Sunday, July 31, 2022

UBX, KMBI join forces to break new ground in microloan processing

UBX, the leading open finance platform in the Philippines, has joined forces with Kabalikat para sa Maunlad na Buhay, Inc. (KMBI) to break new ground in the arena of microloan processing by providing sustainable digital solutions for low-income communities nationwide.

With the partnership, UBX’s portfolio venture BUx, the country’s leading payment gateway, has digitized the processing of payments for microloans, making it convenient and secure for members of KMBI to pay their loans with a variety of options: online banking, e-wallets, and over-the-counter at select payment partner outlets.

Saturday, July 30, 2022

Eat healthy and get a chance to win the newest Apple Watch Series 7 through Pru Life UK’s AI-powered app, Pulse

Encouraging Filipinos to develop winning habits for a healthier lifestyle

Leading life insurer Pru Life UK is encouraging Filipinos to eat healthier while getting a chance to win the latest Apple Watch Series 7 as it launches the Vegethon Challenge promo on Pulse, its AI-powered health and wealth app.

In celebration of Nutrition Month this July, the Vegethon Challenge aims to help Pulse users develop healthier eating habits by incorporating more fruits and vegetables in their daily diet.

“At Pru Life UK, our mission is to help Filipinos lead healthier and wealthier lives so that they can get the most out of life.  We are inviting Filipinos to start a healthier diet and track their nutrition. Through this new activity along with the other health and fitness features on Pulse, we offer a holistic approach to health and wellness to Filipinos,” said Pru Life UK Senior Vice President and Chief Customer and Marketing Officer Allan Tumbaga.

Tuesday, July 26, 2022

GoTyme Bank invests in security measures through state-of-the-art technology ahead of launch

Gokongwei Group-backed GoTyme Bank adopts the latest security tools in response to consumers’ growing cybersecurity concerns.

GoTyme Bank, a partnership between the Gokongwei Group and Singapore-based digital banking group Tyme, is optimizing its tech and security measures ahead of its launch. In 2021, the bank received its license to operate in line with the Bangko Sentral ng Pilipinas’ goal of digitizing 50% of all payments and having 70% of Filipino adults into the banked population by 2023.

Amid incidences of phishing, malware, ransomware, fraud, identity theft, and social engineering in the banking industry, GoTyme Bank has heavily invested in the best cyber security controls to strengthen its defenses. Social engineering is the act of deceiving individuals in order to manipulate them to disclose confidential or personal information, such as one-time pins (OTP) or passcodes.

Monday, July 25, 2022

Industry heavyweights share their expertise at 3-day MSME Fiesta Sulong Negosyante

ICSB & UnionBank-powered event focused on empowering entrepreneurs through knowledge-sharing

The International Council for Small Business Philippines (ICSB PH) and Union Bank of the Philippines (UnionBank) recently held a three-day conference and expo for micro, small, and medium enterprises or MSMEs to empower the entrepreneurs and enable them to thrive in the digital economy. The event was held at the Resorts World Manila in celebration of the United Nations' (UN) International MSME Day, observed annually every 27th of June.

Prior to the fiesta, several experts from the public and private sectors as well as the academe gathered at The Sheraton Hotel for a panel discussion that tackled the most pressing issues concerning the MSME industry.

Wednesday, July 13, 2022

León Gallery, UnionBank team up for talk on convergence of traditional and NFT art

Filipino NFT artist Jose Antonio Reyes and UnionBank’s Digital Asset Markets Unit to lead discussions

The merging of traditional art and non-fungible token (NFT) art has undoubtedly unlocked new possibilities for artists and collectors today. However, with NFT technology being relatively new especially in the Philippines, many are still wondering what this is and are trying to understand the technology. Such a scenario may be preventing the full realization of its potential to revolutionize art.

To address this, Union Bank of the Philippines (UnionBank) and León Gallery have collaborated for a discussion to facilitate timely and relevant conversations on NFT art. Focus will be the convergence of the traditional and NFT art spaces and how artists and collectors can navigate the emerging landscape much easier.

Tuesday, July 12, 2022

Home Credit’s Health Secure offers year-round protection against COVID-19 and vaccine side effects

Health Secure is Home Credit’s latest addition to its protection initiatives covering personal accidents, COVID-19 and vaccine-related complications

As the threat of surge in COVID-19 cases remains, leading consumer finance company and digital financial service provider Home Credit Philippines (HCPH) launches Health Secure with COVID-19 coverage. This latest addition to Home Credit Protect’s wide array of products reiterates the company’s commitment to advocating proactive measures to keep its customers safe and protected.

Health Secure offers protection not only for personal accidents resulting in dismemberment, disability and death but also for COVID-19-related complications, including vaccine side effects. For only PHP 1,212, you can get 12 months of comprehensive COVID-19 coverage, which can easily be availed through the My Home Credit app and paid through Home Credit Pay.

Monday, July 11, 2022

UBX, Post Office partner to drive financial, social inclusion towards digitally transformed community financial centers

UBX, the leading open finance platform in the Philippines, has teamed up with the Philippine Postal Corporation (Post Office) to launch Kasama Lahat, a capacity development project which will transform the country’s premier postal agency into a modern hub that offers financial and data services for everyone in the community.

“The Post Office Digital Innovation signifies the commitment and support of the Post Office especially under the new administration of President Ferdinand Romualdez Marcos Jr. in serving the public who deserve no less than the best postal service by global standards’, Postmaster General Norman Fulgencio said.

Under the partnership, UBX will provide the necessary technical knowledge in digital finance and open finance to hasten the Post Office’s digital transformation journey. With its ubiquity and reach, the Post Office is well-positioned to provide its customers necessary financial services, promoting financial and social inclusion, especially in far-flung areas.