Tired of data breaches and worried about identity theft? <a href="https://unawa.asia/products/signsecure">SignSecureᵀᴹ</a>, UNAWA's leading e-signature platform, now offers a powerful new tool to combat these threats: facial recognition. This innovative feature goes beyond traditional e-signatures, adding a secure and convenient layer of biometric authentication.

With SignSecureᵀᴹ's facial recognition, you can ensure your critical documents and information are protected by the latest technology while streamlining your digital transactions. Let's explore how this groundbreaking feature empowers you to elevate your security and transform your online interactions.

Traditional security measures like passwords and PINs are constantly under threat. They can be forgotten, stolen, or even guessed through hacking attempts. Biometric security offers a powerful alternative by leveraging your unique physical or behavioral characteristics for identification and verification. This makes it significantly harder to forge or steal an identity.

<a href="https://www.techtarget.com/searchenterpriseai/definition/facial-recognition">Facial recognition</a>, a popular form of biometrics, analyzes your facial features to create a digital signature. Think of it like a fingerprint for your face. This technology is rapidly gaining traction across industries because it's:

More Secure: Facial features are complex and difficult to replicate, making them a reliable way to verify someone's identity.

Convenient: No need to remember passwords or carry extra tokens. Simply show your face for quick and easy access.

Faster: Facial recognition verification happens in seconds, streamlining the user experience.

From smartphones to secure building access, facial recognition is transforming how we interact with technology securely. It offers a powerful defense against unauthorized access and improves user experience. As technology matures, its role in safeguarding our digital lives will become even more crucial.

We saw how facial recognition offers a more secure and convenient way to verify your identity. Now, SignSecureᵀᴹ integrates this powerful technology into its e-signature platform, taking digital document security to a new level.

This integration strengthens SignSecureᵀᴹ's security in two key ways:

Prevents Identity Theft: Facial recognition verifies a user's identity by comparing their live face to a stored profile. This significantly reduces the risk of someone impersonating a legitimate user and accessing or signing documents fraudulently.

Protects Sensitive Information: By ensuring only authorized users can access and sign documents, SignSecure safeguards your sensitive information and keeps your transactions secure.

But security isn't the only benefit. SignSecureᵀᴹ's facial recognition is designed with user experience in mind:

Simple Enrollment: Setting up facial recognition is a one-time process. Simply capture your facial features to create a secure biometric profile.

Effortless Verification: No more remembering complex passwords! With a quick glance, you can verify your identity and access documents for signing.

Faster Transactions: Facial recognition verification happens in seconds, saving time and streamlining document signing.

This frictionless experience lets you focus on what matters most – signing your documents quickly and securely. SignSecureᵀᴹ's facial recognition is a game-changer for businesses and individuals prioritizing security and convenience in their digital transactions.

How SignSecureᵀᴹ's Facial Recognition Makes a Difference

We discussed how SignSecureᵀᴹ's facial recognition simplifies and secures document signing. But its benefits extend far beyond convenience. Let's explore how this innovative feature is transforming real-world applications across various industries:

Stronger Contracts: Facial recognition ensures that only authorized individuals sign contracts. This is crucial in legal, financial, and government sectors where contract validity hinges on signatory authenticity. Imagine a high-value contract signing. Facial recognition instantly verifies each party, preventing fraud and strengthening the contract's legal weight.

Verified Legal Documents: In legal proceedings, verifying document signatories is essential. SignSecureᵀᴹ's facial recognition provides an undeniable layer of verification, reducing the risk of identity fraud and ensuring compliance with regulations.

Enhanced Data Security: For healthcare and banking, protecting sensitive information is paramount. Facial recognition safeguards access to documents, ensuring only authorized personnel can interact with them. This significantly reduces the risk of data breaches and bolsters data privacy.

RELATED: <a href="https://www.unawa.asia/blog/legal-technology-document-security-10/legally-binding-contracts-11">Everything You Need to Know About Legally Binding Contracts</a>

Imagine this: A law firm using SignSecure with facial recognition. They can:

Speed Up Signings: Documents can be verified and signed faster, eliminating delays.

Reduce Fraud Risk: Facial recognition prevents unauthorized access, protecting sensitive information.

Build Client Trust: Clients gain peace of mind knowing their data is secure.

SignSecureᵀᴹ with facial recognition isn't just about convenience; it's about transforming businesses' operations. It empowers users with a secure, efficient, and reliable way to manage documents, paving the way for a more secure and trustworthy digital document landscape.

