UBX, the leading open finance platform in the Philippines, has teamed up with Tambunting (Tiwala Sa Padala Co. Inc.) to transform the country’s leading remittance service company into a modern hub that offers a spectrum of digital financial services.
Under the partnership, i2i, the banking banking-as-a-service platform of UBX, empowers Tambunting counters to roll out its open finance platform to its branch network, connecting it to platforms and agents in over 10,000 locations in the country. With its ubiquity and reach bolstered by the reliable digital solutions of UBX, Tambunting is set to expand its financial services with ease and convenience, especially for those in the countryside.
“We believe in the spirit of collaboration to deliver financial services to our clients. As a mature organization with a storied history, we believe that actively embracing digitalization is not just an option, but a responsibility. Our alliance with UBX is a strategy and a testimony to our commitment to continuously deliver best-in-class services to our customers,” Tiwala sa Padala Director Ramon Tambunting said. As the demand rises for more digital channels in everyday services, Tambunting brick-and-mortar branch, powered by i2i, can quickly deliver a wide range of financial services such as deposit taking, loan origination, remittance, e-wallet cash-in, bills payments, and other products and services to its clients with an added customer experience that is simple and reliable.
“UBX puts financial inclusion at the highest degree of importance. Powering Tambunting branches as it ventures into open finance is truly a great honor, as we both share a commitment to promoting accessibility of financial services and bringing these closer to the everyday Filipino,” UBX President John Januzczak said.
Source: ManilaTimes
