Technology

Technology

AI for financial inclusion: CIBI partners with ADVANCE.AI

Aiming to leverage the power of AI for financial inclusion, CIBI Information Inc. has signed a strategic partnership with ADVANCE.AI. Image credit: ADVANCE.AI
CIBI President and CEO Marlo R. Cruz says the partnership will boost financial inclusion in the Philippines. Image credit: ADVANCE.AI

Aiming to leverage the power of artificial intelligence (AI) for financial inclusion, Philippine credit bureau agency CIBI Information Inc. (CIBI) has signed a strategic partnership with Singapore-headquartered AI and big data company ADVANCE.AI.

“We’re truly excited by this partnership. Our mission has always been to boost financial services access and inclusion among unbanked and underbanked individuals and businesses in the Philippines. This partnership will pair ADVANCE.AI’s industry-leading AI and risk management solutions, including its identity verification and anti-fraud products, with our own data capabilities so we can grow our range and depth of credit reporting and information services in the country,” said CIBI President and CEO Marlo R. Cruz in a press statement.

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Technology

YouTrip partners with Visa for SEA expansion

YouTrip has announced a six-year partnership with Visa to accelerate its regional expansion, starting with Malaysia and the Philippines. Image credit: YouTrip
Image credit: YouTrip

YouTrip, Singapore’s leading multi-currency mobile wallet, has announced a six-year partnership with Visa to accelerate its expansion into the rest of Southeast Asia, starting with Malaysia and the Philippines.

“Our partnership with Visa will enable our continued growth to drive the next generation of innovation of cross-border payments. We are incredibly excited for the opportunities ahead to serve millions of consumers in Southeast Asia and empower them with the solutions they deserve,” said YouTrip Co-Founder and CEO Caecilia Chu in a press statement.

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Technology

GCash in 2020: Mobile wallet catalyzes digital economy

The massive growth of GCash in 2020 shows how Filipinos have embraced digital finance and made the mobile wallet part of their new normal. Image credit: Globe Telecom
Image credit: Globe Telecom

The massive growth of GCash in 2020 shows how Filipinos have embraced digital finance and made the mobile wallet part of their new normal.

“GCash has played an integral role in keeping not only the economy going, but keeping Filipinos safe and sane during the pandemic. We’ve seen not only heads of households and young adults use the GCash app for their financial lifestyle, but even consumers that advocate a greener Philippines, in maximizing what our platform has to offer,” said GCash President and CEO Martha Sazon in a press statement.

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A Life Less Analog, Entertainment, Technology

My favorite things: What made 2020 bearable for me

Technology column header

Happy New Year, everyone! I don’t believe in New Year’s resolutions, or that everything will suddenly be better just because 2020 is finally over. I do believe, however, that many of us have changed a lot in 2020, and that the lessons we learned in that challenging year will help us in 2021. So I’m sharing a list of my favorite things that made 2020 more bearable for me and kept me (mostly) sane.

2020 has taught me that I don’t need a lot of people or things to make me happy. In fact, it made me realize that I should focus my energy on the people who really matter, and the things I truly value and spark joy in my life. Here are a few of my favorite things.

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Entertainment, Technology

Online piracy a ‘global pandemic’, says industry group

Online piracy is almost a global pandemic of its own, according to the Asia Video Industry Association’s Coalition Against Piracy. Image credit: Julien Tromeur on Pixabay
Image credit: Julien Tromeur on Pixabay

Online piracy is a global concern — almost a pandemic of its own. This was emphasized by the Asia Video Industry Association’s Coalition Against Piracy (CAP) in the State of Piracy Summit held in November.

“Piracy used to be seen by many as just a ‘cost of doing business’ — a loss variable that had to be factored into P&L… However, with streaming piracy now a direct competitor to our industry, investing in anti-piracy measures should become the new ‘cost of doing business’. To address the challenges of syndicated piracy, collaboration remains key and working with local coalitions and partners such as Globe Telecom is as important as working collaboratively as part of an international network,” CAP General Manager Neil Gane said at the summit.

