UnionBank has announced that it will be using Infosys Finacle’s digital banking solution suite to scale its Retail and Corporate Banking operations, as well as develop and deploy new capabilities at a quicker pace.
The all-in-one payment acceptance hub allows both MSMEs and their customers to skip over the exchange of banking details. Instead, merchants will be able to collect amount payable when customers clock on the link and are redirected to either Instapay, UB Online, or over-the-counter at 7-11 and ECPay outlets.
Following the MOA with UnionBank, the SC also invited other banks and e-payment service providers to submit their proposals to integrate their e-payment service with the Judiciary ePayment Solution.
With online transactions at an all-time high in the country, e-commerce site Lazada Philippines and local lender UnionBank have launched what is dubbed as the country’s first credit card optimized for e-commerce transactions.
UnionBank signed an MOU with Now Corp. and affiliate Now Telecom to utilize and promote the use of new generation telecommunication networks, including 5G wireless technology, in support of the bank’s digital transformation roadmap.
Now on its third year, IDC’s DX Awards honors the achievements of organizations that have successfully digitalized one or multiple areas of their business through the application of digital and disruptive technologies.
