ABOITIZ-LED Union Bank of the Philippines (UnionBank)

ABOITIZ-LED Union Bank of the Philippines (UnionBank) is strengthening its “digital transformation journey” with its hackathon collection this yr a good way to awareness on growing solutions in banking and e-commerce.

Dubbed as “<U>HACK & PL@Y”, UnionBank objectives Information generation college students and experts for a chain of seminars, wherein the members will face demanding situations in e-trade or SME equipment and how to include new technology solutions in banking which include artificial intelligence, augmented and virtual fact, identity authentication, robotics and facts analytics.

It stated this hackathon will provide UnionBank with the capacity to build its pool of virtual abilties through both hiring or partnering with them to help the bank supply agile and rapid improvements.

“This is a part of a far larger virtual adventure of UnionBank. All folks right here, that’s what we do—reflect onconsideration on virtual transformation. We want to explain what it way for our customers and for us,” Ramon Duarte, UnionBank senior vice president (SVP) and head of Technology Solutions Group, stated in a information convention on July thirteen.

“We either transform digitally or we die. This is in which we see the industry going inside the destiny. We have to alternate the way we do everything and the manner we assume our customers to financial institution with us,” he endured.

Duarte mentioned that through UHack, people can expect a digitally converted banking enjoy with UnionBank.

“We have new things coming within our apps, you can assume matters to be changing in our branches—and UHack is part of that initiative,” he said.