News

Third telco will boost financial inclusion: Espenilla

Jan Yumul, ABS-CBN News
Posted at Sep 13 09:10 PM

Bangko Sentral Governor Nestor Espenilla Jr. believes the entry of a third major telecommunications player will be a big boost to the central bank's drive for digital financial inclusion. Read more »

Hong Kong's digital banking push pits tech newcomers against old-guard lenders

Sumeet Chatterjee and Alun John, Reuters
Posted at Aug 30 05:57 PM

The deadline for the first batch of applications is Friday, and others expected to apply include Bank of China (Hong Kong), Chinese smartphone maker Xiaomi and online insurer ZhongAn, said the people and local media reports. Read more »

UnionBank bets big on virtual reality, iPads as it levels up digital banking

Cathy Yang, ABS-CBN News
Updated as of Sep 14 09:26 PM

Virtual reality is probably not the first thing that comes to mind when people visit a bank branch, but for UnionBank, VR is a tool that can change not just how people view banks but the banking experience itself.  Read more »

How biometrics can help fight bank fraud

ABS-CBN News
Updated as of Jan 16 01:53 PM

Unionbank EON on Tuesday pushed for biometrics as the banking industry increased its defenses against the rising risk of fraud. Read more »