Global Banking and Finance Review awards UnionBank “Best Digital Bank Philippines 2018” and “Most Innovative Cash Management Services Bank Philippines 2018

2018 Global Banking & Finance Awards® awarded UnionBank “Most Innovative Cash Management Services Bank Philippines 2018” and “Best Digital Bank Philippines 2018”

The leading British online and print magazine recently awarded UnionBank in recognition for its dedication to providing leadership, innovation and excellence in cash management and in digital banking.

“Union Bank of the Philippines is one of the leading banks in the Philippines and a pioneer when it comes to cash management and digital banking. They were first bank in the Philippines to establish a website and have continued to redefine banking by investing in technology and making banking more accessible and efficient. Their superior technology doesn’t stop with their retail accounts but provides for online, real time business solutions, including their cash management solutions where they have demonstrated a strong commitment to enhancing customer experience through tailored solutions to meet the needs of businesses of all sizes. Their strategic vision, continued investment in technology, and strong risk management is what made them stand out as the winner this year", said Wanda Rich, Editor, Global Banking & Finance Review. “We look forward to seeing more from them in the years to come.”

How ASHI, a microfinance institution, scaled using Oradian’s cloud-based banking platform

Ahon Sa Hirap, Inc. (ASHI) is a microfinance institution NGO that operates from Quezon City, serving more than 74,000 clients through 60 branches in the Calabarzon and Western Visayas regions with over 600 employees. ASHI’s mission is to improve access to financial services in their communities to enable families to lift themselves out of poverty.

Estrella Andres, Vice President of ASHI, was prompted to realign ASHI’s IT strategy when ASHI set new goals for growth: number of branches, number of clients served, community coverage and an updated list of services offered. 

GCash Supports Families of Fallen Heroes

Photo shows the officers of HERO Foundation from left,
Kiel Fernandez, Consultant Fundraising, Marketing and
Media Relations, Chez Florentino-Ebot, Marketing Officer
and MGEN Victor V. Bayani (Ret) and GCash Officers
 Anthony Thomas, President and CEO and
 JM Aujero-VP for Merchant Solutions

GCash, the Philippines’ #1 mobile wallet sealed its partnership with Hero Foundation Inc. - a non-governmental organization (NGO) in the Philippines which main advocacy is to help orphans of our fallen and incapacitated military men in the line of duty. 

This partnership is an initiative driven by shared vision of GCash and Hero Foundation that families depending on fallen brave men who faced tragic events or at worst died serving the country are not left behind. It is a reality that most of the dependents of our fallen military heroes suffer from hunger, inability to sustain basic needs, lack of money to send the children to school,  unavailability of jobs for their spouses, and other misfortunes brought by incapacity of the family’s breadwinner. 

Globe Telecom launches Globe Future Makers 2019 in search for social innovation startups

Globe Telecom launches Globe Future Makers (GFM) 2019, in collaboration with The Spark Project, as it takes its position as an accelerator for social innovators in the country’s start-up community.

Introduced in 2017, Globe Future Makers (GFM) is the social innovation program of Globe which aims to help build the ecosystem of support for startups which are using technology to solve the Philippines’ most challenging social problems. 

Amaia Scapes Bulacan successfully sells over 700 units; to launch newest sector in July 2019

Top-of-mind and affordable property developer Amaia Land Corp. is well on track towards its goal of bringing affordable and sustainable homes to more Filipinos in 2019 as it launches more developments across the country.

In fact, Amaia Land has successfully sold more than 715 units in Amaia Scapes Bulacan—320 units worth P530 million in Sector 1, 187 units worth P309 million in Sector 2 and 208 units worth P400M in Sector 3.

Cebuana Lhuillier launches easier, more convenient way to save through micro savings product

Launch coincides with the introduction of “#KayaNa: Unbanked Filipinos No More Movement” 

Cebuana Lhuillier, one of the country’s leading microfinancial services company, recently unveiled the Cebuana Lhuillier Micro Savings, which will provide Filipinos with a more convenient and affordable means to save their hard-earned money. 

Acting as a cash agent of the Cebuana Lhuillier Rural Bank (CLRB), micro savings is Cebuana Lhuillier’s platform for Filipinos to overcome the barriers to saving. While Filipinos like to save, they opt to keep it at home according to the Bangko Sentral ng Pilipinas (BSP).

GCash Expands Its Financial Services to Provide Opportunities For All

All eyes are focused on Asia, more so than ever before, and with good reason.  Asian economies are well positioned for robust growth, and in recent years, Asian emerging markets performed rather well compared to their counterparts outside Asia.

Asia has made significant progress when it comes to financial inclusion. The Philippines, in fact, has the most conducive environment for financial inclusion in the region; number 4 worldwide in a 2018 study (The Global Microscope) conducted by The Economist Intelligence Unit (EIU). The study assess the enabling environment for financial inclusion across 5 categories and 55 countries. It also cites that the leading countries in the study “feature market-entry regulations that do not deter new players that serve low- and middle-income populations” - with the Philippines having banking and non-bank financial institutions and e-money issuers and cross-border payments providers actively reaching out to the population.