Philippines UnionBank Set to Launch Crypto ATM
UnionBank said this cryptocurrency ATM offering is in line will all applicable regulations, particularly the ones set by the Philippine Central Bank.
IBM Working With UnionBank for Blockchain-based Supply Chain Finance Solution
Being on the same blockchain network, everyone involved in a transaction can see and act on the same ledger.
Kaleido to Offer the First Blockchain as a Service Subscription
This will help 78% of executives that feel like that if they don’t implement blockchain technology in their business, they will lose their competitive edge.
UnionBank Has Signed Up 130 Rural Banks for Blockchain Project
UnionBank reveals it has spent Php 6 billion on technology for the past 3 years, conceding that the bank has to “digitize or perish.”
Union Bank also uses Artificial Intelligence aside from Blockchain
Launched last year, its Integrated Operations Center (IOC) oversees the bank’s overall operations.
Union Bank Opens Blockchain Institute
The Institute aims to teach developers not just blockchain codes but also actual use cases and blockchain solutions.
Philippines Union Bank Joins Blockchain-based Interbank Network
Union Bank will be part of an expanded network that facilitates cross-border payments across the major markets including North America and Europe.
Union Bank Continues to Adopt Blockchain in Internal Processes
Union Bank of the Philippines is cutting operational costs by moving more of its internal processes on the blockchain.
Union Bank’s Blockchain Project i2i Targets November 2018 Major Launch
Project i2i is initially piloted by 5 Mindanao rural banks, including Cantilan Bank Inc, PR Savings Bank, City Savings Bank, FairBank, and Progressive Bank.
PH BSP and Universal Banks are Exploring Distributed Ledger Technologies
The Central Bank of the Philippines and some universal banks are exploring distributed ledger technologies like blockchain to speed up banking transactions.