UBX, SouthBank partner to beef up digital rural banking in Mindanao

UBX, the leading open finance platform in the Philippines, and SouthBank, a rural bank based in Cagayan de Oro, entered into a strategic alliance to provide customer-centric and inclusive digital financial services to more Filipinos in Mindanao.

Under the agreement, i2i, the banking-as-a-service venture of UBX, will expand SouthBank’s financial services to the countryside, empowering the rural bank with the technology to offer digital financial solutions to its customers and clients. 

With the partnership, SouthBank is able to beef up its native mobile application called SBPay, a platform that equips users with financial tools that they can use via their mobile phones.