258 views

UnionBank launches forex mobile platform

Customers will be able to access forex rates throughout the day.

UnionBank of the Philippines has partnered with Solace to power its real-time foreign exchange (forex) trading services, the bank announced in a press release.

Using Solace’s PubSub+ Platform, UnionBank can now stream real-time forex rates from its market data vendor to its customers’ mobile devices. This allows customers to access forex rates in real time throughout the day instead of being limited to stale rates updated only once per day.

Solace will also work with UnionBank to connect existing legacy systems with new applications whilst complying with protocol requirements, so UnionBank can facilitate the streaming of customer events from its banking system to the rest of its enterprise.

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Westpac appoints Kate Dee as chief people officer
She has been the chief people officer of Bupa Asia Pacific since 2018.
Retail Banking
SMBC inks MOU to explore commercialization of stablecoins
They will explore technical, regulatory, and market infrastructure requirements for it.
ICBC’s risk diversification supports resilience amidst China’s slowdown
Capitalization should be sufficient despite ICBC not being included in the first round of the government’s capital injection.
Retail Banking

Exclusives

RCBC boosts rural presence with ATM Go
The service, which allows cardless transfers, is now available in all Philippine cities.
BCA superapp drives digital transaction growth
Inter-account transfers were the most widely used service, followed by virtual payments.