Getting Started with Facial Recognition in SignSecureᵀᴹ

SignSecureᵀᴹ’s facial recognition technology, developed and proprietary to UNAWA, is exceptionally user-friendly and integrates seamlessly with your existing workflow. This advanced technology ensures a smooth and efficient process, enhancing your operations without disruption. Here's a step-by-step guide to enable it and maximize its benefits:

Enable Facial Recognition:&nbsp; Log in to your SignSecureᵀᴹ account and navigate your settings. Look for the facial recognition section and follow the on-screen prompts to enable the feature. You'll likely need to verify your identity through an existing method (e.g., password) before the system securely captures your facial data.

Experience the Benefits:&nbsp; Once activated, facial recognition adds an extra layer of security whenever you sign documents or access sensitive information within SignSecure. When prompted, look at your webcam for a quick verification process to ensure you are performing the action.

Communicate Clearly:&nbsp; Communicate the benefits and process of facial recognition to your team. Organize training sessions to ensure everyone understands how to use the feature effectively and appreciates its advantages in securing document management processes.

Establish Guidelines:&nbsp; Develop clear guidelines on when and how facial recognition should be used within your organization. Align its use with your security policies, ensuring consistency and responsible data practices.

Data Security: Reassure your team by emphasizing SignSecureᵀᴹ's commitment to data security. Facial recognition data is encrypted and stored securely, accessible only for authentication purposes, and never shared with third parties.

User Transparency: Be transparent about how user data is used and protected. Obtain explicit consent before collecting biometric information from your team members.

Address Concerns: Proactively address potential privacy concerns. Highlight data encryption and strict access controls in place to safeguard user information. Additionally, consider offering opt-out options or alternative verification methods for those less comfortable with facial recognition.

By following these steps and focusing on security, privacy, and user education, you can effectively integrate facial recognition into your SignSecureᵀᴹ workflow. This enhances the security of your document management and positions your organization at the forefront of technological innovation.

SignSecureᵀᴹ's facial recognition isn't just a security upgrade; it's a leap forward in digital trust. UNAWA's commitment to innovation shines through in this powerful feature, offering unparalleled protection and unmatched convenience.

With facial recognition in SignSecureᵀᴹ, you'll experience unbreakable security. Biometric verification ensures that only authorized users access and sign your documents, minimizing the risk of fraud. Gone are the days of struggling with passwords or tokens. A quick glance verifies your identity, streamlining document signing processes for a frictionless workflow.

Ultimately, SignSecureᵀᴹ's facial recognition empowers you with peace of mind, knowing your sensitive information is shielded by cutting-edge biometric technology.

Ready to elevate your document security and embrace the future of digital trust? <a href="https://signsecure.io/signup">Explore SignSecureᵀᴹ's facial recognition feature today</a>!

