Search Results for "unionbank"

UnionBank and OCBC Pilots Blockchain Based Remittance from Singapore to the Philippines

UnionBank of the Philippines recently became the first Philippine bank to successfully pilot blockchain-based remittance from Singapore to the Philippines. This was done in partnership with OCBC Bank, Singapore, using the Adhara liquidity management and international payments platform. Amid a

Read More

UnionBank to Launch a Blockhain Powered SME Financing Platform with OneConnect

OneConnect announced today, their partnership with Union Bank’s wholly-owned fintech subsidiary UBX to build what they claim to be the country’s first blockchain enabled platform geared towards meeting the banking needs of MSMEs in the Philippines. According to their press

Read More

UnionBank Eyes Investing US$9.6 Million Every Year in Fintech

Philippines’ UnionBank has expressed their intention to invest around $US 9.6 Million into incubating or buying technology ventures where financial services could be wired into, and they’ll be refreshing the fund every year, according to Inquirer.net, UnionBank is among Philippines’

Read More

UnionBank Sets Up Bitcoin ATM in Manila

Bitcoin machines are on the rise worldwide. Currently, these devices are in 76 countries and now the Philippines have been added to the list. In the capital Manila, the first Bitcoin ATM was set up by UnionBank and Philippine’s central

Read More

UnionBank-IBM Blockchain Venture Seen to Revolutionize Trade Finance in Philippines

UnionBank of the Philippines has set its eyes on revolutionising the supply chain finance in the Philippines through its tie-up with tech giant IBM. IBM Philippines chief technologist Lope Doromal Jr disclosed that UnionBank and IBM are working on a

Read More

7 Key Announcements from Singapore Fintech Festival 2019 (Day 3)

Wednesday marked the third day of the annual Singapore Fintech Festival, the world’s largest fintech gathering taking place this week at Singapore EXPO. This year, Singapore Fintech Festival put a major focus on sustainability and green finance, an area where

Read More

Essential Tips for Incumbents Looking to Work with Fintech Startups

The fintech ecosystem has grown tremendously, it is a fact that is obvious to anyone who is paying even the slightest attention to the space. As the ecosystem grows, so does the difficulty of navigating it become. Given that incumbent

Read More

What are Stablecoins and Why Is it Growing in Asia?

Stablecoins are cryptocurrencies designed to minimize price volatility, it is often praised for offering the advantages of cryptocurrencies, including transparency, efficiency and low transaction fees, while overcoming the wild price swings inherent to the likes of bitcoin and ether. Proponents

Read More

7500+ Industry Experts Gather to Transform the Future of Fintech and Retail in Philippines

On 25 & 26 September at SMX Convention Center Manila, Pasay City, Seamless Philippines 2019 will open its doors, bringing together the entire Philippines’ commerce & finance ecosystem to innovate, transform and disrupt. On the morning of 25 September, Guest-of-Honour,

Read More

China’s Insurance Giant, Ping An Considering Digital Banking License in Singapore

Ping An’s fintech unit OneConnect, is considering to apply to Singapore digital banking license, according to a recent Bloomberg report. The insurtech giant was ranked by Forbes as the largest insurer in 2018 valued at US$ 217 billion, Its fintech

Read More