Tag "Union Bank of the Philippines (UnionBank)"
ASEAN Bank Stability Report Reveals Most (and Least) Reliable Philippines Banks
In the contemporary era where the digital economy shapes the core of financial transactions, the reliance on banking services and stability has significantly escalated, including in the Philippines. This reliance is not merely a reflection of a preference for convenience,
Read MoreUnionBank Taps Informatica to Transition Customer Data to Cloud
UnionBank of the Philippines has recently selected Informatica’s intelligent Master Data Management (MDM) SaaS for transitioning its operations to the cloud, aligning with the bank’s digital transformation strategy. This change signifies a shift from UnionBank’s previous on-premises solution to a
Read MoreBanks in the Philippines Face Fintech Threat, Warns McKinsey
Management consulting firm McKinsey & Co. has cautioned banks in the Philippines that they must adapt to the emerging and rapidly evolving landscape of digital finance or risk losing market share to emerging fintech providers. In a study entitled On
Read MoreUnionbank Becomes the Fourth Bank To Receive Philippines Digital Banking License
The Union Bank of the Philippines, which is part of a conglomerate led by Aboitiz Equity Ventures, is set to form the fourth digital-only bank in the country, according to a Philstar Global report. The UnionBank’s digital banking application was
Read MoreBSP Deputy Governor: Digital Bank License a Game Changer for Financial Inclusion
As the Philippines begins awarding its first digital banking licenses, incumbents are gearing up for a new era in banking, ramping up their digital capabilities to address market shifts and changing customer expectations. During a virtual panel discussion with Fintech
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