Tired of data breaches and worried about identity theft? <a href="https://unawa.asia/products/signsecure">SignSecureᵀᴹ</a>, UNAWA's leading e-signature platform, now offers a powerful new tool to combat these threats: facial recognition. This innovative feature goes beyond traditional e-signatures, adding a secure and convenient layer of biometric authentication.With SignSecureᵀᴹ's facial recognition, you can ensure your critical documents and information are protected by the latest technology while streamlining your digital transactions. Let's explore how this groundbreaking feature empowers you to elevate your security and transform your online interactions.<h2>The Rise of Biometric Security</h2><img style="width: 100%;" src="https://imagedelivery.net/H6_s_Eb_ylTWnSEV3HlmYQ/14391deb-e3ee-4a23-f72d-2429d91cc000/public" alt="Image" />Traditional security measures like passwords and PINs are constantly under threat. They can be forgotten, stolen, or even guessed through hacking attempts. Biometric security offers a powerful alternative by leveraging your unique physical or behavioral characteristics for identification and verification. This makes it significantly harder to forge or steal an identity.<a href="https://www.techtarget.com/searchenterpriseai/definition/facial-recognition">Facial recognition</a>, a popular form of biometrics, analyzes your facial features to create a digital signature. Think of it like a fingerprint for your face. This technology is rapidly gaining traction across industries because it's:More Secure: Facial features are complex and difficult to replicate, making them a reliable way to verify someone's identity.Convenient: No need to remember passwords or carry extra tokens. Simply show your face for quick and easy access.Faster: Facial recognition verification happens in seconds, streamlining the user experience.From smartphones to secure building access, facial recognition is transforming how we interact with technology securely. It offers a powerful defense against unauthorized access and improves user experience. As technology matures, its role in safeguarding our digital lives will become even more crucial.<h2>Facial Recognition in SignSecureᵀᴹ</h2><img style="width: 100%;" src="https://imagedelivery.net/H6_s_Eb_ylTWnSEV3HlmYQ/ee0ff5d0-0aa2-49df-3f22-6f7366c80a00/public" alt="Image" />We saw how facial recognition offers a more secure and convenient way to verify your identity. Now, SignSecureᵀᴹ integrates this powerful technology into its e-signature platform, taking digital document security to a new level.This integration strengthens SignSecureᵀᴹ's security in two key ways:Prevents Identity Theft: Facial recognition verifies a user's identity by comparing their live face to a stored profile. This significantly reduces the risk of someone impersonating a legitimate user and accessing or signing documents fraudulently.Protects Sensitive Information: By ensuring only authorized users can access and sign documents, SignSecure safeguards your sensitive information and keeps your transactions secure.But security isn't the only benefit. SignSecureᵀᴹ's facial recognition is designed with user experience in mind:Simple Enrollment: Setting up facial recognition is a one-time process. Simply capture your facial features to create a secure biometric profile.Effortless Verification: No more remembering complex passwords! With a quick glance, you can verify your identity and access documents for signing.Faster Transactions: Facial recognition verification happens in seconds, saving time and streamlining document signing.This frictionless experience lets you focus on what matters most – signing your documents quickly and securely. SignSecureᵀᴹ's facial recognition is a game-changer for businesses and individuals prioritizing security and convenience in their digital transactions.<h2>How SignSecureᵀᴹ's Facial Recognition Makes a Difference</h2>We discussed how SignSecureᵀᴹ's facial recognition simplifies and secures document signing. But its benefits extend far beyond convenience. Let's explore how this innovative feature is transforming real-world applications across various industries:Stronger Contracts: Facial recognition ensures that only authorized individuals sign contracts. This is crucial in legal, financial, and government sectors where contract validity hinges on signatory authenticity. Imagine a high-value contract signing. Facial recognition instantly verifies each party, preventing fraud and strengthening the contract's legal weight.Verified Legal Documents: In legal proceedings, verifying document signatories is essential. SignSecureᵀᴹ's facial recognition provides an undeniable layer of verification, reducing the risk of identity fraud and ensuring compliance with regulations.Enhanced Data Security: For healthcare and banking, protecting sensitive information is paramount. Facial recognition safeguards access to documents, ensuring only authorized personnel can interact with them. This significantly reduces the risk of data breaches and bolsters data privacy.<h2>RELATED: <a href="https://www.unawa.asia/blog/legal-technology-document-security-10/legally-binding-contracts-11">Everything You Need to Know About Legally Binding Contracts</a></h2>Imagine this: A law firm using SignSecure with facial recognition. They can:Speed Up Signings: Documents can be verified and signed faster, eliminating delays.Reduce Fraud Risk: Facial recognition prevents unauthorized access, protecting sensitive information.Build Client Trust: Clients gain peace of mind knowing their data is secure.SignSecureᵀᴹ with facial recognition isn't just about convenience; it's about transforming businesses' operations. It empowers users with a secure, efficient, and reliable way to manage documents, paving the way for a more secure and trustworthy digital document landscape.<h2>Getting Started with Facial Recognition in SignSecureᵀᴹ</h2>SignSecureᵀᴹ’s facial recognition technology, developed and proprietary to UNAWA, is exceptionally user-friendly and integrates seamlessly with your existing workflow. This advanced technology ensures a smooth and efficient process, enhancing your operations without disruption. Here's a step-by-step guide to enable it and maximize its benefits:For Individual Users:Enable Facial Recognition:&nbsp; Log in to your SignSecureᵀᴹ account and navigate your settings. Look for the facial recognition section and follow the on-screen prompts to enable the feature. You'll likely need to verify your identity through an existing method (e.g., password) before the system securely captures your facial data.Experience the Benefits:&nbsp; Once activated, facial recognition adds an extra layer of security whenever you sign documents or access sensitive information within SignSecure. When prompted, look at your webcam for a quick verification process to ensure you are performing the action.<img style="width: 100%;" src="https://imagedelivery.net/H6_s_Eb_ylTWnSEV3HlmYQ/34303bc2-ac5b-4de0-6fb2-b63743308100/public" alt="Image" />For Organizations:Communicate Clearly:&nbsp; Communicate the benefits and process of facial recognition to your team. Organize training sessions to ensure everyone understands how to use the feature effectively and appreciates its advantages in securing document management processes.Establish Guidelines:&nbsp; Develop clear guidelines on when and how facial recognition should be used within your organization. Align its use with your security policies, ensuring consistency and responsible data practices.Prioritize Privacy:Data Security: Reassure your team by emphasizing SignSecureᵀᴹ's commitment to data security. Facial recognition data is encrypted and stored securely, accessible only for authentication purposes, and never shared with third parties.User Transparency: Be transparent about how user data is used and protected. Obtain explicit consent before collecting biometric information from your team members.Address Concerns: Proactively address potential privacy concerns. Highlight data encryption and strict access controls in place to safeguard user information. Additionally, consider offering opt-out options or alternative verification methods for those less comfortable with facial recognition.By following these steps and focusing on security, privacy, and user education, you can effectively integrate facial recognition into your SignSecureᵀᴹ workflow. This enhances the security of your document management and positions your organization at the forefront of technological innovation.<h2>The Future of Security Is Here</h2>SignSecureᵀᴹ's facial recognition isn't just a security upgrade; it's a leap forward in digital trust. UNAWA's commitment to innovation shines through in this powerful feature, offering unparalleled protection and unmatched convenience.With facial recognition in SignSecureᵀᴹ, you'll experience unbreakable security. Biometric verification ensures that only authorized users access and sign your documents, minimizing the risk of fraud. Gone are the days of struggling with passwords or tokens. A quick glance verifies your identity, streamlining document signing processes for a frictionless workflow.Ultimately, SignSecureᵀᴹ's facial recognition empowers you with peace of mind, knowing your sensitive information is shielded by cutting-edge biometric technology.Ready to elevate your document security and embrace the future of digital trust? <a href="https://signsecure.io/signup">Explore SignSecureᵀᴹ's facial recognition feature today</a>!

