Until now, UnionBank introduced the following banking functionalities: (1) mobile banking through wireless application protocol-enabled cellphones; (2) launch a banking website; (3) use an online payment card through EON; (4) use a chat bot (‘Talk to Rafa’); (5) launch its stablecoin (PHX); (6) introduce mobile check deposit through its app UnionBank Online; (7) opened a fully digital bank branch in the country, The ARK; and most recently, (8) it went fully on the cloud.
Through this collaboration with Ark of Dreams, UnionBank is reportedly the first local bank to enter the Metaverse. Ark of Dreams is an NFT project meant to provide opportunities that will allow to uplift people's lives.
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