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USA back on top; Germany takes Top 3 spot in FIBA World Ranking

September 15, 2023 1:28 p.m.

MIES (Switzerland) – The recent completion of the prestigious FIBA Basketball World Cup 2023 has produced some eye-catching positive climbs in the latest FIBA World Ranking Men, presented by Nike.

USA reclaim pole position with 786.6 points after benefiting from their consistency at major tournaments over the last three summers. Finishing in fourth place at the FIBA Basketball World Cup where they outperformed former number one nation Spain, their run to the Semi-Finals came off the back of winning an Olympic title at Tokyo in 2021 and also taking bronze at the FIBA AmeriCup 2022. 

Recently crowned FIBA Basketball World Cup 2023 champions Germany have another slice of history to enjoy as they step into the top three of the rankings for the very first time after moving up a massive eight places and onto 759.7 points. Their stunning success made all the more incredible because of the fact they made the journey to the top step of the podium without tasting defeat. 

Canada also have another reason to celebrate too, with their maiden FIBA Basketball World Cup medal fueling an even bigger rise of nine spots. They now occupy sixth position with 745.5 points. 

Serbia performed in outstanding fashion to make the title game and their second-placed finish gave their fans something to be proud of. Those supporters can also now enjoy and reflect on their country being a top five nation again as they move up a place and into fifth position on 755.6 points.

Meanwhile, when it comes to the scale and impact of climbing the rankings in the upper echelon, nobody can match Latvia. They have rocketed up a staggering 22 places and into the top 10 after their heroic underdog displays which ensured they took fifth place at the FIBA Basketball World Cup. They now sit in 8th position on 743.7 points.

There were many other teams who impressed at the flagship event, including Brazil who recorded three wins in five games and moves up a place into 12th in the rankings on 660.5 points. The Americas region can also boast a nice move upwards of five places into 16th for Puerto Rico on 611.1 points, while Dominican Republic rise six spots into 18th place on 561.9 points.

There were also notable improvements for Georgia who move up 10 positions and into 23rd on 465.9 points, Japan jump 11 spots to 26th on 432.2 points and Lebanon claim an uplift of 16 places into 28th on 423.3.

One nation that truly made everyone sit up and take notice at the FIBA Basketball World Cup 2023 were first-timers South Sudan. They made history by beating China to claim a first win at the event, then pushing on to beat the Philippines and Angola. This has resulted in a sensational climb of 32 spots in the rankings. They now find themselves in 31st place with 375.5 points.

For more information about the method used in the calculation of the FIBA World Ranking Men, please refer to the “How It Works” section.

Click here to view the full FIBA World Ranking Men, presented by Nike.

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Cebuana Lhuillier ventures into future of payments at Plan B Forum in Lugano, Switzerland

10:40 p.m. December 30, 2024

Cebuana Lhuillier, the Philippines’ leading microfinance institution, is stepping into the future of payments by exploring innovative blockchain solutions.

This initiative underscores the company’s commitment to financial inclusion and its strategic move towards adopting digital technologies. Senior Executive Vice President Philippe Andre Lhuillier attended the prestigious Plan B Forum in Lugano, Switzerland, where financial leaders and innovators gathered to discuss the next evolution in payments, blockchain, and digital finance.

A Global Stage for Financial Innovation

The Plan B Forum serves as a vital platform for thought leaders to explore the future of blockchain and digital currencies in the global economy. With a focus on the growing impact of decentralized finance (DeFi), stablecoins, and digital currencies, the forum highlights how emerging technologies are reshaping the landscape of financial services. Cebuana Lhuillier’s participation signifies its drive to stay ahead of technological advancements that can reshape and bridge TradFi and DeFi in the Philippines.

The event was attended by some of the prominent names in the digital currency space, demonstrating Cebuana’s commitment to industry and reinforcing its role in shaping the crypto landscape.

Cebuana Lhuillier: Championing Financial Inclusion in the Digital Space

Jean Henri Lhuillier, President and CEO of Cebuana Lhuillier, highlights the company’s growing focus on digital transformation. “As Cebuana Lhuillier continues to expand in the digital space, it aims to enhance payment services by adopting stablecoins and partnering with innovative digital solutions companies. These technologies promise faster, more affordable, and secure transactions for Filipinos, offering a modern way to manage payments with greater transparency and ease.”

