19 July 2018
Register today

Union Bank of the Philippines chooses D+H cash management tech

19 July 2016  |  3209 views  |  0 Source: DH Corporation

DH Corporation (DH.TO) ("D+H"), a leading provider of technology solutions to financial institutions globally, today announced that Union Bank of the Philippines ("UnionBank"), which provides banking products and services to more than 7,000 corporate clients, has entered into an agreement with D+H to provide it with a suite of cash management solutions.

In order to provide a better customer experience, improve return on investment and future-proof its business, UnionBank embarked on a major transformation of its cash management services business. The bank sought a technology partner that could provide a complete, end-to-end solution for its corporate customers while simplifying their IT environment and reducing time-to-market for new capabilities. UnionBank selected D+H because of its strong domain expertise and ability to provide a full suite of treasury management solutions, including payments, collections, balance transaction reporting, liquidity management, cash flow forecasting, and financial supply chain capabilities.

"UnionBank has a large portfolio of clients using our cash management services, so it is vital that we can provide them with the most up-to-date and in-demand treasury tools," says John Ong, Head of Transaction Banking, Union Bank of the Philippines. "We pride ourselves on our ability to meet our customers' transaction banking needs, with solutions that provide freedom, flexibility and efficiency, without compromising process integrity and security."

"UnionBank is a leader in cash management services in the Philippines and is now a pioneer in the area of financial supply chain in the country," says Eli Shoshani, Head of Payments Sales, Asia, D+H. "D+H is honored to have been selected as the technology partner to enable the bank to bring comprehensive financial supply chain capabilities to its customers." 

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
Visit info.nice.comVisit https://secure.vasco.comVisit http://go.jumio.com/finextraAd

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
11345 views comments | 5 tweets | 7 linkedin
Metro Bank opens developer portalMetro Bank opens developer portal
9974 views comments | 5 tweets | 14 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
9601 views comments | 6 tweets | 15 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
9096 views 19 comments | 14 tweets | 30 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
8618 views comments | 9 tweets | 17 linkedin

Featured job

Basic c Euro 120K, Variable Euro 120K - full ben...
Paris prefered London possible

Find your next job