Cloud

Red Hat and AWS Powers UnionBank’s Digital Transformation Journey

The Union Bank of the Philippines is using Red Hat OpenShift Service on Amazon Web Services (AWS) to accelerate its digital transformation and provide more personalised financial services to its customers. This has allowed UnionBank to migrate its mission-critical workloads

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Huawei Cloud Finance Summit Philippines 2023 to Explore the Future of Finance

The Huawei Cloud Finance Summit Philippines 2023 is set to bridge the gap between traditional banks, fintech companies, and software partners to foster meaningful connections and drive collaboration this 31 August at Shangri-La The Fort, Manila. At this summit, participants

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Cebuana Lhuillier to Expand User Base to 11 Million in 5 Years with Temenos

Philippines rural bank Cebuana Lhuillier will be modernising its core banking platform through a partnership with banking software company Temenos. Cebuana Lhuillier Bank provides credit and savings accounts to individuals, micro, small and medium enterprises to grow their personal or

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Purposeful Coexistence in Your Journey to a Digital Core

The costs and complexity of legacy banking technology have firmly established the need for financial institutions to modernise their systems. Banks must move away from legacy infrastructure that constrains innovation and prevents them from providing the real-time, personalised banking experiences

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AWS and Mambu Share Their Guide to Cloud Migration for Incumbent Banks

In today’s rapidly evolving economic environment, businesses need to be able to adapt quickly to changing market and consumer demands. This is especially true for traditional banks and financial institutions experiencing pressure to offer the same level of agility as

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GoTyme Bank Partners Mambu to Roll Out New Innovative Products and Services

Newly launched Filipino digital bank GoTyme Bank has partnered with cloud banking platform Mambu to roll out new products and services in the coming months. Singapore-based Tyme Group has had a long-standing relationship with Mambu which powered South Africa’s TymeBank

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UnionDigital Bank Now Uses Thought Machine’s Digital Banking Platform

UnionDigital Bank, the digital banking subsidiary of Union Bank of the Philippines, today announced its partnership with cloud-native banking technology company Thought Machine and has deployed its core banking engine Vault Core. Thought Machine’s core technology has enabled UnionDigital Bank

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Beyond Digitalisation: How the Cloud Has Revolutionised Customer Relationships

Before the advent of digitalisation, the process of obtaining a loan was extremely tedious and time-consuming, causing long wait times for approvals and a negative client experience. But things have changed as digitalisation has transformed financial services. Today, lenders are

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Alibaba Cloud Will Host Its First Cloud Day in the Philippines in October

Alibaba Cloud is hosting the Alibaba Cloud Summit Philippines 2022 on October 19th at the Grand Hyatt Manila, as it continues to provide customers with better services and greater value to accelerate business growth and digital transformation following the success

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Migrating to a Cloud-Native Core Helps Banks Reduce Core Spend by 76% Over 5 Years

Across the globe, financial institutions are under increasing pressure to remain competitive in a rapidly changing financial services landscape. Challenger banks and fintechs are leveraging modern technology stacks and agile operating models to innovate at speed and build modern, customer-centric

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