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BSP gives Philippines a fourth digital bank player: UnionBank

Aboitiz-led Union Bank of the Philippines received a green light from the Bangko Sentral ng Pilipinas to establish its own digital bank, joining other players in the emerging industry......»»

Category: financeSource: philstar philstarJul 21st, 2021

BSP approves Union Bank& rsquo;s digital subsidiary

The Bangko Sentral ng Pilipinas approved on July 15 the application of Union Bank of the Philippines for an authority to establish a digital bank......»»

Category: newsSource:  inquirerRelated NewsJul 22nd, 2021

UnionBank gets license to create digital bank

Union Bank of the Philippines has obtained the approval of the Bangko Sentral ng Pilipinas to establish a digital bank......»»

Category: financeSource:  philstarRelated NewsJul 22nd, 2021

UnionBank& rsquo;s UBX drives financial inclusion thru region& rsquo;s most revolutionary open finance platform

In 2018, Union Bank of the Philippines, recognized as a trailblazer with first-in-industry digital solutions that continue to revolutionize banking, incorporated fintech subsidiary UBX as part of its continuing digital transformation journey to harness emerging technologies while innovating on open, embedded finance and digital platforms. .....»»

Category: techSource:  thestandardRelated NewsJul 6th, 2021

UnionBank shifting to cloud as digital payments accelerate

Aboitiz-led Union Bank of the Philippines is ramping up the migration of its information technology (IT) system to the cloud as digital payments continued to soar in the country amid the mobility restrictions due to the COVID-19 pandemic......»»

Category: newsSource:  philstarRelated NewsJun 5th, 2021

UnionBank, AIM team up for technology initiatives

Aboitiz-led Union Bank of the Philippines has inked a P32.4-million partnership with the Asian Institute of Management to jointly develop initiatives on technology, innovation and digital skills to provide more Filipinos with advanced skills in a post-pandemic labor market......»»

Category: financeSource:  philstarRelated NewsDec 26th, 2020

Globe backs digital projects of UnionBank

Globe Business said it supports Union Bank of the Philippines in the digitalization of its work from home setup through Globe Pocket WiFis, video conferencing tools and postpaid lines. The company also expanded its data center to accommodate both its digital initiatives and their bigger customer base......»»

Category: financeSource:  thestandardRelated NewsNov 24th, 2020

UnionBank digitizing corporate clients

Last October 20, Union Bank of the Philippines (UnionBank) held the fifth installment of its E-TalkTales series wherein Head of Transaction Banking Mon Duarte discussed the Bank’s various transaction banking solutions, particularly The Portal, its all-digital banking platform for corporate clients......»»

Category: techSource:  thestandardRelated NewsOct 24th, 2020

Philippines& rsquo; first eCommerce Debit Card launched

The Union Bank of the Philippines (UnionBank) and Lazada Philippines launch its newest offer – the UnionBank Lazada Debit Card, the country’s first eCommerce Debit Card. Created with the avid online shopper in mind, this debit card aims to make each online shopping transaction smooth and more rewarding for customers. Powered by UnionBank’s superior digital banking capabilities, customers are also assured of a seamless and secure experience all throughout their eCommerce journey......»»

Category: techSource:  thestandardRelated NewsOct 12th, 2020

UnionBank putting up more digital branches

Aboitiz-led Union Bank of the Philippines continues to ramp up the establishment of full digital branches, as well as self-service hubs nationwide......»»

Category: financeSource:  philstarRelated NewsOct 11th, 2020

Virtual banking becomes fixture

Universal bank Union Bank of the Philippines (UnionBank) took the first step in its journey toward digitization some four years ago and a lot has changed since then. From a mere necessity to survive the onslaught of disruptions that had been rocking the banking and finance industry at that time, UnionBank’s digital transformation has enabled […] The post Virtual banking becomes fixture appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsSep 9th, 2020

UnionBank remains the undisputed leader in digital banking in Philippines

A lot has changed since Union Bank of the Philippines (UnionBank) took the first step in its journey toward digitization about four years ago. From a mere necessity in order to survive the onslaught of disruptions that had been rocking the banking and finance industry at that time, UnionBank’s digital transformation has enabled it to […] The post UnionBank remains the undisputed leader in digital banking in Philippines appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsSep 9th, 2020

UnionBank expands cloud-based service

Aboitiz-led Union Bank of the Philippines is further expanding its cloud-computing footprint through its partnership with Amazon Web Services as it continues to reap the benefits of its annual P3 billion investments in the digital space......»»

Category: financeSource:  philstarRelated NewsSep 4th, 2020

UnionBank wins another Stevie Award for Great Employers

Union Bank of the Philippines (UnionBank), the country’s Best Digital Bank, added another piece of hardware to its string of awards by bagging the Silver Stevie for Employer of the Year at the recent 2020 Stevie Awards for Great Employers. This is the bank’s second Stevie Award for Employer of the Year after receiving a […] The post UnionBank wins another Stevie Award for Great Employers appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsAug 21st, 2020

UnionBank’s ‘PeopleTech’ goes full swing with UBP Xcellerator

Union Bank of the Philippines (UnionBank), the banking and financial services arm of the Aboitiz Group and a known leader in digital banking, is in full speed in “teching up” the country. The bank, which beefing up its investment on technology to digitize processes and ensure fast, secure and seamless delivery of financial services to […] The post UnionBank’s ‘PeopleTech’ goes full swing with UBP Xcellerator appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsJul 24th, 2020

BTr pioneers in Asia DLT for bonds

The Philippine Bureau of the Treasury (BTr), together with Union Bank of the Philippines (UnionBank) and the Philippine Digital Asset Exchange (PDAX), a Bangko Sentral ng Pilipinas-licensed entity, is the first in Asia to launch an app for the distribution of government bonds enabled by Distributed Ledger Technology (DLT). National Treasurer Rosalia V. De Leon […] The post BTr pioneers in Asia DLT for bonds appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsJul 17th, 2020

COVID-19 cash aid in Parañaque goes digital

The Parañaque government has tapped the Union Bank of the Philippines (UnionBank) for the fast, convenient and accessible online disbursement of P200 million in assistance as part of the city’s efforts to help residents cope with the coronavirus pandemic......»»

Category: newsSource:  philstarRelated NewsJul 9th, 2020

UnionBank builds Innovation Hub to further future-proof business

Union Bank of the Philippines (UnionBank), the country’s leading digital bank, is building an innovation hub to ensure continued efficient digital collaboration and learning as well as maximum resiliency in the event of disasters and crises......»»

Category: techSource:  thestandardRelated NewsJun 28th, 2020

IFC makes $150 million investment in UnionBank’s first social bonds

The International Finance Corp. is investing $150 million in the first social bond to be issued by Aboitiz-led Union Bank of the Philippines to help micro, small and medium-sized enterprises severely affected by the COVID-19 pandemic......»»

Category: financeSource:  philstarRelated NewsJul 23rd, 2021

Backed by IFC, UnionBank to issue Philippines second social bonds

Aboitiz-led Union Bank of the Philippines would sell “social” bonds to finance loans for small companies that were badly hit by the pandemic, with World Bank’s private sector arm investing in the planned issuance......»»

Category: financeSource:  philstarRelated NewsJul 23rd, 2021

UnionBank: Notice of Special Meeting of Stockholders

Please be informed that Union Bank of the Philippines ("UnionBank") has scheduled a Special Stockholders' Meeting, which will be conducted virtually on Wednesday, August 11, 2021 at 1:00 p.m......»»

Category: financeSource:  philstarRelated NewsJul 22nd, 2021