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Nov. 10-12 Code enforcement officer responded to the 300 block of N. 1st St. and removed a DOA cat. The animal was transported to the shelter. While on patrol in the 300 block of S. 11th St. code officer observed two dogs running at large. The dogs were returned to the owner and a verbal […]
At the recently-held Singapore FinTech Festival 2022, the Union Bank of the Philippines (UnionBank) highlighted the crucial role Supply Chain Finance (SCF) plays to empower the Philippine business ecosystem and how the Blockchain is used as an innovative tool to benefit industry players.
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UnionBank is looking to speed up the digitization of SMEs through its Innovation Campus, where it eyes to harness the power of the metaverse and explore the potential of blockchain technology.
MANILA - A bank executive cited close coordination between the government and the private sector for the wider use of electronic invoicing (e-invoicing), noting that this will result to more successful shift towards digital payments. Ramon Duarte, Union Bank of the Philippines (Unionbank) Executive Vice President and head of Transaction Banking and Platform Development, said the bank, along with other financial institutions, is working with the government regarding digital receipts issuance. He said while processes, payments, and financing platforms have shifted towards digital means, the issuance of paper receipts is still required. This "introduces a lot of friction" and "produces a lot of issues," he said. "That's one reason why customers also still resist moving to these electronic payments because they want kaliwaan (direct exchange of goods or money) so that they can make sure that they will get their resibo (receipt)," he added. The Department o