays a role in promoting digital innovation, financial inclusivity, and regulatory collaboration within the Philippine financial ecosystem.^[1]

FinTech Alliance PH was established by Lito Villanueva, a prominent figure in digital finance who serves as its founding chairman. Villanueva, who is also the executive vice president and chief innovation and inclusion officer at Rizal Commercial Banking Corporation (RCBC), has been a driving force in promoting digital transformation and inclusive finance in the Philippines.^[2]

The organization claims to be the Philippines' premier digital industry association, with a membership comprising over 100 corporate entities that collectively represent more than 95% of the country's digital retail financial transaction volume. Notably, it was the first organization of its kind in Asia to establish an industry-led code of conduct and code of ethics, positioning itself as a self-regulating body committed to maintaining high standards in the fintech ecosystem.^[3]

The Alliance has been instrumental in several critical areas of financial technology and inclusion:

• National Strategy Influence: Played a role in shaping the government's National Strategy for Financial Inclusion and the National Retail Payments System.^[4]
• Digital Payments Transformation: Actively supported the implementation of the Digital Payments Transformation Roadmap.^[5]
• Research and Reporting: Publishes the annual Philippines FinTech Report, providing comprehensive insights into the country's digital financial landscape.^[6]
• Industry Events: Organizes significant events such as the Manila Tech Summit and manages the Bagong Pilipinas: The Philippines Country Pavilion at the Singapore FinTech Festival.^[7]

FinTech Alliance PH has extended its influence beyond national borders by:

• Co-founding the Asia FinTech Alliance^[8]
• Establishing the Alliance of Digital Finance Associations in South Africa^[9]

In 2024, FinTech Alliance PH formed a strategic partnership with the Asian Institute of Management (AIM) for the Manila Tech Summit 2024. This collaboration aims to:

• Develop a highly skilled workforce in digital finance
• Create a pool of internationally competitive digital talent
• Leverage AIM's Master of Science in Financial Technology program, jointly delivered with Manchester Metropolitan University^[10]

The organization has been actively advocating for the "Konektadong Pinoy" bill (Open Access in Data Transmission Act), which seeks to:

• Improve internet access to enhance digital payments
• Support the Bangko Sentral ng Pilipinas' goal of 70% adult transaction account coverage
• Encourage telecommunications infrastructure development^[11]

As the first organization of its kind in Asia, FinTech Alliance PH has pioneered an industry-led Code of Conduct and Code of Ethics, establishing a robust self-regulatory framework that sets new standards for responsible fintech development.^[12]

The Alliance has been instrumental in:

• Shaping the government's National Strategy for Financial Inclusion
• Supporting the National Retail Payments System implementation
• Driving the Digital Payments Transformation Roadmap^[13]

• Annual publication of the Philippines FinTech Report
• Organizing pivotal industry events:
  • Manila Tech Summit
  • Bagong Pilipinas: The Philippines Country Pavilion at the Singapore FinTech Festival^[14]

FinTech Alliance PH serves as a resource for:

• Regulators
• Policymakers
• Legislators^{[citation needed]}

The organization concentrates on:

• Digital payments advancement
• Financial education
• Promoting inclusive digital finance^[15]

The alliance has established international partnerships, co-founding:

• Asia FinTech Alliance
• South Africa-based Alliance of Digital Finance Associations^[16]