Just as before the whole country goes into a long holiday break in observance of Lent, the online system of Union Bank of the Philippines was still down two days after the supposed end of migration of its Citi-branded accounts.
Union Bank of the Philippines signed a deal with open-source provider Red Hat to help the local lender accelerate the migration of mission-critical workloads from on-premises environments to the Amazon Web Services (AWS) cloud platform.
GCash president and CEO Martha Sazon said at a recent media briefing that the fee is still “much lower” than the P25.00 that banks and other financial institutions usually charge for cash transfers.
The partnership will allow UnionBank to use Infobip’s Moments platform, which Infobip said can help the bank streamline communication channels, facilitate frictionless interactions with customers, and offer automation solutions.
A new report commissioned by cloud services provider Amazon Web Services (AWS) has revealed that while Asia Pacific corporations are searching for digitally skilled workers, the region’s workforce direly needs to upskill to meet this demand.
The latest additional infusion will help drive the digital bank’s expansion, particularly in digital loans which will soon be launched in the UD app, the company disclosed.
UnionDigital Bank has also onboarded its first corporate account customer, Philippine Digital Asset Exchange (PDAX), marking the commencement of accumulating corporate account openings at UnionDigital Bank.
