GoodTech joins the Open Finance Revolution: A recap

Metro Manila, July 5, 2023 – GoodTech was a proud sponsor of the Open Finance Revolution event on July 5 at Shangri–La The Fort, Manila. Organized by the Fintech Philippines Association , the event gathered more than 150 leaders from digital finance, banking, and fintech to discuss the Philippines’ crucial role in boosting financial inclusion and nurturing an open data economy through open finance.

GoodTech's presence underscored its dedication to this transformative mission, reinforcing its position in positively shaping lives by offering financial stability and empowerment.? Jove Tapiador , Cofounder of GoodTech, took part as a panelist in a discussion on "Unlocking Banking–as–a–Service in Practice," alongside Pallav Malik from Temenos and Teddy Theanne from GVX Consulting. Moderated by Maria Gaitanidou formerly of Coins.PH, the panel delved into the opportunities and challenges of expanding digital financial services to the underbanked, especially outside Metro Manila. It explored practices in utilizing alternative data, thin data sets, and analytics provided by fintechs to better deliver financial products.

The event also covered diverse topics including embedded finance, e–commerce, and payments. In this era of digital finance, the event provided a unique opportunity for attendees to gain insights into cutting–edge advancements and build valuable connections in the industry.

About GoodTech: Founded in 2019 and recognized by the Bangko Sentral ng Pilipinas as an Operator of Payment System, GoodTech focuses on promoting financial inclusion for hardworking families. Through strategic collaborations with local financial institutions and technology industry leaders, GoodTech offers financial services to all through GoodBank, a mobile–first, cloud–native neobanking platform that features customer acquisition, financial scoring, and transaction systems. GoodBank is a product of the Rural Bank of Silay City, with over 60–years of banking heritage that aims to use technology to empower Filipinos.

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