Unionbank, which touts itself as a digital-savvy bank, recently launched its fintech subsidiary called UBX, which will focus on “embedded banking” and develop solutions built on blockchain.
The GPS and cloud-based platform enables businesses to acquire their logistics needs in a much more streamlined way from the customs broker and trucking phases, up to the warehouse level.
Global blockchain firm ConsenSys has announced its partnership with UnionBank of the Philippines to establish the country?s first financial technology product based on Ethereum that can execute and settle domestic remittances to and from rural banks in the Philippines.
Union Bank of the Philippines recently introduced UnionBank GlobalLinker, a free platform designed to grow the network and operational capacity, of micro, small and medium enterprises (MSMEs) in the country.
Visa partnered with UnionBank to launch on Monday, Jan. 22, its simplified process of corporate cross-border bank-to-bank (B2B) transactions for small medium businesses and corporations in the Philippines.
Called U:Hack & PL@Y, the hackathons ? organized by the Union Bank of the Philippines ? will focus on developing banking and e-commerce solutions through artificial intelligence, augmented and virtual reality, identity authentication, robotics, and data analytics.
