Temenos, the global banking software company, today announced a partnership with UBX, the fintech subsidiary of UnionBank of the Philippines, the seventh-largest bank in the Philippines. The UBX partnership with Temenos aims to deliver digital banking to millions of people in the Philippines in the next five years. The partnership will give UBX partner financial institutions access to Temenos’ integrated and highly scalable core banking software. Together, they will enable rural banks, microfinance entities and cooperatives in the Philippines to digitize their financial operations quickly and in a cost-effective way.
UBX has developed a range of plug-and-play services to help rural banks reach unbanked and underserved customers in remote communities through digital banking.