Artificial intelligence seen shaping future of PH thrift banks

Defining the News

The Chamber of Thrift Banks underscored the importance of artificial intelligence in shaping the future of banking.

It said the group achieved several digital milestones through collaborations with the Bangko Sentral ng Pilipinas including the implementation of the Financial Consumer Protection Act of 2022, Anti-Money Laundering Act updates and BSP initiatives on banks digital transformation and cybersecurity. “Investing in digital transformation is paramount for thrift banks to remain competitive in the evolving banking landscape,” CTB convention committee chairman Jerome Minglana said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MlaStandard /  🏆 20. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Air pollution linked to nearly 2,000 child deaths a day—reportDefining the News
Read more »

Filipino investors acquire 2XU brandDefining the News
Read more »

Visa supports women-owned SMEs, youth in ASEAN with financial skillsDefining the News
Read more »

Who is Mr. Supranational Philippines 2016 AR Dela Serna and why is he trending?Defining the News
Read more »

Manila takes 103rd spot in QS Best Student Cities 2025 rankingDefining the News
Read more »

Global call for proposals for “Go Green with Taiwan” campaign launchedDefining the News
Read more »