In a period defined by technological innovation and digital transformation, UnionDigital Bank, the digital bank subsidiary of Union Bank of the Philippines, emerged as a leader in digital banking as it secured the distinguished title of the ‘Best Digital Bank in The Philippines’.
MANILA, PHILIPPINES, March 18, 2024 – In the Philippines, despite the financial industry’s recent attempts at digitalization, customers still face significant hurdles when it comes to accessing credit products. A recent study by TransUnion Philippines showed that 94% of Filipino Gen Zs see the importance of credit and lending products to reach their financial goals. …
Continue reading Zed launches first credit card created for Filipino young professionals
This 2024, a new trend called 'loud budgeting' is gaining popularity, encouraging people to openly discuss their finances without feeling embarrassed. Contrary to the 'quiet luxury' trend of the past year, loud budgeting helps Filipinos be more honest about their financial situation, leading to greater empowerment in managing their money. This Valentine's Day, let's celebrate …
Continue reading Embracing ‘Loud Budgeting’ as a Love Language this Valentine’s Day
MANILA, PHILIPPINES—President Ferdinand Marcos Jr. underscored strategic collaboration with diverse domestic and international stakeholders to position the Philippines as a hub for digital innovation and entrepreneurship. This was highlighted during his keynote address at the Singapore Fintech Festival (SFF) 2023, the world’s largest fintech event, where he made history as the first statesman to deliver …
In an era where finding a reliable, dedicated, and responsible kasambahay has become an increasingly complex task, we are reminded of the invaluable role they play in our lives. They are the quiet yet powerful force that enables us to navigate our busy routines and create cherished moments with our loved ones. Among those who …
Continue reading From Nanny to Family: The Extraordinary Journey of Luis Manzano and Yaya Cindy
MANILA, PHILIPPINES — Backbase, the global pioneer of Engagement Banking, announced the release of the APAC-focused Infobrief, "Accelerating Customer-Centric Transformation by Balancing Build and Buy - A Collaborative Approach Towards Sustainable Digital Banking Architecture." Developed by global market intelligence firm IDC, and commissioned by Backbase, the in-depth report draws insights from 125 banks and 316 CIOs …
UnionDigital Bank, the digital bank subsidiary of Union Bank of the Philippines, was recently awarded as the "Best Digital-Only Bank" at The Asian Banker Excellence in Retail Financial Services and Technology Innovation Philippines Awards 2023. The recognition was a testament to UnionDigital's exceptional performance, underpinned by its robust fintech capabilities, strong support from the Bangko …
MANILA, PHILIPPINES – UnionDigital Bank, the digital bank subsidiary of Union Bank of the Philippines, is one of the fastest digital banks in the world to achieve profitability. It attained a triple-digit percentage growth in its net income during the first half of 2023 compared to the second half of 2022. The Aboitiz Group-led digital bank, …
Continue reading UnionDigital Bank Wins Profitability Race in PH Digital Banking
MANILA, PHILIPPINES—UnionDigital Bank (UD) secured a capital infusion approval of up to P900 million from its parent bank, Union Bank of the Philippines. This latest additional infusion will help drive the digital bank’s expansion, particularly in digital loans which will soon be launched in the UD app. This capital boost will enable UD to expand …
MANILA, PHILIPPINES—UnionDigital Bank, the digital bank subsidiary of UnionBank, has recently partnered with HUAWEI, a global technology leader, to bring innovative financial services to more people in the Philippines by tapping into the tech company’s ecosystem of services and 7 million customer base. Through the strategic collaboration, the UnionDigital Bank app is now available on …
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