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Bringing Innovation to Banking: A Journey Through Tech Fusion 2023

Bringing Innovation to Banking: A Journey Through Tech Fusion 2023

Bringing Innovation to Banking: A Journey Through Tech Fusion 2023 1300 972 Exist Software Labs

Makati City, Philippines – In a dynamic fusion of technology and banking, Tech Fusion 2023 ignited sparks of innovation and ushered in a new era of financial technology last September 21, 2023. Hosted at the Microsoft Philippines Office in Makati, this exclusive event brought together prominent figures from the banking industry, top executives, and decision-makers to explore the transformative power of DevOps, Cloud Migration, and API Management. In collaboration with Crayon and Microsoft, Exist Software Labs, Inc. unveiled a world of possibilities for the BFSI (Banking, Financial Services, and Insurance) sector.

Charting a New Course

Tech Fusion 2023 was not just an event; it was a voyage into the heart of digitalization in banking. The journey explored three main areas:

  1. DevOps Dynamics: Time-to-Market Accelerations with Confidence

The first leg of the journey examined how DevOps practices can dramatically accelerate time-to-market for banking solutions while instilling confidence in the process. Attendees learned strategies to balance speed and quality, ensuring robust software delivery.

  1. New-Age Competition: Modern Infrastructure and Cloud-Native Architecture

In the second phase, the discussion revolved around modernizing infrastructure and embracing cloud-native architecture. Experts elaborated on the pivotal role of microservices, containerization, and serverless computing in building scalable and resilient banking applications.

  1. API Quest: Navigating the Infinite Possibilities of Banking Innovation

The final stretch explored the infinite possibilities of banking innovation through API Management. Attendees gained insights into how API technology simplifies banking transactions and integrates diverse applications into a unified platform, fostering financial inclusion and transparency.

Exist Awarded as Crayon’s Partner for Banking Solutions in the Tech Fusion 

The event commenced with a warm welcome from Willex Perez, Exist’s Co-founder & VP of Sales & Marketing. He expressed his enthusiasm for collaborating to enhance efficiency and satisfaction in banking through digitalization.

The highlight of the day was the official launch of Exist’s Digital Banking Solutions, known as the Exist Banking and Financial Services (EBFS) Business Unit. Jemelyn Ambrosio, BFS Business Unit Head, unveiled the digital banking roadmap, which depicted the evolution from traditional to digitally mature banks.

Following the presentation, Crayon Philippines recognized Exist Software Labs, Inc. as their primary partner in Banking Solutions in the Philippines. Carlos Sevilla, Crayon Philippines’ Channel Sales Director, presented this recognition to Exist.

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Panel Discussion

The heart of Tech Fusion 2023 beat within the panel discussions. Seasoned experts from diverse backgrounds shared their experiences and insights:

  • Randy Cabredo – Solutions Area Specialist for Azure, Microsoft
  • Chester Guerrero – Head of Production Security, Maya Philippines
  • Carlos Sevilla – Channel Sales Director, Crayon
  • Jonas Lim – Vice President of Technology, Exist Software Labs
  • Dennis De Vera – Director of Technical Services, Exist Software Labs

These panelists wove together their experiences and domain expertise to create a rich tapestry of knowledge. They delved into innovations and real-world implementations, answering participant questions and unraveling the intricate world of digitalization. The Tech Fusion event illuminated the path to a future-ready digital banking landscape through DevOps, Cloud Migration, and API Management.

While enjoying lunch, attendees seized the opportunity to network with technology experts and engage in enlightening conversations with fellow banking leaders. It was a moment to connect, share ideas, and envision a digitally transformed future for the BFSI sector.

Crayon’s Digital Transformation Insights

After the lunch break, Crayon’s Business Development Manager, Gab Villanueva, took the stage to share valuable insights on digital transformation. This added yet another layer of knowledge to the event, further enriching the participants’ understanding of how technology can drive financial institutions forward.

A Fusion of Knowledge, Innovation, and Fun

Tech Fusion 2023 was not just an event; it was an experience filled with knowledge, insights, fun, and new technologies. Banks across the Philippines can now leverage the wisdom shared during this event to embark on their own journeys of digital transformation, ultimately benefiting their customers and securing a competitive edge in the rapidly evolving BFSI landscape.

As the sun set on Tech Fusion 2023, the banking industry in the Philippines looked forward to a future illuminated by innovation, collaboration, and the limitless potential of technology.

Tech Fusion 2023: Shaping the Future of Banking, One Innovation at a Time

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Bringing Innovation to Banking: A Journey Through Tech Fusion 2023

Accelerating Banking Digitalization: Insights and Innovations from the Humanized Banking CIO Roundtable 2023

Accelerating Banking Digitalization: Insights and Innovations from the Humanized Banking CIO Roundtable 2023 1300 972 Exist Software Labs

On June 22, 2023, banking leaders, technology experts, and decision-makers converged at the Grand Hyatt, BGC for a momentous event — CIO Roundtable Humanized Banking: Building Brand Loyalty Through Security and Seamless Banking. This exclusive gathering aimed to drive humanized experience of digitalization in the banking industry. Throughout the event, industry experts, including Exist Software Labs, Inc., shared their insights and experiences, emphasizing the role of innovative technologies like AI, YugabyteDB, and embedded finance in delivering exceptional customer experiences.

Kick-off and Welcome Remarks:

Jonas Lim, the Vice President for Engineering of Exist, set the stage for the roundtable with his thought-provoking welcome remarks. He delved into the significance of digitalization in the banking sector, highlighting the potential for technological advancements to revolutionize customer experiences and drive operational efficiency.