Politics / Government / Local government

Security

Local companies

Startups

SMEs

Is Your Signature Safe? SignSecure's Facial Recognition Reimagines Document Security

Kuala Lumpur, 30th May 2024 - Magnet Security &amp; Automation Sdn. Bhd. (MAG or the Company), the number one barrier gate brand in Malaysia, is embarking on a strategic regional expansion to bring its innovative security solutions to regional markets. Recently certified by the Malaysia Book of Records for selling the most barrier gates in a year, MAG is poised to extend its footprint across Southeast Asia, particularly targeting Vietnam, Philippines, and Indonesia, where it already enjoys a presence through exports.

“We are energised by the growth of MAG and recognise the ripe opportunities in these selected markets. Our recent introduction of Medialess Solution in the Philippines received exceptional feedback, motivating us to further penetrate the markets in Vietnam and Indonesia,” stated Mr. Jimmy Low, Chief Executive Officer of MAG.

With exports spanning 13 countries and a network of over 1500 dealers, MAG has already made significant strides in the regional market. Notable projects include prominent&nbsp; residential and commercial entities owned by AyalaLand in the Philippines and Transjakarta bus terminals in Indonesia.

Export sales currently account for 5% of MAG’s revenue, a figure expected to double to 10% by the year’s end. This growth trajectory is supported by the favourable Malaysian Ringgit exchange rate and MAG’s proactive engagement with local dealers in the respective markets.

“As pioneers in the industry, we are well-positioned to deliver Medialess Solutions as a specialised building security provider. Our Malaysian heritage ensures high-quality hardware and software access control systems, backed by robust aftersales support,” remarked Mr. Jimmy Low.

The introduction of MAG Medialess Solutions marks a pivotal shift towards advanced security access technologies, integrating RFID for vehicle access and facial recognition biometric AI for human entry. This seamless fusion enhances security while simplifying user experiences, promising a future where access control is intuitive and efficient.

Imagine a workplace, factory or apartment where entry is effortless, eliminating the need for keys or cards. MAG Medialess Solutions not only offer convenience but also bolster Area Control during emergencies and mitigate unauthorised access risks.

