As data trails grow, we must protect our citizens from abuse of their data and ensure they are well informed on the use of their data. We must also beware of new trends. For instance, banks increasingly rely on Artificial Intelligence (AI) to make decisions on access to credit particularly for SMEs.
On behalf of the Bangko Sentral therefore, I congratulate the organizers of this program: FINEX, ING, the AIM-Gov. Jose B. Fernandez Jr. Centre for Banking & Finance, IAFEI, the CFA Society of the Philippines. Let us give them a big hand!