Union Bank of the Philippines (UnionBank) has officially opened Open Finance Innovation Hub, a first-in-industry program that will provide an open digital ecosystem for innovation and co-creation in the country. The Fintech […]
Union Bank of the Philippines (UnionBank) has tapped the syndicated bank market through a $358 million three-year syndicated loan facility. Despite prevailing market uncertainty and volatility, UnionBank’s syndicated financing was well-received with […]
UnionBank credit cardholders have a chance to win exciting prizes and P1 million worth of cash credits at UnionBank’s Play2Win Raffle Promo. To join, all cardholders must register once by clicking the […]
Aboitiz-led Union Bank of the Philippines recently introduced new solutions — eDAO (ePaycard Digital Account Opening), Remote Check Deposit (RCD), and Embedded Banking — to strengthen its banking services offerings. eDAO offers […]
Following the announcement in December 2021, Aboitiz-led Union Bank of the Philippines (UnionBank) has finally completed the takeover of Citigroup’s consumer banking business in the Philippines. The transaction will be effected through […]
Union Bank of the Philippines’ all-digital bank UnionDigital Bank (UnionDigital) has completed the final stage of securing the license to operate from the Bangko Sentral ng Pilipinas (BSP). In a media release […]
ID sample image from SSS Wikipedia page Social Security System (SSS) and Union Bank of the Philippines (UnionBank) inked a deal that will upgrade the Unified Multi-Purpose Identification (UMID) Pay Card. Leveraging […]
Union Bank of the Philippines (UnionBank) is supporting the adoption of open finance and open banking with the goal of fast-tracking digital inclusion in the country. The Bangko Sentral ng Pilipinas released […]
Union Bank of the Philippines (UnionBank) was able to raise P11 billion in what is considered as the first-ever digital peso bonds offering in the country. “This pioneering issuance serves as a […]
On the road to ramping up its digital transformation (DX) to reach an underserved market, City Savings Bank (CitySavings), the thrift subsidiary of Union Bank of the Philippines strengthened its core corporate […]
To ease the burden of micro, small, and medium enterprises, Union Bank of the Philippines (UnionBank) transformed its Supply Chain Finance (SCF) solution platform to simplify operations and financial management across their […]
Aboitiz-led Union Bank of the Philippines (UnionBank) recorded a net income of P2.6 billion in the first quarter of 2022, which translated to a return on equity of 9.2%. UnionBank’s recurring income […]
Recognizing the explosive growth of blockchain, NFTs (non-fungible tokens), and cryptocurrency globally, Union Bank of the Philippines (UnionBank) has embarked on a journey to become the first Philippine bank in the Metaverse, […]
Consumer finance provider Home Credit Philippines has signed a P 7-billion two-year credit facility with Aboitiz-led universal bank, Union Bank of the Philippines (UnionBank). This agreement will allow Home Credit Philippines to […]
Union Bank of the Philippines (UnionBank) and Globe Telecom (Globe) inked an agreement that would enable data sharing required for any investigation of online scams. Under the agreement, Globe will provide UnionBank […]
Union Bank of the Philippines (UnionBank) announced the latest update for its MSME Business Banking app, introducing new features that will give business owners more flexibility when it comes to collecting payments […]
i2i, the banking-as-a-service platform and open finance community under UBX, expects business to grow by as much as 300% in 2022. This year’s growth comes after recording significant results in 2021 on […]
Aboitiz-led Union Bank of the Philippines (UnionBank) introduced an integrated financing platform that is hoped to simplify businesses’ supply chain operations. The platform ensures seamless cash flow management with real-time payment and […]
Bixie, an AI-powered finance platform for women has tapped UBX, an open finance platform by Union Bank of the Philippines, in providing digital solutions for beneficiaries. The partnership hopes to empower Filipino […]
Following the announcement of its significant revenue growth in 2021, UBX, the fintech arm of UnionBank of the Philippines, plans to more than double its workforce this year to strengthen its goal […]
UBX, the financial technology arm of Aboitiz-led Union Bank of the Philippines, reported that its revenues ballooned five times last year, reaching an annual gross transaction value of P20 billion. Leveraging its […]
Union Bank of the Philippines (UnionBank), through its UBPXcellerator Program, launched the Data Science Development Program (DSDP). DSDP is a free data science course for aspiring data scientists that covers topics such […]
The Aboitiz-led commercial bank Union Bank of the Philippines (UnionBank) posted a net income of P12.6 billion in 2021 or 9% higher than in 2020. According to UnionBank, its net revenues reached […]
Union Bank of the Philippines (UnionBank) announced that it will be implementing its digital asset management in partnership with METACO, a security-critical software and infrastructure and IBM Cloud. The Aboitiz-led UnionBank has […]
To aid the victims of Typhoon Odette in their recovery, Union Bank of the Philippines (UnionBank) recently deployed its “Bank on Wheels” (BOW) mobile banking facility in Cebu, to provide customers with […]
“Regulating AI (artificial intelligence) is the wrong goalpost,” said Dr. David Hardoon, senior adviser for Data and Artificial Intelligence, Union Bank of the Philippines (UnionBank), at the recently concluded EFMA Sustainability & […]
Union Bank of the Philippines (UnionBank) has expanded its graduate program, L.E.A.D. (Leader Executive Accelerated Development) by introducing TechLEAD, a program focused on developing technical talent to become leaders of tomorrow. UnionBank’s […]
UnionBank of the Philippines (UnionBank) entered on a deal to acquire the consumer banking assets of Citigroup Inc. (Citi). The transaction includes Citi’s credit card, personal loans, wealth management, and retail deposit […]
As economies across the world become more conducive to the open finance framework, data science and artificial intelligence (AI) now both play an increasingly crucial role in cross-platform data sharing. This was […]
With more businesses going online and adopting digital payments, Union Bank of the Philippines (UnionBank) designed its UPAY for MSME offering to be as simple and as easy to use. Citing expensive […]
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