Fexco's Springpoint makes financial inclusion more possible in PH
Financial inclusion is a key objective for many public and private institutions. The archipelago structure of the Philippines creates additional challenges for those who are advocating for greater access to financial services. As the Philippines consists of thousands of inhabited islands, financial services are difficult to deliver to those who need it most. While there are nearly 3,000 rural and cooperative banks across the country that aim to address the needs of every Filipino, logistical challenges remain. In the Philippines, Fexco’s vision is an accessible innovation that leverages financial technology to bring a simple, safe, and secure user experience to its customers. To deliver this vision and help financial institutions extend their reach both in-branch and beyond the traditional branch network, Fexco is launching its new global Springpoint venture which enables the rapid, low-cost deployment of traditional banking services to underserved areas. Springpoint is a financial
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