Tag "UnionBank"
UnionBank Allows Select Customers to Buy and Sell Bitcoin Within App
Union Bank of the Philippines announced that it is set to offer virtual asset exchange services through its mobile banking app. The bank said that it is the first universal banking entity in the country to offer this service. Through
Read MoreCiti Wraps up Sale of Philippines Consumer Business to UnionBank for US$700 Million
Citi announced that it has completed the sale of its Philippines Consumer Business to UnionBank of the Philippines. The deal is expected to be worth approximately US$700 million. The transaction covers Citi’s local credit card, unsecured lending, deposit and investment
Read MoreUnionBank Enhances Its Supply Chain Financing Solution for MSMEs
The Union Bank of the Philippines has digitally transformed and strengthened its Supply Chain Finance (SCF) solution platform to mitigate the losses endured by micro, small and medium enterprises (MSMEs). The solution also aims to simplify operations and financial management
Read MoreUnionBank Joins R3’s Digital Currency Sandbox
The Union Bank of the Philippines has become the first commercial bank in the country to be part of the global R3 Sandbox for Digital Currencies. The sandbox brings together commercial banks, central banks, payment providers and exchanges to collaborate
Read MoreUnionBank 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
Read MoreUnionBank Offers in-App Western Union Remittance Service in Real-Time
Union Bank of the Philippines teams up with Western Union and its agent in the Philippines PERA HUB for a seamless and reliable way to receive remittances in real time through the bank’s app. Western Union has more than 550,000
Read MoreIntellicare Taps Unionbank to Open Digital ePaycard Accounts for Affiliated Doctors
Philippines’ health maintenance organisation (HMO) Asalus Corporation which operates under the trade name Intellicare, partnered with Union Bank of the Philippines for ePaycard Digital Account Opening (eDAO). This helps to speed up the disbursement of professional fees, benefits, and other
Read MoreUnionBank 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
Read MoreJazzyPay and UnionBank Rolls Out Cashless Payment Solutions for SMEs
Online payment gateway JazzyPay has teamed up with Union Bank of the Philippines to provide cashless payment solutions for SMEs and local businesses. With the partnership, JazzyPay customers can now settle payments using their UnionBank accounts. In turn, UnionBank online
Read MoreFinScore Inks Partnership With UnionBank for Data-Driven Credit Scoring
UnionBank has signed a partnership agreement with FinScore, an alternative credit scoring company that is powered by telco data and advanced analytics, aiming to promote market efficiencies and expand the access of Filipinos to a broad range of financial services.
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