MAG invites potential collaborations and partnerships with dealers across the region. For inquiries, please get in touch with our team via whatsapp +011 3133 9143 or visit our webpage for a dealer application form.&nbsp;

MAG has already made significant strides in the regional market with exports spanning 13 countries and a network of over 1500 dealers. Notable projects include prominent residential and commercial entities owned by AyalaLand in the Philippines and Transjakarta bus terminals in Indonesia. Kuala Lumpur, 30th May 2024 - Magnet Security &amp; Automation Sdn. Bhd. (MAG or the Company), the number one barrier gate brand in Malaysia, is embarking on a strategic regional expansion to bring its innovative security solutions to regional markets. Recently certified by the Malaysia Book of Records for selling the most barrier gates in a year, MAG is poised to extend its footprint across Southeast Asia, particularly targeting Vietnam, Philippines, and Indonesia, where it already enjoys a presence through exports.“We are energised by the growth of MAG and recognise the ripe opportunities in these selected markets. Our recent introduction of Medialess Solution in the Philippines received exceptional feedback, motivating us to further penetrate the markets in Vietnam and Indonesia,” stated Mr. Jimmy Low, Chief Executive Officer of MAG.<img style="width: 100%;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/a1f4ece88fe8b307cf0cee89ae20b91b743a10554a64578e220320b8800543ec/IND_1638%20copy.jpg" alt="Jimmy Low, CEO of MAG" />With exports spanning 13 countries and a network of over 1500 dealers, MAG has already made significant strides in the regional market. Notable projects include prominent&nbsp; residential and commercial entities owned by AyalaLand in the Philippines and Transjakarta bus terminals in Indonesia.Export sales currently account for 5% of MAG’s revenue, a figure expected to double to 10% by the year’s end. This growth trajectory is supported by the favourable Malaysian Ringgit exchange rate and MAG’s proactive engagement with local dealers in the respective markets.“As pioneers in the industry, we are well-positioned to deliver Medialess Solutions as a specialised building security provider. Our Malaysian heritage ensures high-quality hardware and software access control systems, backed by robust aftersales support,” remarked Mr. Jimmy Low.<img style="width: 100%;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/6abf08cc7b3b41e0f2e361f51247e2dc519ad8456a1c3ab470915682e4189920/WhatsApp%20Image%202024-05-28%20at%204.09.47%20PM.jpeg" alt="MAG Medialess Solution" />The introduction of MAG Medialess Solutions marks a pivotal shift towards advanced security access technologies, integrating RFID for vehicle access and facial recognition biometric AI for human entry. This seamless fusion enhances security while simplifying user experiences, promising a future where access control is intuitive and efficient.Imagine a workplace, factory or apartment where entry is effortless, eliminating the need for keys or cards. MAG Medialess Solutions not only offer convenience but also bolster Area Control during emergencies and mitigate unauthorised access risks.MAG invites potential collaborations and partnerships with dealers across the region. For inquiries, please get in touch with our team via whatsapp +011 3133 9143 or visit our webpage for a dealer application form.&nbsp;

Medical / Hospital

Theme Park / Amusement park

Residential / Condominium

Commercial facilities / Office buildings

MAG has already made significant strides in the regional market with exports spanning 13 countries and a network of over 1500 dealers. Notable projects include prominent  residential and commercial entities owned by AyalaLand in the Philippines and Transjakarta bus terminals in Indonesia. 

MALAYSIA’S LEADING BUILDING SECURITY SOLUTIONS SPECIALIST,  MAG TO BRING MEDIALESS SOLUTION TO PHILIPPINES, VIETNAM, AND INDONESIA

The campaign with the aim to educate millions of smartphone and online users against phishing scams had kicked off on 29 May 2023 at Shangri La The Fort in Taguig City.

The industry-led multi stakeholder national consumer cybersecurity campaign is being led by the Fintech Alliance in partnership with the Bangko Sentral ng Pilipinas (BSP), National Bureau of Investigation, Philippine National Police, Anti-Money Laundering Council, Securities and Exchange Commission, Insurance Commission, National Privacy Commission, National Telecommunications Commission, Department of Trade and Industry, telecommunications companies, consumer groups, and media groups.

The campaign was launched in response to the emergence of risks and threats to users’ safety and to ensure the sustained consumer trust on digital payments platforms.

“I am proud to see everyone working hard to make the Nationwide Consumer Cybersecurity Education Campaign an effective and invaluable tool in helping accelerate the Philippines’ Digital Economy.

You can count on BSP to be a staunch supporter of our project. We will continue to work hand in hand with all of our stakeholders and ensure the far-reaching impact of this campaign,”

“With all industry players, government, media and the Filipino consumers working together, we’re ready to unlock the power of cybersecurity with consumer education!

We enjoin all Fintech Alliance member companies to have our campaign in all your social media platforms and use the hashtag #WagMagpalokoMagingScamAlerto,”

said Lito Villanueva, Founding Chairman of the&nbsp;Fintech Alliance.PH&nbsp;and Executive Vice President and Chief Innovation and Inclusion Officer at RCBC.

