Virtual Banking
UnionDigital Bank Partners mWell to Boost Financial Inclusion Among Filipinos
UnionDigital Bank, the digital banking subsidiary of Union Bank of the Philippines, has partnered with an integrated, fully digital health and wellness platform mWell in an effort to push financial inclusion in the country. Through this partnership, UnionDigital will intergrate
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GCash Users Can Now Open UNO Digital Bank Account Directly From App
Philippines’ mobile wallet GCash‘s customers can now open an UNO Digital Bank account directly from the app and access its digital banking products through #UNOready@GCash. Filipino citizens who are at least 18 years old, and who are fully verified GCash
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Henry Aguda Named as President and CEO of UnionDigital Bank
UnionDigital Bank, the digital banking subsidiary of Union Bank of the Philippines, has appointed Henry Rhoel R. Aguda as its new President and CEO effective 14 February 2023. Henry brings with him a wealth of experience in technology and transformation
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Singapore-Based Neobank Inypay Focusing On Sustainable Development Goals
Singapore-based Inypay announced that it will be launching its neobank, which has been in development for over 6 months, in Q2 2023. The key focus of Inypay is sustainable fintech. In its mission to improve the lives of the underserved
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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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UNO Digital Bank Taps Trusting Social for AI-Powered Credit Scoring
Philippines’ UNO Digital Bank announced that it has formed a partnership with AI-powered credit scoring platform Trusting Social. Through this partnership, UNO will leverage Trusting Social’s expertise for customer onboarding solutions including credit scoring. Trusting Social’s big data scoring technology
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RCBC Receives US$460M Strategic Investment From SMBC
Sumitomo Mitsui Banking Corporation (SMBC) has increased its stake in Rizal Commercial Banking Corporation (RCBC) from 4.999% to 20.0%, providing an injection of PhP 27.126 billion (approximately US$ 460.78 million) in capital. SMBC’s strategic investment is said to be part
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UnionBank’s Crypto Services Pilot Goes Live on METACO’s Harmonize
Digital asset technology provider METACO announced that UnionBank has gone live on its flagship platform to pilot the launch of crypto services for its clients. UnionBank leverages Harmonize, METACO’s digital asset custody and orchestration platform, as a fully managed service
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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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Philippines Project to be Among Fastest Growing Neobanking Adoption in Next 5 Years
Between 2022 and 2027, the Philippines and Mexico are expected to see the fastest rise in neobanking adoption, owing to the current relatively low usage, supportive regulatory landscape and favorable demographics, according to a new analysis by Hungarian fraud prevention
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