Majority of financial institutions in the country do not show willingness to risk on digital investments, hindering target to increase financial inclusion, a report by FINTQnologies Corp. (FINTQ) showed on Thursday.
In the third volume of the Inclusive Digital Finance Report, FINTQ, the technology unit of Pangilinan-led Voyager Innovations Inc., crafted a new framework to examine local financial institutions’ digital readiness — Commitment, Awareness, Readiness, Adaptability or CARA.
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