#union bank

Digital banking pioneer, the Union Bank of the Philippines (UnionBank) has entered Metaverse in partnership with Filipino blockchain startup ‘Ark of Dreams’ (AoD). Aguda, Chief Technology & Operations Officer and Chief Transformation Officer at UnionBank. We are looking forward to a long-term partnership with UnionBank to provide value to our community and to keep innovating in this space,” said Jason dela Rosa, founder of AoD. The partnership is intended to familiarize everyone into Metaverse thru collaborative ideation and co-creation of experiences and products among AoD, UnionBank, and the SME community. “With this partnership, the integration of a suite of financial services with UnionBank’s innovations merged with the principles of Blockchain technology through a gamified NFT platform that is Ark of Dreams, there are unlimited possibilities to serve the whole ecosystem. This move makes UnionBank the first Philippine bank in the Metaverse, which means that their services can be utilized within the Metaverse beginning with the Ark of Dreams virtual space. Union Bank of the Philippines teams up with Western Union, PERA HUB for a seamless and reliable way to receive Western Union remittances in real-time through their UnionBank Online app. According to Union Bank, they aim to address activities like shopping for groceries, doing bank transactions, and sending and receiving remittances that have been hampered due to COVID-19, giving the option for families to claim remittances instantly from the safety of their own homes. Read more in our articles including "UnionBank enters Metaverse thru Filipino blockchain startup" and "UnionBank app now accepts Western Union remittances".