October 22nd, 2015 – Makati City, Manila, Philippines –Companies across Southeast and South Asia are taking advantage of the fast growing use of smartphones, social media and m-commerce to deliver advanced Mobile Finance & Commerce (MFC) services, such as loans, savings and insurance.
Mondato Summit Asia, organized in partnership with Globe Telecom & Mynt and held at the Makati Shangri-La in Manila on October 20th & 21st, explored the many issues surrounding the transition to MFC 2.0, characterized by the introduction of ever more complex, multi-layered MFC value propositions. The conference was a one-of-a-kind, senior-level thought leadership event that delivered indispensable knowledge, practical solutions, stimulating engagement, and invaluable contacts.
A key theme of the Summit was the best approaches for driving financial inclusion to provide the bottom of the pyramid (BoP) better access to financial services. John Rubio, President & CEO of Mynt, discussed how to leverage technology and partnerships to serve the underserved with digital financial services. Vice President of Mobile Financial Services at Amdocs, Justin Ho, highlighted the opportunity of economic inclusion as an engine for increased economic growth and participation, and provided use case examples and illustrations. Simplifying mobile money remittances, noted Eric Barbier, CEO of TransferTo, was also key to enabling enhanced financial opportunities for emerging markets.
The Mondato Summit series was created to offer clarity amid a chaotic and constantly changing industry. The Manila event hosted ~150 invitation-only speakers and attendees from over 75 the most innovative companies in the Emerging Asia’s MFC space, from local and regional banks and telcos to tech giants and startups. Through its two days of thought provoking sessions and intensive dialogue, Mondato Summit Asia defined factors that must be taken into consideration when designing and implementing successful MFC solutions in Emerging Asia.