February 4, 2023

Eureka News

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UnionBank ‘Techs Up’ at Singapore FinTech Festival 2022 again

UnionBank stood out on the global stage at the recently concluded Singapore FinTech Festival (SFF) for the fifth consecutive year as the Philippine bank’s only gold sponsor, representing the “Tech Up Pilipinas” advocacy, the cornerstone of its digital strategy.

UnionBank has been part of the annual festival since 2018 and works with the largest banks in the region. This year more than 60,000 attendees, more than 850 speakers and more than 500 exhibitors attended the event, a testament to its status as “the world’s most influential fintech event”.

The UnionBank delegation, led by Chairman Erramon I. Aboitiz and President and CEO Edwin R. Bautista, showcased the key business areas that are the pillars of their digital journey at a two-story exhibit booth in the Expo’s priority sponsors area.

Breakthrough blockchain, data analytics and artificial intelligence technologies developed by UnionBank were showcased on the stand’s patent wall, while the bank’s digital journey was prominently showcased in the stand’s central area. Notable was the video showing UnionBank’s groundbreaking acquisition of Citi’s “crown jewel”.

SEC Commissioner Kelvin Lester K. Lee (left) with UnionBank Chief Marketing Officer Albert Cuadrante and UnionDigital PCEO Arvie De Vera

The numerous screens on the stand showed how UnionBank’s technological innovations touched their customers, while top-class UnionBankers were on hand to tell the deeper stories behind.

In addition to collaborating with customers, entrepreneurs, investors, governments, financial services providers and technology leaders, senior executives from UnionBank Group chaired roundtables and speaking sessions throughout the various phases of SFF 2022. Corporate clients were also invited to listen to globally and locally relevant presentations at the festival, reflecting the affect the financial sector.

From left – Anton Corro, Chief Cross-Sell Officer of UnionBank, Mamerto Tangonan, Deputy Governor of BSP, and Erramon I. Aboitiz, Chairman of UnionBank

Philippine government dignitaries visiting the UnionBank booth included Bangko Sentral ng Pilipinas (BSP) officials, Deputy Governor Chuchi Fonacier, Deputy Governor Bernadette Romulo-Puyat, BSP Deputy Governor Mamerto Tangonan and Director Mhel Plabasan ; Kelvin Lester K. Lee, Commissioner of the Securities and Exchange Commission (SEC); and Secretary of State for the Department of Budget and Administration Maria Francesca Montes-Del Rosario.

Union Bank of the Philippines (UnionBank) has always been among the first to embrace customer-centric technological innovation, and as such has consistently been recognized as one of Asia’s digital pioneers and ranks among the country’s leading universal banks in terms of profitability and efficiency . It has received a record-breaking number of awards and recognitions, such as Most Recommended Retail Bank in Asia Pacific from BankQuality.com; 5-time Digital Bank of the Year by The Asset Triple A; Asia Pacific’s Digital Trailblazer by IDC Asia Pacific and Top 1 Most Helpful Banks in the Philippines During COVID-19 BankQuality.com.

The UnionBank booth is graced by BSP Deputy Governor Chuchi Fonacier and Director Mhel Plabasan (2nd and 3rd from right), UnionBank President and CEO Edwin Bautista (3rd from left) along with (from left) Board Director Roberto Manabat, UnionDigital President and CEO Arvie welcomes De Vera and Henry Aguda, CTOO/CTO of UnionBank.

UnionBank’s participation in the Singapore FinTech Festival, which is expected to be almost an annual endeavor, is a testament to their promise to advance the future of banking through “Teching Up Pilipinas” to best serve the growing needs of Filipinos everywhere and their vision of building a bank of enduring greatness while driving innovation for a better world.