Tuesday, March 15, 2022

UnionDigital Bank partners with Yield Guild Games to Cater to the Philippines’ Largest Play-to-Earn Community

(L-R) Maria Gaitanidou, Chief Launch Officer, UnionDigital Bank; Arvie de Vera, Co-founder and Chief Executive Officer, UnionDigital Bank; Gabby Dizon, Co-founder, YGG; Luis Buenaventura; Country Manager, YGG; Kat Gonzalez; Head of Operations, YGG

UnionDigital Bank, the digital bank entity of the Union bank of the Philippines, has officially formalized its partnership with global play-to-earn guild Yield Guild Games (YGG) during its first-ever Managers’ Summit held last March 3-5, 2002, at Conrad Manila in Pasay City. 

Sunday, March 13, 2022

Pru Life UK unveils PRUHouse to promote agile workspaces for its sales force

Leading life insurer Pru Life UK continues to show its support to its growing sales force as it provides a dynamic and agile workspace embracing the future of work, with the recent opening of its first ever PRUHouse.

Located in Ortigas, PRUHouse is part of Pru Life UK’s initiatives to create adaptable workspaces fit to the different workstyles of its agency force. It offers an inclusive environment suitable and conducive for a wide range of activities to empower financial advisors in reaching out and catering to more customers and their needs.

Saturday, March 12, 2022

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. 

Thursday, March 3, 2022

SeekCap seeks to grow 4x in 2022

SeekCap, an online lending marketplace built by leading open finance platform UBx, gears for a fourfold increase in loans processed in 2022, as it further strengthens its pursuit for partnerships with online communities, platforms, and governments to reach more micro, small and medium enterprises (MSMEs) who need access to business loans. 

This optimism comes on the back of SeekCap’s remarkable growth in 2021, when it processed over P6 billion in loans from more than 40,000 MSMEs. This year, SeekCap aims to process roughly P33.5 billion in loans, a target that is 6x higher than the volume last year. 

DataLand to launch more projects in strategic locations

Strengthens commitment to making real estate more accessible to Filipinos

When it comes to real estate developments that are of the highest quality while still providing better value for money for its clients, no other company in the country can stand as tall as DataLand, Inc. (DLI). 

DataLand is the real estate arm of DDT Konstract, Inc. (DDTKI), a Filipino-owned company and one of the few select Quadruple ‘A’ rated construction companies in the country with over 20 years of proven industry track record. While it was making a name for itself, it has invested in a state-of-the-art precast plant, the Data Precast Systems, Inc. (DPSI) – one of the most advanced precast facilities in the country that produces fire and moisture-resistant, sound proof and durable concrete walls and building materials.

Saturday, February 26, 2022

UnionBank, CANVAS.PH team up to help artists, collectors explore NFT art space

Tree planting efforts also pledged to offset joint initiative's carbon footprint

Union Bank of the Philippines (UnionBank) is leveraging its expertise in blockchain technology in a partnership with the non-profit organization Center for Art, New Ventures and Sustainable Development (CANVAS.PH) to help artists and collectors navigate the emerging non-fungible token (NFT) art space. 

The partnership was made official through a virtual signing event last February 17 between Cathy Casas, UnionBank's Head of Blockchain Center of Excellence (BCOE), Digital Assets Markets Unit and API Marketplace; and Gigo Alampay, Executive Director, CANVAS.PH. They were joined by former Department of Energy (DOE) Secretary Popo Lotilla, who introduced CANVAS.PH to UnionBank, and who has set his eyes recently on the transformative potential of blockchain technology especially here in the Philippines.

“Art has always been a powerful tool in creating positive change, and the advent of NFT technology potentially opens up more opportunities for artists to positively impact society through their work,” said Lotilla. “Together with the leading expertise of UnionBank in blockchain, we believe that this partnership will help CANVAS.PH uplift more lives through its advocacy.”

Friday, February 25, 2022

BUx records 33x surge in transaction volume in 2021, expects to continue growth path this year

BUx, the Philippines’ leading all-in-one payment solutions platform operated by the country’s leader in open finance UBX, recorded a 33x surge in transaction volume in 2021, processing billions of pesos in gross transaction value, hitting its profitability targets as planned. 

The unprecedented growth was driven by an expanded portfolio of e-merchant partners across a wide range of industries, including SMEs, enterprises, marketplaces, and marketplace aggregators.