FinTech Alliance.PH also kicked off the first cohort of the Cambridge Fintech Regulatory and Innovations (FTRI) Programme.

It is by the Judge Business School of the University of Cambridge in Southeast Asia in partnership with the Mapua University in the Philippines.

The programme targets the development and training of regulators, legislators, policy makers, and practitioners and professionals in banking, fintech and digital industries.

<h1>Fintech Alliance.PH Kicks off National Cybersecurity Education Campaign</h1>Fintech Alliance.PH, the country’s largest association of fintech and digital players, had launched a multistakeholder national cybersecurity awareness and education campaign.The campaign with the aim to educate millions of smartphone and online users against phishing scams had kicked off on 29 May 2023 at Shangri La The Fort in Taguig City.The industry-led multi stakeholder national consumer cybersecurity campaign is being led by the Fintech Alliance in partnership with the Bangko Sentral ng Pilipinas (BSP), National Bureau of Investigation, Philippine National Police, Anti-Money Laundering Council, Securities and Exchange Commission, Insurance Commission, National Privacy Commission, National Telecommunications Commission, Department of Trade and Industry, telecommunications companies, consumer groups, and media groups.The campaign was launched in response to the emergence of risks and threats to users’ safety and to ensure the sustained consumer trust on digital payments platforms.<img style="max-width:100%;height:auto;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/78435b15baeecf077630dd8efc68f7a678e1c920954f68a2333b941e7c399779/Felipe-M.-Medalla-150x150.png" alt="Felipe M. Medalla"/>“I am proud to see everyone working hard to make the Nationwide Consumer Cybersecurity Education Campaign an effective and invaluable tool in helping accelerate the Philippines’ Digital Economy.You can count on BSP to be a staunch supporter of our project. We will continue to work hand in hand with all of our stakeholders and ensure the far-reaching impact of this campaign,”said BSP Governor Felipe Medalla.<img style="max-width:100%;height:auto;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/dac35ecb3f2bdee1e3521ab3d306af25ef6fcb5dcf0eee0fa0fb134d7225a00b/Lito-Villanueva_RCBC-2020-150x150.jpeg" alt="Lito Villanueva"/>“With all industry players, government, media and the Filipino consumers working together, we’re ready to unlock the power of cybersecurity with consumer education!We enjoin all Fintech Alliance member companies to have our campaign in all your social media platforms and use the hashtag #WagMagpalokoMagingScamAlerto,”said Lito Villanueva, Founding Chairman of the&nbsp;Fintech Alliance.PH&nbsp;and Executive Vice President and Chief Innovation and Inclusion Officer at RCBC.FinTech Alliance.PH also kicked off the first cohort of the Cambridge Fintech Regulatory and Innovations (FTRI) Programme.It is by the Judge Business School of the University of Cambridge in Southeast Asia in partnership with the Mapua University in the Philippines.The programme targets the development and training of regulators, legislators, policy makers, and practitioners and professionals in banking, fintech and digital industries.FinTech Alliance.ph is the Philippines’ leading and largest digital trade organization comprised of startups and unicorns collectively generating over 90% of digital-initiated transactions volume in the country today.
In organizing ourselves, we are nurturing our collective strengths and realizing its great potential in contributing to the country’s economic and social development.
Together, we believe in the enormous opportunity through continuous engagement in building and expanding a sustainable digital finance ecosystem. Ultimately, it must redound to the benefit of every Filipino, especially those in the bottom of the pyramid.
With initiatives encompassing other key sectors such as agriculture, transportation, water, health, education, and renewable energy, among others.secretariat@fintechalliance.ph

Securities / FX / Investment Trusts

Coaching / Mentoring / Consultation

Cryptocurrency

Fintech Alliance.PH, the country’s largest association of fintech and digital players, had launched a multistakeholder national cybersecurity awareness and education campaign.

Fintech Alliance.PH Kicks off National Cybersecurity Education Campaign

Mr. Malolos made this pronouncement as he participated in a panel discussion with his co-experts in the field of fintech to impart ways to create a more inclusive financial system through technology at the first AI Summit in the country hosted by the Aboitiz Data Innovation (ADI).

“In order to achieve financial inclusion, you need to have financial common sense first, which means understanding the behavior of your target market whether it be compatibility to the device they will be using and how it will be used. People are not fully aware of how technology impacts their lives. And for us in the fintech industry, we need to see technology as a tool to deliver that promise of innovation,” he said, emphasizing the key challenge to financial inclusion in the country is the efficient adoption of the target consumers to fintech services developed such as digital banking.

