Bigtechs providing payment and financial services are clearly part of our financial ecosystem. We must work on the necessary technological and regulatory conditions to avoid regulatory arbitrage. It must be clarified that a level-playing field is not against innovation.
Henry Ford once said: “If everyone is moving forward, then success takes care of itself.” Ladies and gentlemen. Today, therefore, let us commit to work more closely together and act in solidarity to be a single force and to move forward as one so that we can achieve the change we need, sooner rather than later. Maraming salamat sa inyong lahat! Mabuhay ang Pilipinas!