Aboitiz-led Union Bank of the Philippines’ planned acquisition of American banking giant Citigroup Inc.’s consumer banking business in the country has secured the go signal from the Philippine Competition Commission (PCC).
Aboitiz-led Union Bank of the Philippines and Ayala-led Globe Telecom Inc. have forged an information sharing agreement to combat online banking fraud preying on clients.
Union Bank of the Philippines on Tuesday said it has opted not to use clickable website links in its promotional communication materials to protect consumers from being victims of online fraud such as phishing and smishing.