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Technology

Digital channels a ‘must-have’, says TransUnion PH head

TransUnion Philippines President and CEO Pia Arellano says consumers are getting more and more used to transacting on digital channels. Image credit: TransUnion Philippines
TransUnion Philippines President and CEO Pia Arellano says consumers are getting more and more used to transacting on digital channels. Image credit: TransUnion Philippines

As we prepare to say goodbye to 2020, we should expect the pandemic-driven growth of digital channels this year to continue in 2021.

“Digital transactions will definitely continue to become more widely used and even expected when it comes to spending. For all the challenges that the pandemic has brought about, it did push businesses into speeding up their adoption of digital channels to reach and interact with customers. Before the pandemic, these digital channels were primarily seen as a ‘nice-to-have’ option for lenders and businesses but today (and going beyond 2021), they are must-haves for any company to survive and capture their target market,” TransUnion Philippines President and CEO Pia Arellano told Digital Life Asia.

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Technology

Digital transformation is human-centric, says Boomi

Digital transformation is not just about technology, says Boomi Vice President for Asia Pacific and Japan Ajit Melarkode. Image credit: Boomi
Digital transformation is not just about technology, says Boomi Vice President for Asia Pacific and Japan Ajit Melarkode. Image credit: Boomi

Ecommerce is booming, with the COVID-19 pandemic forcing businesses to accelerate their digital transformation. Yet even as we embrace digital transformation, we must not forget to put humans first.

“Humans are more important in technology and to technology than ever before. I’m constantly reminded that the ‘servers’ in our IT industry originally meant someone or something that serves. COVID-19 has reminded us of our service obligations to ourselves, our families, our teams, our communities, and our business networks,” Boomi Vice President for Asia Pacific and Japan Ajit Melarkode told Digital Life Asia.

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Entertainment, Technology

MSI virtual concert to feature Wilabaliw’s Ian Tayao

MSI is hosting a free virtual concert headlined by Wilabaliw frontman Ian Tayao on Dec. 29 at 5 PM as a special treat to welcome 2021. Image credit: MSI
Image credit: MSI

MSI is hosting a free virtual concert headlined by Wilabaliw frontman Ian Tayao on Dec. 29 at 5 PM as a special treat to welcome 2021.

Following the recent launch of their newest business and productivity laptops, MSI Philippines is giving back to its customers with a night of fun, music, and exciting freebies at the MSI Virtual Yearend Concert Party that will be livestreamed via their Facebook page.

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A Life Less Analog, Technology

FLEXWORK: Why the future of work is employee-centric

Technology column header

Working from home isn’t for everyone. Some people love it. Some people don’t. But whether it’s due to resistance to change, fear of technology, or generational differences, those who hate working from home should not get in the way of those who love it. That’s why the future of work is FLEXWORK, with companies adopting employee-centric practices that emphasize flexibility and choice.

“The world that we’re moving forward to right now is one where companies are able to provide flexibility to their workers. I think in some instances, we’ve seen that people commute to work for an hour, an hour-and-a-half. Some people have an extremely long commute up and back each way. And some people feel that if they work from home, they would actually be more than happy to give that two hours each way back to the organization for time to work. Some people love the idea that they can be a little bit more flexible around their routine. Maybe they don’t start at 9 o’clock on the dot. They can do their shopping in the morning, but they’re actually managing their day accordingly,” said Sean Duca, Vice President and Regional Chief Security Officer, Asia Pacific and Japan of Palo Alto Networks.

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Technology

EasyWay: This is the way for in-store banking

Want to keep your bank visits short and sweet? This is the way. EastWest has introduced EasyWay to make in-store transactions faster. Image credit: EastWest
Image credit: EastWest

Want to keep your bank visits short and sweet? This is the way. EastWest has introduced EasyWay, a new channel that makes in-store transactions faster. Through this intuitive new channel, EastWest accountholders can now pre-process essential bank transactions they’d normally do in person such as cash and check deposits, cash withdrawals, check encashments, loan payments, fund transfers, and more via SMS, Viber, e-mail, or Facebook Messenger.

“We know that customers would like to complete their bank errands faster, especially in the name of safety during these times. This is why we’re glad to make banking easier for them with EasyWay,” said EastWest SVP & Head of Central Branch Operations Salvador R. Serrano in a press statement.

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