Category: Cards/Payments

TIS Helps Treasury Teams Navigate the Ongoing ISO 20022 Transition After the 2025 Banking Deadline

Treasury Intelligence Solutions (TIS), a leading cloud-based platform for payments and cash management, is future-proofing organizations with specialized translation services in the wake of the recent November 2025 ISO 20022 deadline. A major turning point for the financial industry, SWIFT now requires banks to move their cross-border payment messages to ISO 20022. As a result, treasury teams are already seeing differences in how their banks send and receive payment information. Adapting to these changes will require a strategic approach to modernizing systems and processes.

ISO 20022 replaces a patchwork of older standards with a single approach to structuring payment data. The new universal standard is designed to reduce confusion across markets, improve data quality, and support the level of transparency that regulators around the globe now expect.

Moving to ISO 20022 payments takes time and strategic vision, especially when legacy systems, ERP, and payment systems were not built with structured data in mind. Updating those requires planning and coordination across several internal teams.

“ISO 20022 is a major industry shift, but it shouldn’t disrupt the way companies operate day-to-day,” said Wouter De Bie, Chief Technology Officer at TIS. “Our priority is making this transition seamless. By leveraging our platform’s ability to translate payment files into bank-specific formats and automatically populate ISO-required fields, we give treasury teams the flexibility to adapt at their own pace. This approach ensures stability, reduces risk, and empowers organizations to meet new standards without costly system overhauls or last-minute fixes.”

The TIS platform leverages more than 140,000 bank-specific profiles to provide comprehensive coverage of ISO bank formats. In addition, an innovative AI-powered solution addresses ISO-specific requirements such as structured address information for corporate beneficiaries. Companies that begin now to update their data and payment workflows will be better prepared for the larger changes still ahead. Those that don’t may face frustrating problems like message truncation, rejected payments, and slower processing times as unstructured formats are phased out.

“We’re already seeing the benefits of a proactive approach to ISO 20022,” said Jon Paquette, Chief of Strategy at TIS. “Organizations using our platform have implemented early bank-driven changes without payment failures or costly rework and are also leveraging our statement format conversion capabilities to avoid disruptions in reconciliation and cash applications as banks sunset MT formats and introduce CAMT. This proves that with the right tools, companies can prepare for full ISO adoption on their own timelines – maintaining stability while meeting evolving standards.”

About TIS
TIS helps CFOs, Treasurers, and Finance teams transform their global cash flow, liquidity, and payment functions. Since 2010, our award-winning cloud platform and best-in-class service model have empowered the entire office of the CFO to collaborate more effectively and attain maximum efficiency, automation, and control. TIS enables users to achieve superior performance in key areas surrounding cash forecasting, working capital, outbound payments, financial messaging, fraud prevention, payment compliance, and more.

To learn how TIS can support your ISO 20022 transition, contact us today.

CONTACT:
Blair Romain
+496227698240
blair.romain@tispayments.com

SOURCE: Treasury Intelligence Solutions

Wear the Speed, Live the Convenience: Tappy Technologies Powers the Launch of High Performance Payment Bands in Collaboration with First Abu Dhabi Bank and Mastercard

Tappy Technologies, the global leader in wearable payment solutions, is proud to announce that its secure tokenization technology is driving the launch of next-generation contactless payment bands by First Abu Dhabi Bank (FAB) in partnership with Mastercard. Inspired by the adrenaline and precision of motor racing, these bands give consumers a unique way to celebrate speed, style, and convenience in everyday life.


Wearable contactless payments Racing Ahead 

Racing spirit meets lifestyle innovation

Much like the world of motor racing where every second counts, these payment bands are designed for seamless performance. Embedded with Thales secure element chips and powered by Tappy’s tokenization technology, the bands allow users to tokenize their Mastercard cards issued by FAB through the Tappy Pay App. Once provisioned, the bands transform into secure payment devices that can be used at millions of contactless-enabled merchants worldwide.

Fast, frictionless freedom

This innovation means consumers can immerse themselves in experiences without worrying about carrying wallets or cards. Whether purchasing merchandise, refreshments, or celebrating with friends, the bands deliver a frictionless payment journey that mirrors the speed and energy of motor racing itself.

