Cloud, AI expected to amplify fintech growth for 2021
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The coronavirus pandemic introduced a whole new era that challenged how several industries adapt to a more digitized model from manufacturing all the way to banking. This rapid transition has seeped its way across several age groups, regardless of previous behavior, and forced technological adoption.
Whether its online classes, remote working setups, or even bills payment, technologies backed by the cloud and artificial intelligence (AI) propagated a more inclusive and empowering economy. In the Philippines, the same can also be said with financial technology.
During the recently concluded Philippine leg of the World Fintech Festival organized by GeiserMaclang Marketing Communications and co-presented by Globe Telecom, Huawei announced a virtual road map that revolves around its partnerships with local businesses especially in the fintech industry.