With the partnership, UBX’s portfolio venture BUx, the country’s leading payment gateway, has digitized the processing of payments for microloans, making it convenient and secure for members of KMBI to pay their loans with a variety of options: online banking, e-wallets, and over-the-counter at select payment partner outlets.
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Leading life insurer Pru Life UK is encouraging Filipinos to eat healthier while getting a chance to win the latest Apple Watch Series 7 as it launches the Vegethon Challenge promo on Pulse, its AI-powered health and wealth app.
In celebration of Nutrition Month this July, the Vegethon Challenge aims to help Pulse users develop healthier eating habits by incorporating more fruits and vegetables in their daily diet.
“At Pru Life UK, our mission is to help Filipinos lead healthier and wealthier lives so that they can get the most out of life. We are inviting Filipinos to start a healthier diet and track their nutrition. Through this new activity along with the other health and fitness features on Pulse, we offer a holistic approach to health and wellness to Filipinos,” said Pru Life UK Senior Vice President and Chief Customer and Marketing Officer Allan Tumbaga.
GoTyme Bank, a partnership between the Gokongwei Group and Singapore-based digital banking group Tyme, is optimizing its tech and security measures ahead of its launch. In 2021, the bank received its license to operate in line with the Bangko Sentral ng Pilipinas’ goal of digitizing 50% of all payments and having 70% of Filipino adults into the banked population by 2023.
Amid incidences of phishing, malware, ransomware, fraud, identity theft, and social engineering in the banking industry, GoTyme Bank has heavily invested in the best cyber security controls to strengthen its defenses. Social engineering is the act of deceiving individuals in order to manipulate them to disclose confidential or personal information, such as one-time pins (OTP) or passcodes.
The International Council for Small Business Philippines (ICSB PH) and Union Bank of the Philippines (UnionBank) recently held a three-day conference and expo for micro, small, and medium enterprises or MSMEs to empower the entrepreneurs and enable them to thrive in the digital economy. The event was held at the Resorts World Manila in celebration of the United Nations' (UN) International MSME Day, observed annually every 27th of June.
Prior to the fiesta, several experts from the public and private sectors as well as the academe gathered at The Sheraton Hotel for a panel discussion that tackled the most pressing issues concerning the MSME industry.
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The merging of traditional art and non-fungible token (NFT) art has undoubtedly unlocked new possibilities for artists and collectors today. However, with NFT technology being relatively new especially in the Philippines, many are still wondering what this is and are trying to understand the technology. Such a scenario may be preventing the full realization of its potential to revolutionize art.
To address this, Union Bank of the Philippines (UnionBank) and León Gallery have collaborated for a discussion to facilitate timely and relevant conversations on NFT art. Focus will be the convergence of the traditional and NFT art spaces and how artists and collectors can navigate the emerging landscape much easier.
As the threat of surge in COVID-19 cases remains, leading consumer finance company and digital financial service provider Home Credit Philippines (HCPH) launches Health Secure with COVID-19 coverage. This latest addition to Home Credit Protect’s wide array of products reiterates the company’s commitment to advocating proactive measures to keep its customers safe and protected.
Health Secure offers protection not only for personal accidents resulting in dismemberment, disability and death but also for COVID-19-related complications, including vaccine side effects. For only PHP 1,212, you can get 12 months of comprehensive COVID-19 coverage, which can easily be availed through the My Home Credit app and paid through Home Credit Pay.
“The Post Office Digital Innovation signifies the commitment and support of the Post Office especially under the new administration of President Ferdinand Romualdez Marcos Jr. in serving the public who deserve no less than the best postal service by global standards’, Postmaster General Norman Fulgencio said.
Under the partnership, UBX will provide the necessary technical knowledge in digital finance and open finance to hasten the Post Office’s digital transformation journey. With its ubiquity and reach, the Post Office is well-positioned to provide its customers necessary financial services, promoting financial and social inclusion, especially in far-flung areas.
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In May 2020, universal bank EastWest launched Komo, a fully digital banking service backed by the security of a strong, established bank. With just the app, Komo provides customers a convenient and digital experience from account opening to transactions to even card management, all without going to a branch, being stuck in lines, and worrying about any hidden charges.
Allianz PNB Life reaffirms its commitment to sustainability through its latest video campaign entitled “Seeds of Tomorrow”. The digital short film was made available for streaming on Facebook last June 23.
Allianz PNB Life has continuously advocated for sustainability by releasing communication, leading initiatives, and taking part in projects that generate the most impact. The company’s Ride Safe bicycle campaign, created to encourage a healthier lifestyle among Filipinos while lessening the carbon footprint and pollution generated by transportation vehicles, was awarded ‘Best Sustainability Initiatives Philippines 2021’ by the International Business Magazine (IBM), among other such awards. Last year’s “No Filter” video has also won a Quill and an Anvil award for its pro-environment messaging.
Buying a vehicle is a huge investment, and one that you need to protect. One way to do this is by having a reliable insurance product that protects your vehicle as well your loved ones from harm and third party liabilities. It will also have more financial benefits for you in the long run, and with the recent oil price hikes, we don’t want to add more unnecessary expenses.
Open banking and open finance are two models that are now slowly taking over the financial sector, with the promise of revolutionizing banking and financial services like never before and acting as "a catalyst for the new wave in financial innovation."
This was the main point of discussion during the 14th edition of Union Bank of the Philippines' (UnionBank) virtual roundtable series E-TalkTales, which took place last June 28 via Zoom. The event was led by UnionBank's Fintech Business Group Head Erika Dizon as its main speaker.
In her presentation, Dizon explained that while open banking and open finance may differ slightly from each other—the former promotes data sharing on banking services, while the latter promotes data and capability sharing across the financial sector—the goal is the same, which is the creation of an open ecosystem.
Social Security System (SSS) and Union Bank of the Philippines (UnionBank) recently formalized their partnership, which aims to develop and launch the Unified Multi-Purpose Identification (UMID) Pay Card, as part of their goal of making financial services more accessible to Filipinos.
SSS President and CEO Michael Regino, UnionBank President and CEO Edwin Bautista, and several key executives and team members from both organizations joined the Memorandum of Agreement (MOA) signing ceremony for the UMID Pay Card Program, held last June 27, 2022 at the SSS Head Office in Quezon City.
“Data Proficiency for Beginners” the first topic had for its main speaker Edwin Concepcion, ASEAN of Straits Interactive Pte. Ltd., Head of Data Protection as a Service (DPaaS). He gave an introduction on data proficiency -- what it is, how it can be done, and why organizations should prioritize it. Concepcion defined data proficiency as one's capacity to utilize data to positively impact an organization. For MSMEs, he noted that its benefits included improved operational efficiency that in turn, lowers operational costs; as well as create better experiences for customers.
