digital transformation in public policy · 2019-07-18 · internal documents that the bank...
TRANSCRIPT
Digital Transformation in Public Policy
50 MillionCustomers
1 MillionSME Customers
3% of banking industry loans
are to SMEs and microfinance
99% of payment transactions
still cash-based
5% Digital
9% Digital
2017 2018 2019
20% Digital
70% Digital
97% Digital
Digital Engagement
√GOVERNMENT
FINTECHS
EUREKA
√
CORPORATE
BANKING AND FINANCE CAPABILITIES
TECHNICAL PARTNERCAPABILITIES
√
ABOITIZ GROUP/AFFILIATES
Digital Ecosystem
Application Program
Interface (API) Platform
Business Process
Automation (BPA) Platform
Security and Resilience
Business Process
Architecture
Data Architecture
Technology Architecture
Application Architecture
Risk Architecture
Enterprise ArchitectureBased on Banking Industry Architecture Network v. 7.0 (BIAN)
https://developer.unionbankph.com/
Application Programming Interface (API)
Network Operations Center
Security Operations Center
Business Operations Center
The Watchtower
Cybersecurity
Blockchain Inter-Rural Bank Payment Platform
Blockchain for Financial Inclusion
FSCE
Transactions recorded on a shared ledger in near real-time
Financial Supply Chain Ecosystem
Blockchain Initiatives
The country’s first gamified loyalty program
Award-winning Convergent App with Blockchain
XLOG is a cloud-based web application coupled with mobile apps for both
Android and iOS. Membership is free.
Blockchain for Security
The General Circular
internal documents that the bank
disseminates to its employees to
communicate policy and procedural guidelines and
regulatory requirements
This platform will enable users to
establish and prove their identity to be able to facilitate
transactions easily in a digital economy.
Digital Identity
Define
Measure
AnalyzeImprove
Control
Six Sigma
Straight-Through
Processing
Always Online
Secure
Our Objectives
Source:
*The Economist Intelligence
**Political and Economical Risk Consultancy (PERC)
***Doing Business Organization
Singapore Japan Hongkong South Korea Taiwan Malaysia China India Thailand Philippines Indonesia
Source:
*The Economist Intelligence
**Political and Economical Risk Consultancy (PERC)
***Doing Business Organization
Singapore Japan Hongkong South Korea Taiwan Malaysia China India Thailand Philippines Indonesia
Source:
*The Economist Intelligence
**Political and Economical Risk Consultancy (PERC)
***Doing Business Organization
Singapore Japan Hongkong South Korea Taiwan Malaysia China India Thailand Philippines Indonesia
2nd
39th
4th5th
13th
15th
46th
77th
27th
124th
73rd
Challenges
Integration to
Government
Computer
Systems
1Accuracy of Digital Information from Government
2Information
Security3
Challenges
API for Integration
Integration to
Government
Computer
Systems
1
An Application Programming Interface, or API, is a set of software instructions and standards that allows machine to machine communication—like when a website uses a widget to share a link on Twitter or Facebook.
What is an API?
Benefits of API in Government
Increase the reach of your services
Save time through automation.
Save costs by allowing third-party innovators
Speed product development
Build markets by improving government access
API Platform - Singapore
Services Available on this API
1. Property tax account balance check
2. Stamp duty calculator
3. Listing of GST –registered businesses
4. Listing of Allowable Income and
Expense for Self-employed Individuals
5. AIS Organization Search
6. e-Submission of Commission Income
Organization search
Inland Revenue Authority of
Singapore
https://www.iras.gov.sg/irashome/default.aspx
API Platform - Estonia
Services Available on this API
1. Salary
2. Remuneration of management board
member
3. Remuneration based on a contract
under the law of obligations
4. Sick pay
5. Payment of minimum social tax
6. Payment of taxable dividend
E-Estonia
https://e-estonia.com/now-you-can-pay-your-taxes-in-one-click/
Alternative Tax Payment: Made possible by API Platform – BIR & UnionBank
Bureau of Internal Revenue &
Unionbank of the Philippines
https://www.bir.gov.ph/
Services Offered
This additional electronic payment facility
was made to give tax payers a more
convenient option when paying their
taxes.
This was made possible by the BIR and
Unionbank of the Philippines and made
possible by API of Unionbank (BlueMix)
Challenges
Integration to
Government
Computer
Systems
1Accuracy of Digital Information from Government
2Information
Security3
Challenges
Data Governance
Accuracy of Digital Information from Government
2
Data governance is a set of processes that ensures that important data assets are formally managed throughout the enterprise. It ensures that trusted information is used for critical business processes, decision making and accounting.
What is Data Governance?
Artificial Intelligence
BlockchainCloud
ComputingInternet of
Things
Application Protocol Interface
Business Process
Automation
Master Data Management Data Quality Data Integration
Digital Strategy driven backed by Data Governance
Create/Collect UseStore Share Archive Destroy
Ensure Quality Data thru Input Controls
and Validation
Continuous Synch of Updated Customer Data on all Systems
Consolidated Data to eliminate redundancies
Readily Available Access for all Stakeholders
Data Quality
Master Data Management
Centralized Knowledge-base for
Data Consumers
Effective Campaigns & Promotions thru Clean
& Consistent Data
Regulatory (AMLC, Risk, Finance) & Management
Reporting
Modeling, Analytics, and Data Science
Enterprise Data CatalogBig Data Management
Data Lake
Data Vault
Cost-Effective Archiving driven by cloud-first strategy
Amazon AWSResponsible and
efficient disposal of sensitive information
Blancco
Promote a data-driven culture with the agility to respond to evolving regulations and business needsthru process alignment, digitization and automation.Data-driven Culture
Secure and auditable data access.Data Security and Data Privacy
Data Lifecycle Framework
Challenges
Integration to
Government
Computer
Systems
1Accuracy of Digital Information from Government
2Information
Security3
Challenges
Blockchain for Government
Information
Security3
an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way
What is Blockchain?
World Governments and their Blockchain
1. Healthcare Data Over Blockchain in collaboration with Alibaba
2. Blockchain Logistics Platform by China Federation of Logistics and Purchasing with Tencent
CHINA
1. Blockchain Office and Sandbox
2. Decentralized Lottery for gambling by Qanta
ISLE OF MAN
1. Government Services on a blockchain. Anti-corruption and misuse e-government platform
ESTONIA
1. Virtual Twin, Anti-Counterfeiting Solution on a Blockchain. Created by Cryptomice for EU.
European Union
1. Health Data on a Blockchain by IBM Watson and the FDA of USA
2. Blockchain to protect data collected by Border Patrol cameras and sensors
United States of America
1. Blockchain for meat distribution tracking
2. Land registration and buy-sell process on a blockchain
United Kingdom
World Governments and their Blockchain