Jonas Lim speaking about humanized banking roundtable

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Engaging Insights and Use Cases from Top Banks:

Representatives from leading banks in the Philippines took the stage, sharing their experiences, challenges, and success stories in adopting digital banking solutions. With a focus on security, infrastructure, AI, automation, and seamless customer experiences, these industry leaders highlighted the vital role that technology experts like Exist  play in enabling transformation.

Sessions and Concluding Insights:

The roundtable comprised four insightful sessions, each shedding light on different aspects of humanized banking. In each session, Exist Technology Directors Jejomar Dimayuga and Dennis De Vera and YugabyteDB Head of Sales, Dennis Sze, together with Jonas Lim, provided comprehensive summaries and key takeaways.

One session that stood out was Session 3, which revolved around enabling borderless digital customer engagements through data compliance. YugabyteDB, an open-source database, took center stage during this session, showcasing its capabilities in ensuring robust and scalable infrastructure to support seamless customer experiences and scalable databases. Dennis Sze’s expert explanations and insights further enriched the discussion.

The CIO Roundtable witnessed a distinguished gathering of banking leaders, with representatives from renowned institutions such as:

  1. Robinsons Bank
  2. PBCOM
  3. CTBC
  4. Philippine National Bank
  5. BPI
  6. Maya Philippines, Inc.
  7. Standard Chartered Bank
  8. UnionBank of the Philippines
  9. CIMB Bank Philippines
  10. FWD Philippines
  11. Eastwest Bank
  12. Metrobank
  13. DICT
Top PH Bank Leaders attended the Exist Software Labs CIO Roundtable

Looking Ahead:

The Humanized Banking CIO Roundtable served as a catalyst for accelerating digital transformation within the banking industry. By embracing cutting-edge technologies like embedded finance, AI, database modernization and many more digital banking solutions from Exist and Yugabyte, banks can become well-positioned to deliver personalized experiences, enhance security measures, and drive rational efficiency.

Exist Software Labs, Inc., as a leading digital banking solutions provider, remains committed to enabling the industry’s evolution towards humanized banking. Through its expertise in Mobile Internet Banking, Accounts Onboarding, Loans Management System, APIM, and Corporate Internet Banking, Exist empowers banks to navigate the ever-changing landscape while fostering long-term customer loyalty and satisfaction.

As the event concluded, the participants left with valuable insights and a renewed commitment to harnessing technology to deliver exceptional banking experiences. The Humanized Banking CIO Roundtable marked a significant milestone in the journey towards secure, seamless, and customer-centric banking, and the collaborative efforts of all involved promise a brighter future for the industry.

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Exist Partners with Jumio to Secure Onboarding and Avoid Financial Fraud in the Philippines, Philippines

Exist Partners with Jumio to Secure Onboarding and Avoid Financial Fraud in the Philippines

Exist Partners with Jumio to Secure Onboarding and Avoid Financial Fraud in the Philippines 1300 972 Exist Software Labs

In today’s digital age, financial institutions are increasingly moving their services online. However, with this comes the risk of fraud and identity theft, which can have severe consequences for both the financial institution and the consumer. This is where eKYC, fraud prevention, and identity verification come into play.

The Partnership Between Exist Software Labs, Inc. and Jumio

Exist Software Labs, Inc., a leading Java developer in the Philippines, and Jumio, a leading provider of end-to-end identity proofing, risk assessment and compliance solutions, have partnered to create a secure and automated online onboarding process for bank consumers in the Philippines. This partnership will allow financial institutions in the Philippines to offer a streamlined and secure onboarding experience for their customers.

“We are thrilled to partner with Exist Software to provide a complete biometric identity verification solution that helps financial institutions in the Philippines create a seamless, secure and innovative onboarding experience.” said Frederic Ho, Jumio VP of APAC.

Jumio’s solutions use artificial intelligence, machine learning and biometrics to verify the identity of individuals quickly and accurately. This will help financial institutions in the Philippines to comply with Know Your Customer (KYC) regulations and prevent fraud. Exist Software Labs will provide consultancy and cutting-edge products and services to support the integration of Jumio’s solutions into existing banking systems.

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How This Partnership Will Benefit Filipinos?

This partnership will benefit Filipinos by providing them with a more convenient and secure way to open and manage their bank accounts online. Since the pandemic, more and more people are turning to online banking services. This partnership will provide a way for Filipinos to access these services without compromising their personal information.

The automated onboarding process will also reduce the time it takes for customers to open a new account, making it more convenient for them. This will help increase financial inclusion in the Philippines, where many people still do not have access to traditional banking services.

“In Exist, we often use the tagline “There’s always a better way”. It’s specially exemplified by our partnership with Jumio.  Jumio’s technology solutions in the identity verification space together with Exist’s technology solution allow us to provide our BFS clients with a better and seamless onboarding experience that is both secure and innovative. We are excited and look forward to expanding this partnership further seeing how their technology can truly benefit the onboarding experience of the Philippine’s financial institutions.” said Jonas Lim, Exist VP of Engineering

Finally, this partnership will help prevent financial fraud, which is a significant problem in the Philippines. By implementing robust identity verification and fraud prevention measures, financial institutions can protect their customers from identity theft and other forms of fraud.

In conclusion, the partnership between Exist Software Labs and Jumio is an exciting development for the Philippines’ banking industry. By providing secure and automated onboarding processes, financial institutions can offer their customers a more convenient and secure way to access banking services online. This will help increase financial inclusion and prevent financial fraud, making it a win-win situation for everyone involved.

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