Wayne Leung, CEO of Tappy Technologies, said, “Motor racing is all about passion, speed, and precision – and that’s exactly what these payment bands represent. Consumers can proudly wear a stylish accessory while enjoying the convenience of secure, contactless payments powered by Tappy. Together with FAB, Mastercard, and Thales, we are redefining how lifestyle and technology come together to enhance everyday experiences around the world.”

About Tappy Technologies

Tappy Technologies is a global leader in wearable payment solutions, specializing in secure tokenization technology that transforms everyday accessories into powerful payment devices. Through partnerships with leading banks, payment networks, and lifestyle brands, Tappy enables consumers to enjoy seamless, secure, and convenient transactions anywhere contactless payments are accepted. With a mission to merge lifestyle and technology, Tappy continues to redefine the way people pay by embedding innovation into the things they love to wear. Learn more at www.tappytech.com.

Media Contact Details:
Suboor Ahmed
Tappy Technologies Limited
COO
suboor@tappytech.com

Wear the Speed, Live the Convenience: Tappy Technologies Powers the Launch of High Performance Payment Bands in Collaboration with First Abu Dhabi Bank and Mastercard

Tappy Technologies, the global leader in wearable payment solutions, is proud to announce that its secure tokenization technology is driving the launch of next-generation contactless payment bands by First Abu Dhabi Bank (FAB) in partnership with Mastercard. Inspired by the adrenaline and precision of motor racing, these bands give consumers a unique way to celebrate speed, style, and convenience in everyday life.


Wearable contactless payments Racing Ahead 

Racing spirit meets lifestyle innovation

Much like the world of motor racing where every second counts, these payment bands are designed for seamless performance. Embedded with Thales secure element chips and powered by Tappy’s tokenization technology, the bands allow users to tokenize their Mastercard cards issued by FAB through the Tappy Pay App. Once provisioned, the bands transform into secure payment devices that can be used at millions of contactless-enabled merchants worldwide.

Fast, frictionless freedom

This innovation means consumers can immerse themselves in experiences without worrying about carrying wallets or cards. Whether purchasing merchandise, refreshments, or celebrating with friends, the bands deliver a frictionless payment journey that mirrors the speed and energy of motor racing itself.

Wayne Leung, CEO of Tappy Technologies, said, “Motor racing is all about passion, speed, and precision – and that’s exactly what these payment bands represent. Consumers can proudly wear a stylish accessory while enjoying the convenience of secure, contactless payments powered by Tappy. Together with FAB, Mastercard, and Thales, we are redefining how lifestyle and technology come together to enhance everyday experiences around the world.”

About Tappy Technologies

Tappy Technologies is a global leader in wearable payment solutions, specializing in secure tokenization technology that transforms everyday accessories into powerful payment devices. Through partnerships with leading banks, payment networks, and lifestyle brands, Tappy enables consumers to enjoy seamless, secure, and convenient transactions anywhere contactless payments are accepted. With a mission to merge lifestyle and technology, Tappy continues to redefine the way people pay by embedding innovation into the things they love to wear.

Media Contact Details:
Suboor Ahmed
Tappy Technologies Limited
COO
suboor@tappytech.com

HotelRunner and Visa Partner Globally to Power Embedded and Autonomous Finance in Travel

Uniting the strength of Visa’s trusted infrastructure with HotelRunner’s deep presence in hospitality, this strategic preferred partnership sets the foundation for a new era of embedded finance in travel. By bringing Visa’s products directly into HotelRunner’s platform, this collaboration will enable seamless, secure, and scalable cross-border payments and settlements for thousands of travel businesses worldwide.

HotelRunner, a leading travel and hospitality technology platform, and Visa, a global leader in digital payments, have announced a global strategic preferred partnership to empower businesses of all sizes across the travel and hospitality industry. The collaboration brings together Visa’s trusted global infrastructure and secure cross-border payments capabilities with HotelRunner’s deep presence and extensive reach in hospitality technology. Solving the “last-mile” challenge in tourism and democratizing financial access for small and medium-sized enterprises (SMEs) in emerging markets, HotelRunner is collaborating with Visa to provide robust technology infrastructure and B2B connectivity that enables accommodation providers, from boutique hotels in Morocco to guesthouses in Bali, to get paid quickly and securely across borders.

