Is the open banking ecosystem that's increasingly being adopted in the digital economy good or bad? How will this impact on the data privacy of consumers? These and other questions were discussed during the 14th edition of Union Bank of the Philippines' (UnionBank) virtual roundtable series E-TalkTales, which was held recently via Zoom. It was led by UnionBank's Fintech Business Group Head Erika Dizon as the main speaker. In her presentation, Dizon explained that open banking promotes data sharing in banking services while open finance promotes data and ... Continue Reading...
New digital normal & other 2021 highlights from UnionBank
"The pandemic created this shift to digital, which we now refer to as the “new digital normal”. We changed the way we live, the way we travel, the way we interact with one another, and basically we've changed forever in terms of how we transact in the financial sector," thus said UnionBank Senior Executive Vice President, Chief Technology and Operations Officer, and Chief Transformation Officer Henry Aguda during the recent media roundtable series E-TalkTales which summarized the bank's performance for the year. In the virtual event, Aguda recalled how ... Continue Reading...
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