UnionBank invests in Shiptek J.V. Partnership seen to take logistics to greater heights

Union Bank of the Philippines (UnionBank), the country’s Best Digital Bank, is acquiring 30-percent stake in technology solutions firm Shiptek Solutions Corp, the developer of end-to-end digital logistics platform known as XLOG.

UnionBank, via its wholly owned technology and investments subsidiary UBX Philippines Corp., recently inked an agreement with Shiptek to formalize their strategic partnership. Shiptek is owned by the Ynion Group which has been in the logistics business for over two decades.

“As an industry leader in digital banking, we continuously endeavor to co-create innovations with like-minded companies who are as obsessed in forging transformative experiences for customers. We have long sought to serve the logistics sector, and with the onset of digitization, the introduction of platforms like XLOG, represents the industry's movement from traditional methods to electronic. And with such change, it is vital for the bank to continue to be relevant to its customers by being present,” said UnionBank President and CEO Edwin Bautista.

Savor Cool Mountain Weather and the Tropical Sun at Vireya in Tagaytay Highlands

Nestled in the highest point of The Midlands is Vireya
 which overlooks the mysterious Mount Makiling and the majestic 
Taal Lake---blending the elements of nature with modern 
architecture---in a tropical-themed community set in a lavishly 
green landscape and perfect for those seeking to savor 
the cold Tagaytay weather the whole year-round.

Yearning for the cool mist of the mountains, while lured by the warmth of the tropics? Let’s face it: a lot of Filipinos do. This is why during the hot and humid summer, many drive up north for the chilly weather or book for “staycations” in the metro’s plush hotels—then troop to the beach for some fun in the sun. 

The good news now is Filipinos can savor year-round cool weather and, at the same time, enjoy a sunny ambiance at Tagaytay Highlands’ Vireya, a residential enclave where the warmth of the tropics meets the cool breeze of the mountains.

Cashless Shopping Race

The aspiration of the Bangko Sentral ng Pilipinas (BSP) for the country is to transform a fifth of total volume of transactions to non-cash methods by 2020.

Achieving this goal might sound to be a bit of a stretch, but it is highly doable, as the signs of the time point to two things — that Filipinos are now more receptive to disruptive technology and that handling cash is quickly becoming a thing of the past.

Coding the future of payments: GCash breaches 50k QR merchant mark

The use of QR for mobile digital payments is very popular in various emerging and developed economies. In China, for example, mobile digital payments account for over half of the country’s total transaction volumes.

In the Philippines, the use of the said technology is still in its nascent stage, and has yet to see an explosion in usage today. 

Despite this GCash, operated by Globe Fintech Innovations Inc. (Mynt), sees the value of setting up as many QR-enabled merchants as possible, as it believes that the future of mobile digital payments lies on innovative technologies. 

Angkas Joins Fintech Philippines As E-Commerce Advisor

Angkas, the very first app-based motorcycle ride-hailing service in the Philippines, has joined the Fintech Philippines Association (FPh) as advisor to the board of trustees. This was announced in the April edition of FPh’s monthly forum held recently at The Ark in Makati City.  

Dubbed the “Fintech April Mixer,” the forum saw major players in financial technology and related industries coming together to discuss the role of transport and logistics in the rising e-commerce industry as well as issues related to water technology and social enterprises.

Radiowealth Finance expands its vehicle loan offerings with Carmudi partnership

Owning your first (or even your 3rd) vehicle is one of the major investments that used to take years and years of saving up.  After saving up for the downpayment, you still have to tackle a lengthy, confusing, and exhausting loan application process.

Radiowealth Finance breaks down the boundaries to car ownership through a collaborative partnership with Carmudi, the Philippines’ #1 Online Automotive platform, in its aim to fast track vehicle ownership, especially among the majority of Filipinos who are in the market to purchase pre-owned vehicles.

Amaia’s new residential project to rise in Quezon City

Amaia Land Inc. is on a roll in Quezon City. With its highly touted
new mid-rise condominium project set to be launched mid-2019,
 it’s all systems go for this 9-storey building which sits on a 1.7hectare
prime land, beckoning to aspiring homeowners who are
“eager to be a part of it all”. 

Amaia Land Inc. will expand its reach in Quezon City by jump-starting its new project in the second quarter of 2019. This was disclosed by Raizel Matibag of Amaia Land who announced that a new mid-rise condominium is set to be launched in this premier city where progress is accelerating at an incredible pace due to the construction of the MRT line 7 and with the proposed Metro Manila Subway in the works. 

To be located in the high-density locale of Quirino Highway and Tandang Sora Avenue, Amaia Land’s new condominium will rise on a 1.7 hectare prime land, beckoning to aspiring homeowners who are “eager to be a part of it all”—the frenzied city life, the drive to grow and prosper, and the urge to find work-life balance amid all these. This new development, after all, will be near shopping malls, universities, hospitals, government offices, and Quezon City’s entertainment and restaurant strip. The Business District of Quezon City is a short drive or commute away, too.