Philippines-based UnionBank chooses IBM Cloud to develop new apps

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UnionBank apps APIsUnionBank, a technology-savvy bank based in the Philippines, announced this week that it will use the IBM Bluemix platform to develop new customer-facing apps.

The bank is looking to provide customers with a richer menu of services by embracing APIs, and it will use IBM API Connect to make that happen. The IBM Cloud-based service will help UnionBank quickly create, manage, secure and run APIs that the bank used internally and scale them for external use.

The collaboration with IBM Cloud is just the latest e-banking innovation for UnionBank. Its EON tool, an internet-based deposit account with no minimum balance, was an industry first. In March, it launched New EON, a revamped version of the platform. UnionBank also developed OneHub.Gov, an integrated web platform for e-government initiatives.

IBM Philippines President and Country General Manager Luis Pineda said, “This is just the beginning of a long term relationship that has the potential to not only change, but improve banking in our country.”

Read more at Banking Technology.

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