UBX powers up AboitizPower’s mobile app with digital payments collection

UnionBank of the Philippines’ UBX, the leading Open Finance platform in the Philippines, is powering the mobile app of Aboitiz Power Corporation (AboitizPower), one of the country’s largest retail electricity companies, integrating digital payments to provide customers of the latters’ distribution utilities greater convenience. 

Under the agreement, AboitizPower will integrate BUx, an all-in-one payment solution platform developed by UBX, into its mobile application, MobileAP. The app is available for subscribers of AP distribution utilities such as Visayan Electric Company, Davao Light and Power Company, Cotabato Light and Power Company, and the Subic and Lima EnerZones.

UBX, Bixie partner to empower Pinays with financial tools, knowledge

UBX, the leading open finance platform in the Philippines, and Bixie, an AI-powered finance platform for women, have joined hands to empower Filipino women with financial knowledge, network, tools, products, and services to help them become financially independent. 

Under the partnership, Bixie will leverage the open finance platform of UBX to seamlessly disburse aid funds directly to Filipina beneficiaries through i2i’s unique last mile disbursement network. 

i2i, the banking-as-a-service venture of UBX, has a network of over 3,000 banking agents that provide basic banking solutions and services in unserved and underserved areas in the Philippines. 

UBX to double workforce in 2022

New hires to drive further growth, inclusive finance vision of UBX

UBX, the leading open finance platform in the Philippines, plans to more than double its workforce this year to strengthen its goal of developing more digital financial solutions and better serve consumers and businesses. 

After gaining traction in 2021, UBX plans to continue innovating to introduce more solutions in various financial segments, including, but not limited to payments, banking services, savings and insurance, identity verification and credit scoring, as well as cryptocurrencies, among many others. 

UBX leads in Crypto: Becomes first in world to run a public stake pool

UBX, the fintech venture studio and fund spun out of UnionBank of the Philippines, is opening its own public stake pool featuring Cardano. UBX becomes first in the world to run a public stake pool as a regulated institution. UBX Staking provides Filipinos a reputable and trustworthy source to earn rewards on their ada for helping to secure and operate the Cardano blockchain. 

John Januszczak, President and CEO of UBX said, “The Philippines' adoption of cryptocurrency is opening opportunities for financial institutions to create reliable platforms that will guide and support Filipinos with their finances. UBX is fully committed to maximizing blockchain technology such as that of Bitcoin, Ethereum and Hyperledger. To further excel and maximize the potential of blockchain, we’re looking at emerging protocols like Cardano to connect traditional financial markets to the world’s most innovative Financial Operating System.”