#unionbank — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #unionbank, aggregated by home.social.
-
Apple Pay arriva nelle #filippine per utenti iPhone e Apple Watch. Il sistema supporta carte di credito e debito di banche come #unionbank e #metrobank per pagamenti contactless rapidi. https://kiro.it/pBPRL
-
Apple Pay PH: Filipinos share iPhone, Apple Watch payments; here are supported banks
-
https://news.cnyes.com/news/id/6448060
表現不錯，大家繼續支持他吧！
他也剛剛成為Maicoin大股東之一，沒有很久，非常有野心的金控集團。
#taiwan #crypto #unionbank -
Union Bank of the Philippines Drives Customer-Centric Innovation with Amazon Web Services
Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Union Bank of the Philippines (UnionBank), one of the country’s leading banks, has successfully implemented Amazon Quick Suite to revolutionize how its business users across multiple departments access and analyze data.
As the first bank in the Philippines and among the first in ASEAN to leverage the generative AI capabilities of Amazon Quick Suite, UnionBank is enabling business users spanning operational units, technology teams, product development and customer-facing functions to query data using natural language.
Transforming Banking Analytics Through Generative AI
Transformation at UnionBank means fostering an agile, empowered, and customer-centric mindset that drives real innovation. By harnessing data and AI, UnionBank can anticipate needs and deliver intuitive, personalized banking experiences that simplify finance and expand access.
However, realizing their vision of becoming a truly data-driven organization requires UnionBank to take proactive steps to address a key operational challenge.
Traditionally, UnionBank’s business users relied heavily on data teams and technical specialists to generate reports, create dashboards, and extract meaningful insights from their data repositories. While effective, this dependency limited agility and slowed decision making.
UnionBank recognized that to remain competitive and serve customers better, they needed to empower their over 200 business users across their business units to independently access, analyze, and visualize data with Amazon Quick Suite.
This strategic move positioned UnionBank to not only streamline operations but also strengthen its competitive edge through data democratization and advanced analytics.
By doing so, UnionBank would unlock faster, smarter decision-making, allowing teams to answer critical business questions like “why did customer acquisitions drop this month?” in natural language, uncover hidden patterns such as fraudulent activities, and deepen customer understanding.
UnionBank’s implementation of Amazon Quick Suite makes data analytics accessible to non-technical users, delivering transformative results across the organization.
The solution enables business users to generate insights and create dashboards without requiring specialized technical skills.
Users can build their own dashboards and independently adjust their own parameters to get answers in real time, significantly reducing dependence on IT resources. Once the end state is achieved, business teams will experience up to five timesfaster data request turnaround times.
“Data is the foundation of any successful AI transformation in banking, and AWS’s generative AI capabilities have enabled us to fundamentally transform how we approach data-driven decision making at Union Bank,” said Dennis D. Omila, UnionBank’s Chief Transformation Officer.
“By empowering our business teams with direct access to analytics through natural language, we’re not just improving operational efficiency; we’re democratizing data insights that enable us to better serve our customers and stay ahead in the rapidly evolving financial services landscape. This positions UnionBank as a leader in digital banking innovation across the Philippines and ASEAN region.”
The implementation of the solution allowed for real democratization of data and access, enabling the Bank to realize ~30% lower cost to operate. Current use cases are in the areas of campaigns and account management. Faster time to market and cost management translates to lower costs for the Bank, which then results in better pricing for customers.
“AI adoption in the Philippines is growing at 50% year-on-year, and financial institutions are rapidly adopting generative AI and agentic AI to drive financial inclusion and create personalized services. UnionBank exemplifies this transformation,” said Precious Lim, Country Manager, AWS Philippines.
“With Amazon Quick Suite, UnionBank is improving internal efficiency while positioning itself to deliver easier access to financial services and better customer experiences to Filipino customers through data-driven insights.”
https://twitter.com/tbcnewsph/status/1978478530527928676?s=46
#2026 #apps #ArtificialIntelligence #AWS #BUSINESS #latest #news #Philippines #Technology #Unionbank
-
Philippines begins Peso-backed stablecoin sandbox testing - The test aims to evaluate PHPC's real-world performance, its impact on t... - https://cointelegraph.com/news/philippines-central-bank-peso-stablecoin #financialinclusion #regulatorysandbox #digitalcurrency #cryptocurrency #philippines #centralbank #i2iplatform #stablecoin #unionbank #pesos #phpc #phx
-
#ICYMI, today is #Citibank' #Philippines' last day of operation. The site and app will be offline at 7:00 pm (GMT+8).
I downloaded all my recent transaction activity and purchases pending in case #Unionbank screws up during the migration.
-
Just got an email yesterday from #UnionBank that they're soon weaning of #Citibank's branding. I'm now even more cautious about using my credit card since I just received notice about a change in their interest policy on installment purchases. #Philippines
-
Union Bank of the Philippines Secures Central Bank License to Offer Crypto Trading - Philippine’s Union Bank has become the first and only bank in the country to receive a li... - https://cryptonews.com/news/union-bank-of-philippines-secures-central-bank-license-offer-crypto-trading.htm #blockchainnews #philippines #unionbank
-
@[email protected] Not sure for your specific use case, but #BPI and #UnionBank have been our go to bank, as a local. Brick-and-mortar branches are helpful. Online support… I guess that depends.
Best way to transfer, yes, Western Union. AFAIK, they're the only ones that is easy to setup and have a cheaper currency conversion rate. If bank, you'll have to contact their support via Twitter so they can give you their SWIFT code and other necessary information for international wire transfers. Don't rely on what's listed on third-party websites, those are not updated (like for BPI, they consolidated all their SWIFT codes a few years ago).
There are also transfers through Coins.ph. But, personally, wait until they offer #XLM (Steller) and #XRP (Ripple) so you get a good rate. -
Banks write off bad loans worth Rs 2.09 lakh crore in 2022-23: RBI
The RBI’s RTI reply to The Indian Express says that loan write-offs by banks rose to Rs 209,144 crore during the fiscal ended March 2023 as against Rs 174,966 crore a year ago in March 2022 and Rs 202,781 crore in March 2021.
#banking #LoanWriteOffs #BadLoans #GNPA #SBI #PNB #UnionBank #BankOfBaroda #CentralBankOfIndia #banks #RBI #economy #RTI #india
-
@spottyfox Your current bank doesn't have good online banking? Well that's a bummer. 😕
Do you guys have #UnionBank (orange logo) there? Never tried it but heard good things about it as an online bank.
The best #OnlineBanking for me is #HSBC, mainly due to them providing a proprietary watchamacallit security thingy since over a decade ago. I forget what it's called. 🤔
... unlike some banks here that still* use #SMS or nada zero zilch for #2FA. 🤷♀️
-
Fintech Giant Fiserv Used Unclaimed Domain https://krebsonsecurity.com/2021/03/fintech-giant-fiserv-used-unclaimed-domain/ #defaultinstitution.com #ALittleSunshine #TCFNationalBank #CreditOneBank #AbrahamVegh #UnionBank #CashEdge #Netspend #Popmoney #fiserv #Zelle