Following this, Cebuana Lhuillier Senior Executive Vice President Philippe Andre Lhuillier added, “Blockchain technology and digital currencies are not just tools for innovation; they are vehicles for empowerment. By leveraging these technologies, we can democratize access to financial services, enabling Filipinos from all walks of life to participate in a global digital economy.”

This move reflects Cebuana Lhuillier’s commitment to providing reliable financial services that cater to the evolving needs of its customers across the country.

In representing Cebuana Lhuillier at the forum, Philippe Andre Lhuillier emphasized the importance of financial inclusion in the digital age. In an era where internet access and digital infrastructure are rapidly expanding, especially with advancements in web3 technologies, it set the stage that highlighted the importance of emerging payments in the web3 space and the role of Cebuana Lhuillier in bridging this technology with traditional finance.
Cebuana Lhuillier’s participation at the forum reinforces its commitment to financial inclusion. By incorporating digital wallets, blockchain technology, and digital currencies, the company aims to expand access to financial services, beyond traditional finance.
President and CEO Jean Henri Lhuillier remarked “With the evolution of financial landscapes, Cebuana Lhuillier is positioning itself at the forefront of digital transformation in the Philippines. By attending the Plan B Forum, the company is not only seeking to learn from global leaders but is also reaffirming its role as a key player in the future of payments and financial inclusion. Philippe Andre Lhuillier’s participation marks a critical step towards realizing Cebuana Lhuillier’s vision of becoming a fully integrated financial service provider that leverages cutting-edge technology.”
As blockchain and digital cryptocurrency technologies continue to grow, Cebuana Lhuillier is well-positioned to lead the way in providing innovative financial services.

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InLife wins Best in Future of Intelligence Award at IDC Future Enterprise Awards 2024

3:30 p.m. December 25, 2024

Insular Life (InLife) received the Best in Future of Intelligence Award – Philippines during the IDC (International Data Corporation) Future Enterprise Awards 2024 held at the Sands Expo and Convention Centre in Singapore on November 18, 2024.

The award recognizes InLife’s Agile Academy, a transformative initiative aimed at fostering an Agile mindset among InLife employees, or InLifers.

Through bootcamps, masterclasses, workshops, and curated resources, the Agile Academy empowers InLifers to tackle organizational challenges with innovative solutions, contributing to the company’s business and digital transformation journey.

At the heart of the Agile Academy are the Mission-Based Teams (MBTs)—cross-functional, user-centric, and self-organizing groups that leverage the Agile framework to address critical customer and enterprise issues.

To date, the Agile Academy has activated 21 MBTs, resulting in innovations like the InLife App, a mobile and web application for managing life insurance policies; and the InLife Compass Super App, designed to boost the productivity of InLife financial advisors. MBTs have also developed solutions addressing pain points of Gen Zs, Group account holders, and the silver generation, demonstrating InLife’s customer-centric and inclusive approach.

“InLife’s recognition at the IDC Future Enterprise Awards reaffirms our commitment to continuous innovation and transformation in service of our customers,” said InLife Chief Transformation Officer Efren C. Caringal, Jr. “At 114 years, InLife remains true to its pioneering spirit, leveraging initiatives like the Agile Academy to deliver meaningful solutions that benefit our policyholders and other stakeholders.”

The IDC Future Enterprise Awards recognize organizations that lead the way in digital transformation, demonstrating resilience, and a commitment to enhanced customer experiences.

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Converge engages Unang Yakap beneficiaries in gift-giving activities

8:30 p.m. December 24, 2024

Leading fiber broadband and technology provider Converge ICT Solutions Inc. shared the joy of Christmas to the mothers and volunteers of its Unang Yakap Community in Baseco, Tondo.

With the help of the mentors and mentees from its women mentorship program Grace Under Pressure: MentorSHE, the company celebrated with the beneficiaries and community volunteers through games, raffle, and gift-giving activities.

In partnership with Caritas Manila, Converge has been supporting the Unang Yakap Program that aims to provide healthcare and nutritional assistance to underprivileged pregnant and lactating mothers, and their infants, during their first 1,000 days.

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