Open finance to accelerate financial inclusion goal — UBX

Open finance has the power to accelerate the country’s financial inclusion goal, as it democratizes access to a spectrum of financial products and services particularly for the unbanked and underbanked as well as growing business, according to a ranking official of UBX, the leading open finance platform in the Philippines. 

Driving access and interoperability among financial ecosystem participants, open finance allows financial institutions to reach the unbanked and underbanked, while empowering them to tailor solutions that meet the needs of consumers and businesses.