Mr. Malolos emphasized that fintech companies should also take into consideration the importance of keeping digital financial services simple, easy to use, and accessible to both merchants and their customers—a feature PayMongo upholds in its platform. He also added that with the emergence of AI, hopefully profiling and capturing these target markets will be easier and more accurate.[2]

He expounds that it is only when these target consumers understand how to utilize these financial services, can they truly see its benefits to their daily lives.

“In PayMongo, we make sure that as we get into micro merchants, we are able to give them the benefit of setting up and succeeding in their business. It is when they succeed and generate income that they can appreciate the other players in the fintech ecosystem.”

Financial inclusion is defined as the availability and equality of opportunities to access financial services such as banking, loan, equity, and insurance products.&nbsp; Adoption in terms of technology, on the other hand, refers to the process of accepting, integrating, and using new technology in society.

Per data from a Department of Science and Technology study in 2022, awareness on technological advancements doesn’t directly translate to technology adoption. Various factors such as knowledge, financial constraints, owner and employees’ lack of awareness on the importance of the technology, weak technology base, and poor infrastructure significantly hinder businesses from adopting new technologies.

As CEO of the leading payment gateway in the country, Mr. Malolos discussed the efforts made by PayMongo in uplifting the livelihood of MSMEs. He stressed how PayMongo capacitates these business owners to help them appreciate the developments in digital finance.

“Our objective in PayMongo is to simplify things for businesses. That when you get into our system, it’s so easy, so simple, and you will realize that utilizing these digital financial systems is actually not as complicated as it seems,” he expressed. Just last month, PayMongo signed an agreement with Unionbank, expanding both companies’ financial network further, and providing a more accessible and simplified payment processing for businesses of all sizes.

<h1>PayMongo Chief calls for simpler, more convenient digital financial services in accelerating financial inclusion</h1>PayMongo Chief Executive Officer Jojo Malolos stressed the importance of knowing your consumers well and identifying the specific needs and circumstances of consumers to achieve financial inclusion, especially here in the Philippines.Mr. Malolos made this pronouncement as he participated in a panel discussion with his co-experts in the field of fintech to impart ways to create a more inclusive financial system through technology at the first AI Summit in the country hosted by the Aboitiz Data Innovation (ADI).“In order to achieve financial inclusion, you need to have financial common sense first, which means understanding the behavior of your target market whether it be compatibility to the device they will be using and how it will be used. People are not fully aware of how technology impacts their lives. And for us in the fintech industry, we need to see technology as a tool to deliver that promise of innovation,” he said, emphasizing the key challenge to financial inclusion in the country is the efficient adoption of the target consumers to fintech services developed such as digital banking.Mr. Malolos emphasized that fintech companies should also take into consideration the importance of keeping digital financial services simple, easy to use, and accessible to both merchants and their customers—a feature PayMongo upholds in its platform. He also added that with the emergence of AI, hopefully profiling and capturing these target markets will be easier and more accurate.[2]He expounds that it is only when these target consumers understand how to utilize these financial services, can they truly see its benefits to their daily lives.“In PayMongo, we make sure that as we get into micro merchants, we are able to give them the benefit of setting up and succeeding in their business. It is when they succeed and generate income that they can appreciate the other players in the fintech ecosystem.”Financial inclusion is defined as the availability and equality of opportunities to access financial services such as banking, loan, equity, and insurance products.&nbsp; Adoption in terms of technology, on the other hand, refers to the process of accepting, integrating, and using new technology in society.Per data from a Department of Science and Technology study in 2022, awareness on technological advancements doesn’t directly translate to technology adoption. Various factors such as knowledge, financial constraints, owner and employees’ lack of awareness on the importance of the technology, weak technology base, and poor infrastructure significantly hinder businesses from adopting new technologies.As CEO of the leading payment gateway in the country, Mr. Malolos discussed the efforts made by PayMongo in uplifting the livelihood of MSMEs. He stressed how PayMongo capacitates these business owners to help them appreciate the developments in digital finance.“Our objective in PayMongo is to simplify things for businesses. That when you get into our system, it’s so easy, so simple, and you will realize that utilizing these digital financial systems is actually not as complicated as it seems,” he expressed. Just last month, PayMongo signed an agreement with Unionbank, expanding both companies’ financial network further, and providing a more accessible and simplified payment processing for businesses of all sizes.support@paymongo.com

System / Website / Application development

PayMongo Chief Executive Officer Jojo Malolos stressed the importance of knowing your consumers well and identifying the specific needs and circumstances of consumers to achieve financial inclusion, especially here in the Philippines.

