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ChinaBank and UnionBank have announced they will extend free interbank transfer until 31 March 2021, while RCBC will also do the same until 31 January 2021.
ChinaBank, UnionBank, interbank transfer, RCBC, instapay, PesoNet
Union Bank of the Philippines has become a member of global banking standard organisation Banking Industry Architecture Network (BIAN), according to the official press release.
UnionBank, Philippines, BIAN, banking standard, Banking Industry Architecture Network, banking technology, banks, fintech, technology provider, banking
The UnionBank of the Philippines and Lazada online shopping center have announced the launch of the country's first ecommerce debit card, according to ATMmarketplace.com.
UnionBank, Lazada, ecommerce, debit card, retail, merchants
GoBear, UnionBank, Lending-as-a-Service, partnership, Philippines
The Philipines’ UnionBank has issued its own stablecoin, PHX, according to local media outlet PhilStar Global.
UnionBank, stablecoin, cryptocurrency, remittances, banks, Philippines, PHX, blockchain
UnionBank has become the first Philippines-based bank to pilot a blockchain-based cross-border remittance from the Philippines to Singapore, reports Jane Connolly from FinTech Futures.
UnionBank, blockchain, cross-border remittance, payments , financial inclusion
Union Bank’s fintech subsidiary UBX has teamed with OneConnect to build a blockchain enabled platform geared towards financing MSMEs in the Philippines.
UnionBank, OneConnect, supply chain finance, partnership, Philippines, MSME, UBX, financing , bank, blockchain, distributed ledger technology