Cloud
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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Banks Need to Avoid Risks of a Big Bang Transition When They Digitise
The latest research by the International Data Corporation (IDC) and Thought Machine, a cloud native core banking technology firm, revealed that 40% of banks in the Asia Pacific will make significant changes to their current core banking systems in the
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UnionBank Picks METACO and IBM to Set Up Its Digital Asset Custody Operations
The Union Bank of the Philippines has selected METACO, a provider of security-critical software and infrastructure to the digital asset ecosystem, to implement its digital asset management services. The bank will leverage METACO Harmonize which is its digital asset orchestration
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Tonik Taps Google Cloud to Build its Digital Bank
Philippines’ neobank Tonik announced that it is has built on Google Cloud’s advanced platform to deliver its financial services in just 10 months. The bank had leveraged Google Cloud’s expertise in scalable infrastructure, application programming interface (API) management, machine learning (ML)
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Russian Digital Bank Tinkoff Taps Finastra to Power Its Philippines Expansions Plans
Moscow-based digital bank Tinkoff announced that it has selected financial services software provider Finastra’s Fusion Essence Cloud core banking solution to power its planned expansion into the Philippines. Finastra’s next generation, cloud-native system will enable Tinkoff to bring a new
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UnionBank to Fully Migrate to AWS’ Cloud by 2022
Amazon Web Services (AWS), an Amazon.com company, announced that the Union Bank of the Philippines will migrate its IT infrastructure from on-premises to cloud by 2022. The migration is intended to accelerate the bank’s digital transformation, improve customers’ digital banking
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