RCBC Executive Vice President and Chief Innovation and Inclusion Officer and FinTech Alliance Founding Chairman Lito Villanueva participated in the 10th anniversary of London Tech Week, a global event showcasing the transformative power of technology. As part of the occasion, Villanueva joined esteemed industry leaders and government officials at the market closing of the London Stock Exchange, highlighting the growing significance of the fintech sector in the international arena.
London Tech Week serves as a platform for the brightest minds and emerging talents to engage in dialogues centered around innovation, diversity, and transformation. During the event, Villanueva expressed his enthusiasm for participating in these discussions. “I am thrilled to be part of London Tech Week, where we have the opportunity to connect, learn, and contribute to the ever-evolving tech landscape. Connecting to experts from all parts of the globe represents teeming opportunities not only for cross-border collaboration but unparalleled accelerated growth for the Philippine Fintech landscape. Filipinos have more spaces to determine the mold of the digital future.” Villanueva is representing both RCBC and Fintech Alliance in the said event.
RCBC is one of the country’s fastest-growing banks, and the most awarded for its banking innovations. It is now the Philippines’ 5th largest privately-owned universal bank that breached the P1-Trillion asset mark by the end of June 2022 despite the COVID-19 pandemic. RCBC’s continuing digital and business transformation further enhanced its value and reach. Among its global and local recognitions include a three-peat award as the Philippines’ Best Bank for Digital by Asiamoney, back-to-back wins for Best Financial Inclusion App by The Asian Banker’s Financial Technology Innovations Awards, and the YouTube challenger award for its viral and out-of-the-box digital ad campaigns generating combined views of over 17 million. Just recently, RCBC was also hailed as Grand Champion for Digital Payments and Financial Inclusion by the Bankers Institute of the Philippines.
FinTech Alliance.PH, the Philippines’ first and largest digital and fintech association, is composed of startups and unicorns that account for over 95 percent of digital-initiated transactions volume in the country with close to 100 corporate members. It recently launched a multistakeholder national cybersecurity awareness and education campaign tagged #WagMagpalokoMagingScamAlerto, aimed at educating millions of Filipino smartphone and online users against phishing scams. The industry-led multi stakeholder national consumer cybersecurity campaign is being led by the FinTech Alliance in partnership with the Bangko Sentral ng Pilipinas, National Bureau of Investigation, Philippine National Police, Anti-Money Laundering Council, Securities and Exchange Commission, Insurance Commission, National Privacy Commission, National Telecommunications Commission, Department of Trade and Industry, telecommunications companies, consumer groups, and media groups.
“Inspired action stems from insightful conversations and meaningful collaborations, which this momentous week has fruitfully proven. Fintech can only grow exponentially when we all come together for one collective goal – fortifying a promising frontier of opportunities for financial technology to flourish globally. As long as this momentum is hinged on continued partnerships and innovation among industry players, we are set for success,” Villanueva said.
