Pennant Technologies and Fintech Alliance.PH host ‘Lending Reimagined’ Event

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The event showcased the transformative role AI, Data and FIntechs are playing in the Banking and Financial Services Industry in Philippines

Manila, Philippines; August 06, 2024Pennant Technologies, an agile and innovative financial technology company, and Fintech Alliance.PH, Philippines’ premier and largest industry association of startups and unicorns, jointly hosted a half day event themed “Lending Reimagined” on 26th July 2024, focusing on the evolving impact of AI, Data and Fintechs on the Banking and Financial Services Industry, specifically the lending industry.  The event brought together industry leaders, technology experts, and decision-makers from Philippines’ banking and financial sector to explore the transformative potential of emerging technologies and new age business models in the lending sector.

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The lending industry in Philippines is seeing a disruptive shift in the way financial institutions are engaging with and delivering customised services to their customers, said Lito Villanueva, Founding Chairman, FinTech Alliance.PH. Fintech Alliance is committed to providing banks, financial institutions and fintechs the right opportunities to understand the interplay of various forces and capitalise on emerging opportunities

We are delighted to partner with Fintech Alliance.PH to host this event, said Rama Krishna Raju, Director and CEO, Pennant Technologies. The event provided a great platform for all of us to listen to the diverse views and perspectives of industry leaders and technology experts on how the lending industry is getting reimagined in an unprecedent manner – for financial institutions to unlock value from their lending operations.

Through sharing insights on trends and specific use cases, presenting customer stories, and showcasing cutting-edge solutions, the event enabled meaningful conversations and engagement among the ecosystem players to explore new possibilities, opportunities and business values.

Event Highlights

  • Keynote Address: Lito Villanueva, Founding Chairman, Fintech Alliance.PH, delivered an insightful keynote session highlighting the critical role of AI, Data and Fintechs are playing in enhancing operational efficiency, improving customer experience, and driving innovation in the lending industry in Philippines
  • Panel Sessions: Industry leaders from various banks, financial institutions, fintechs and technology companies engaged in insightful panel discussions on topics such as customer-centric AI solutions, role of Data, need for modernising core systems, the Platform model in the Open Banking Era, etc. These discussions provided valuable perspectives on use cases, overcoming challenges and seizing opportunities in the rapidly evolving banking ecosystem.
  • Other Sessions: Some of the other sessions covering customer stories, next-generation lending systems, etc. during the event provided the audience insights, best practices and an understanding on new possibilities and proven strategies to implement in their own organisations.

Pennant Technologies, through its future-ready lending solutions, has been helping banks and financial institutions automate their end-to-end lending processes, launch innovative loan products, improve operational agility and drive growth. In addition, its upcoming next-generation lending platform with low code, no code and pro code with GenAI capabilities will put the power of the lending technology in the hands of customers including banks and financial institutions. The new solution, to be launched, will empower financial institutions to customise and manage their lending system and processes, on their own without support from the vendor, thereby driving cost savings and delivering faster time-to-market advantages.

For more information on Pennant’s future-ready Lending Solutions, please visit: https://www.pennanttech.com/lending-factory/

About Fintech Alliance.PH

Fintech Alliance.PH is the Philippines’ premier and largest industry association of startups and unicorns responsible for over 95 percent of digital-initiated retail financial transactions volume in the country.

About Pennant Technologies

Pennant Technologies is an agile, innovative financial technology company that powers the lending operations of global banks and financial institutions. Its suite of future ready lending products and solutions offer banks composable features and scalable capabilities to deliver differentiated loan origination, servicing and collections experiences for their customers. Trusted by leading banks and financial institutions in Asia, Pennant’s award-winning lending platform has managed more than 14 Million loans and facilitates 100 Million loan transactions per year.

To know more, visit: https://www.pennanttech.com/

Media Contact

Shrinivas K Rao
Pennant Technologies Pvt. Ltd.
Shrinivas.k@pennanttech.com