Technology changing PH financial landscapeBy JAIME ZULUETAhome/Business/Business Columns/Technology changing PH financial landscapeLarge stacks of paper, multi-person committees, and thousand-strong physical branch networks – these are the current hallmarks of the Philippine financial landscape. What can be done to improve financial inclusion and the financial landscape in the Philippines? By embracing the power of technology, First Circle is providing non-collateral business loans to small and medium business owners in as quick as 5 business days. Whether hosted on the computer or smartphones, online applications enable business owners to perform financial transactions while staying in their offices. As more and more financial institutions include technology into their services, Philippine business owners and Filipinos in general can expect to see a different financial environment in the near term.

Source: Manila Times January 11, 2019 17:15 UTC