PayMongo Chief calls for simpler, more convenient digital financial services in accelerating financial inclusion

Taguig, Philippines, May 18, 2023 -&nbsp;PowerForm, a cutting-edge online form builder developed by Cormant Technologies Inc., has launched new dashboard features designed to enhance customers' data management capabilities and streamline their workflow. These latest additions offer users a more convenient and efficient way to track and manage form submissions, responses, and analytics.

Key highlights of the new dashboard features include:

· Real-time data tracking: Users can now monitor form submissions in real time, enabling them to stay on top of project progress and promptly address any challenges or opportunities that may arise.

· Customizable analytics: Users have the ability to design their own analytics dashboards, allowing them to closely monitor key performance indicators (KPIs) and assess the success of their work.

· Drilldowns: Users can delve deeper into specific sections of the data, gaining valuable insights beyond what is initially displayed on the dashboard. This deeper comprehension empowers users to make better-informed decisions supported by reliable insights.

· Collaborative tools: Users can seamlessly share data and collaborate with team members in real time, facilitating improved communication and more effective project management.

"We are excited to introduce PowerForm’s new dashboard features to our users," said Cormant Technologies Inc. CEO Ian Wilson. "Our main objective is to simplify and optimize data management, and these enhancements will enable our users to achieve exactly that. With real-time data tracking, customizable analytics, and collaborative tools, our users can concentrate on what truly matters—expanding and growing their operations by focusing on their core business."

All PowerForm users now have access to these new dashboard features. To learn more about PowerForm and its online form builder solutions, please visit the website PowerForm.co.&nbsp;&nbsp;

<h1>PowerForm Introduces New Dashboard Features for Efficient Data Management</h1>PowerForm, an online form builder, has released new dashboard capabilities to help with data management and processes. Real-time data tracking, configurable analytics dashboards, drilldowns for deeper insights, and collaborative tools for real-time sharing and teamwork are among the new features. These capabilities allow customers to analyze form submissions, monitor key performance indicators, obtain deeper insights, and engage in real-time data collaboration with team members.Taguig, Philippines, May 18, 2023 -&nbsp;PowerForm, a cutting-edge online form builder developed by Cormant Technologies Inc., has launched new dashboard features designed to enhance customers' data management capabilities and streamline their workflow. These latest additions offer users a more convenient and efficient way to track and manage form submissions, responses, and analytics.Key highlights of the new dashboard features include:· Real-time data tracking: Users can now monitor form submissions in real time, enabling them to stay on top of project progress and promptly address any challenges or opportunities that may arise.· Customizable analytics: Users have the ability to design their own analytics dashboards, allowing them to closely monitor key performance indicators (KPIs) and assess the success of their work.· Drilldowns: Users can delve deeper into specific sections of the data, gaining valuable insights beyond what is initially displayed on the dashboard. This deeper comprehension empowers users to make better-informed decisions supported by reliable insights.· Collaborative tools: Users can seamlessly share data and collaborate with team members in real time, facilitating improved communication and more effective project management."We are excited to introduce PowerForm’s new dashboard features to our users," said Cormant Technologies Inc. CEO Ian Wilson. "Our main objective is to simplify and optimize data management, and these enhancements will enable our users to achieve exactly that. With real-time data tracking, customizable analytics, and collaborative tools, our users can concentrate on what truly matters—expanding and growing their operations by focusing on their core business."All PowerForm users now have access to these new dashboard features. To learn more about PowerForm and its online form builder solutions, please visit the website PowerForm.co.&nbsp;&nbsp;PowerForm is a premier online form builder developed by Cormant Technologies Inc. It enables organizations to develop, publish, and manage online forms. With its user-friendly interface, PowerForm simplifies data collection, lead generation, and process automation for businesses of all sizes. The platform offers a wide range of features, including customizable form templates, unique branding options, integrations, and more, making it an ideal solution for enterprises seeking to optimize their data management operations. For additional information, please visit PowerForm.co.Cormant Technologies Inc.
Rachel Tabusares
+63 917-526-2338
https://cormanttech.com/
+63 917-827-4361

Internet service

Application

Cloud service

PowerForm, an online form builder, has released new dashboard capabilities to help with data management and processes. Real-time data tracking, configurable analytics dashboards, drilldowns for deeper insights, and collaborative tools for real-time sharing and teamwork are among the new features. These capabilities allow customers to analyze form submissions, monitor key performance indicators, obtain deeper insights, and engage in real-time data collaboration with team members.