AXA Philippines and Toyota launch first Pay-How-You-Drive insurance product in the country

Get premium incentives based on how you drive with Connected Toyota Insure

Leading insurance provider AXA Philippines together with leading mobility company Toyota Motor Philippines (TMP) has officially launched Connected Toyota Insure, the first Pay-How-You Drive car insurance product in the country. 

Connected Toyota Insure is an advanced and comprehensive car insurance product under MyToyota Connect suite of services that considers how the vehicle is used when computing the premium due. This insurance product makes use of a connected device, a technology that monitors vehicles via a network to achieve safe, secure, comfortable, and convenient vehicle usage which users can access through the MyToyota app. Customers will be given a driving score based on their driving habits such as cornering, braking, and acceleration.  A higher score with low mileage driven corresponds to a bigger premium discount wherein customers can receive a renewal premium reduction of up to 25%. 

UBX best positioned to implement IFMIS initiative

UBX, the leading open finance platform in the Philippines, is ready to support the government in its goal of adopting the integrated financial management information system (IFMIS) to promote efficiencies in government transactions while reducing corruption by improving transparency. 

As President Ferdinand “Bongbong” Marcos Jr. calls for local government units and offices to adopt the IFMIS, UBX signified its intention to provide the government the necessary digital support to concretize this plan. 

UnionBank Rides with Purpose as Platinum Sponsor for Harley Owners Group Manila Chapter's "PH Ride with Purpose"

In its commitment to nation-building and supporting local communities, Union Bank of the Philippines (UnionBank) proudly joins the Harley Owners Group (HOG) Manila Chapter Philippines as a platinum sponsor for this year's "PH Ride with Purpose." The event, held at the Subic Bay Freeport on June 24th and 25th, marks the 10th anniversary of the HOG Manila Chapter.

"PH Ride with Purpose" unites recreational riders nationwide, fostering camaraderie and strengthening social connections while championing local tourism, community empowerment, and environmental protection. These values align perfectly with UnionBank's ongoing efforts for the greater good, making the Bank a proud supporter of this initiative.

UnionBank, Coins.ph ink digital business solutions partnership to make crypto more accessible

Union Bank of the Philippines (UnionBank) has partnered with Web 3.0 and digital assets services provider Coins.ph for a joint initiative that will help make crypto and other emerging asset classes more accessible to the open market. UnionBank and Coins.ph made the partnership official through a memorandum of agreement signing ceremony that was held at the UnionBank Plaza in Pasig City last May 30, 2023.

Coins.ph President David Kao, Coins.ph Chief Financial Officer Lily Chen, Coins.ph Country Manager for the Philippines Jen Bilango, UnionBank Sales Director Bamm Bamm Roxas, UnionBank Fintech Business Group (FBG) Head Erika Dizon-Go, UnionBank Relationship Manager Honey Regala, and UnionBank FBG Assistant Vice President – Sales and Partnerships Gel Enriquez, attended the ceremony as representatives.

From “So Lit” to “Sulit!”

Get iPhone 11 now via Home Credit’s 0% interest offer until September 30! 

As smart buyers, it always pays to purchase anything ‘sulit,’ especially when it comes to the things we’ll use every day, like smartphones. These gadgets are critical to our everyday lives in the ‘always-on’ world, where people must stay connected with friends, family, and even colleagues, whenever and wherever they are.  

But, nowadays, having a smartphone is more than just about staying connected. It’s more than just having the power to connect, and most certainly, there are more things that we need to consider in order for these trusty devices to be called a ‘sulit’ buy. 

For iPhone users, one particular model is worthy of being called a ‘sulit’ phone—the iPhone 11. From its camera specs, and reliable performance, to high-res display and sleek design, this model has become a staple and proves to be a ‘sulit’ buy as it enables users to experience all that they need and deserve from an iPhone. Here’s why:  

UnionBank 1H2023 Net Income at P6.4 billion

Union Bank of the Philippines delivered a net income of P6.4 billion in the first six months of 2023, up by 6% against the same period last year.

Net revenues for the first half of the year amounted to P34.4 billion, increasing by 60% versus the same period last year.

Net Interest income grew 41% to P24.0 billion, largely attributable to the 43% increase in the Bank’s loan portfolio plus better net interest margin. Net interest margin increased by 60 bps to 5.2%. The Bank’s strong focus on high- yielding consumer loans more than offsets the impact of the rising cost of funds. The Bank’s proportion of consumer loans to total loans improved to 55% this year versus 42% last year.

UBX Global CTO: AI to elevate humankind to a higher plane

Artificial Intelligence (AI) will force humankind to elevate itself to a different level and create solutions to long standing problems instead of aggravating them, according to Mario Domingo, the freshly appointed Global Chief Technological Officer of UBX, the leading open finance platform in the Philippines.

In the latest episode of the Orange Chair, a web series featuring today’s top thought leaders and influencers, the digital transformation virtuoso debunked the public’s common misconceptions about AI.