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Philippines' UnionBank secures digital banking license

UnionBank first traditional Philippines bank to secure digital banking license
By
On 15 July, the Union Bank of the Philippines (UnionBank) became the first publicly-listed, traditional bank to receive a digital banking license by the Philippines central bank, Bangko Sentral ng Pilipinas (BSP). The digital bank will be incorporated as Union Digital Bank (UnionDigital), a wholly-owned subsidiary of UnionBank.
Much of the rest of fast-growing Southeast Asia (SEA) has rapidly moved onto adopting innovations and progressing their digital footprint, with the Philippines in recent times catching up to its regional peers.
In 2019, SMEs recognized the urgent need to digitalize. A report by BSP in 2019 found that a staggering 71% of Filipino adults are unbanked, making traditional banking services out of reach for most. This is largely due to the geographical nature of the Philippines, which comprises over 7,500 islands. ....

Benjamin Diokno , Bangko Sentral , Edwin Bautista , Union Digital Bank Uniondigital , Digital Bank , Union Bank , Union Digital Bank , Southeast Asia , Digital Payments Transformation Roadmap , Banking Framework , Digital Banking Framework , Bank President , Asset Triple , எட்வின் பாடிஸ்டா , டிஜிட்டல் வங்கி , தொழிற்சங்கம் வங்கி , தென்கிழக்கு ஆசியா , டிஜிட்டல் கொடுப்பனவுகள் மாற்றம் சாலை வரைபடம் , வங்கி கட்டமைப்பு , டிஜிட்டல் வங்கி கட்டமைப்பு , வங்கி ப்ரெஸிடெஂட் , சொத்து மூன்று ,

UnionBank to put up UnionDigital subsidiary

UnionBank to put up UnionDigital subsidiary
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.

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BSP, DOF chiefs commend UnionBank for first-in-industry 'Innovation Campus'

Union Bank of the Philippines (UnionBank) recently held the virtual groundbreaking ceremony for its ‘Innovation Campus’ last May 26 via Zoom, marking a major milestone in the Bank’s digital transformation journey that started five years ago and garnering thecommendation of top figures in the country ....

Justoa Ortiz , Bangko Sentral , Edwin Bautista , Benjamin Diokno , Ben Diokno , Maraming Salamat , Sonny Dominguez , Carlos Dominguez , Global Learning Solutions Singapore , Bureau Of Treasury , Asian Institute Of Digital Transformation , Aboitiz Group , Union Bank , Innovation Campu , Governor Benjamin Diokno , Finance Secretary Carlos Dominguez , Social Security System , President Duterte , Unionbank Innovation Campus , San Pedro , Data Science , Artificial Intelligence , Asian Institute , Digital Transformation , Global Learning Solutions , Unionbank President ,

IT upskilling crucial for PH firms to become globally competitive

IT upskilling crucial for PH firms to become globally competitive ....

San Antonio , United States , Dennis Omila , Benjamin Diokno , Bangko Sentral , Edwin Bautista , Union Bank , San Pedro , Tech Up Pilipinas , Governor Benjamin Diokno , Payments Transformation Roadmap , Unionbank Innovation Campus , Finance Secretary Carlos Dominguez , சான் அன்டோனியோ , ஒன்றுபட்டது மாநிலங்களில் , எட்வின் பாடிஸ்டா , தொழிற்சங்கம் வங்கி , சான் பேடரோ , கொடுப்பனவுகள் மாற்றம் சாலை வரைபடம் , யூனியன் வங்கி கண்டுபிடிப்பு வளாகம் , நிதி செயலாளர் கார்லோஸ் டமிஂகெஸ் ,

Aboitiz Group ventures in data science, AI business

SunStar
Creative Commons
April 29, 2021
THE Aboitiz Group is banking on its new business unit Aboitiz Data Innovation (ADI) to grow and better serve its clients across all its business units.
Sabine Aboitiz, president and chief executive officer (CEO) of Aboitiz Group, on Thursday, April 29, 2021, said this newest investment of the group will benefit the various industries they are in by boosting productivity, improving customer service and coming up with business solutions.
“Aboitiz Data Innovation represents a natural progression for us that is consistent with how Aboitiz has adopted new approaches and expertise over the years. We are taking the substantial stride in fully integrating this into our operational capacity to develop and support business models and facilitate decision making,” said Aboitiz in a press conference. ....

David Hardoon , Edwin Bautista , Sabine Aboitiz , Singapore Economic Development Board , Aboitiz Group , Aboitiz Data Innovation , Data Innovation , Economic Development Board , Southeast Asia , டேவிட் ஹார்டூன் , எட்வின் பாடிஸ்டா , சிங்கப்பூர் பொருளாதார வளர்ச்சி பலகை , தகவல்கள் கண்டுபிடிப்பு , பொருளாதார வளர்ச்சி பலகை , தென்கிழக்கு ஆசியா ,