In 2021, the BSP issued the Open Finance Framework providing the guidelines for enabling Open Finance in the Philippines and setting the standard across Southeast Asia. The regulatory framework is aligned with the Bangko Sentral ng Pilipinas’s (BSP’s) Digital Payments Transformation Roadmap 2020-2023, which aims to strengthen customer preference for digital payments and promote more innovative and responsive digital financial services.
Last week, the highly-anticipated BPD Digital Forum 2023 took place at the serene Anvaya Beach Resort in Bali. Hosted jointly by Brankas and Asbanda, this event brought together regional development banks from across Indonesia to explore the theme of “Maximizing Growth Through Ecosystems.”
Amidst the picturesque surroundings, the agenda featured engaging discussions on embedded finance, banking-as-a-service, alternative data, payments, and cybersecurity. Attendees were treated to informative keynote presentations and thought-provoking panel discussions led by Brankas experts, including General Manager Husni Fuad, Group Product Managers Eri Marina Yo and Stavin Deeswe, and Chief Operating Officer Mike Dickinson.
We were thrilled to have the support of TrustDecision and Yokke as sponsors, who provided valuable insights into KYC and payment processes tailored for the BPD community. Participants found ample networking opportunities during a delightful lunch at Kumyit Restaurant and an equally exciting afternoon filled with informative sessions.
As the sun set, we continued the camaraderie and dialogue over dinner at the vibrant Hard Rock Cafe Kuta, where participants bonded further through shared interests in exploring growth opportunities.
With the BPD Digital Forum 2023, we took a significant step forward in driving digital transformation through banking-as-a-service and fostering innovation in financial solutions for customers. The event has set the stage for even more collaboration and progress in Indonesia’s financial landscape.
We extend our heartfelt appreciation to all participants, sponsors, and partners for making this event a resounding success. Stay tuned for updates as we continue our journey towards a stronger, inclusive financial ecosystem for all. Together, we are empowering financial services for growth and making a lasting impact on Indonesia’s financial landscape.