By uniting their strengths, the two companies aim to accelerate economic growth across the global travel and hospitality ecosystem while delivering seamless, secure, and scalable financial solutions. This partnership sets the foundation for a new era of embedded finance with a specific focus on independent hotels by providing access to global payment rails.

“Travel runs on trust, and trust depends on secure, reliable infrastructure,” said Ali Beklen, Founder and Managing Partner of HotelRunner. “By combining HotelRunner’s global hospitality network with Visa’s unmatched expertise, we are building the autonomous financial infrastructure of travel. This is not only about payments; it is about building the financial rails that will power the next decade of global tourism. We are reshaping the future of cross-border travel commerce, making it safer, smarter, and more inclusive for businesses worldwide.”

On this partnership, Arden Agopyan, Founder and Managing Partner of HotelRunner, said, “HotelRunner has spent more than a decade building the digital backbone of hospitality. For too long, small and independent accommodations and travel agencies have been excluded from global financial flows and the payments economy. Together with Visa, we’re changing that. We’re combining our reach and reliable platform with one of the world’s most trusted networks to create a new standard for autonomous, secure, seamless, and scalable travel payments.”

“Our collaboration with HotelRunner demonstrates how together we can drive innovation across the B2B travel ecosystem. By combining Visa’s trusted global payments network with HotelRunner’s hospitality platform, we’re enabling travel businesses to connect, transact, and grow more seamlessly and securely. Together, we’re helping to unlock new opportunities, and strengthen the global travel ecosystem” Tania Platt, Global Head of B2B Travel, Visa.

Operating globally, this collaboration will bring Visa and HotelRunner together with key travel companies in Europe, APAC, the Middle East, Africa, and beyond. This partnership is set to deliver innovative embedded and autonomous finance services supporting millions of travel businesses worldwide.

Contact Information
Suheyla van Taarling
Director of Marketing & Growth
suheyla@hotelrunner.com.

SOURCE: HotelRunner

How Do AI Workflow Automations Work?

A 2022 survey from Vanson Bourne revealed that around 91%1 of respondents saw increased demand for automation from business teams. As AI technology evolves, that demand will only grow. AI automations can help organizations work smarter at every level. But how exactly do these workflows function? This article unpacks what AI workflow automation is and how it works behind the scenes.

What is AI workflow automation?
AI workflow automation is the use of artificial intelligence to automate complex, multi-step tasks that typically require human decision-making. While rule-based automation may rely on rigid instructions, AI automation adapts to data patterns. It learns over time and can flexibly handle unstructured input like emails, documents, or customer requests.

AI workflow tools can understand, decide, and act based on context. These tools can help streamline processes and reduce manual effort while improving speed and accuracy.

How do AI workflows function?
AI workflows function by connecting a series of intelligent tasks or steps to complete a goal from start to finish. The specific tasks can vary depending on the use case. Some workflows may be entirely automated, while some may require human input. Let’s take a closer look at some core components that power AI workflows.

Machine learning (ML)
Machine learning models can make predictions, identify problems, or find patterns. Machine learning has many uses in a workflow including classifying documents or prioritizing tasks. ML acts as the “decision engine”, helping automate steps that would otherwise require manual analysis or classification.

Natural language processing (NLP)
NLP allows AI systems to understand and interpret human language for seamless communication. It’s a crucial component in workflows that involve text, speech, or communication. For example, NLP can automatically extract key data from emails or summarize meeting notes. This enables organizations to automate content-heavy tasks without sacrificing understanding or context.

Automation triggers
AI workflows are usually event-driven. A trigger might be a form submission, a task status update, or an incoming message. Once initiated, the AI workflow executes a sequence of tasks based on logic, conditions, and model predictions. These triggers help organizations respond faster, reduce delays, and eliminate manual intervention.

Predictive algorithms
Predictive AI models help forecast future outcomes based on past behavior. These algorithms can be used to detect workflow bottlenecks or even predict them based on past occurrences. Effective predictive models require good data and smart integration. When done right, they can help businesses make smarter, data-informed decisions with minimal human input.

Benefits of AI workflows
Here are some of the advantages that AI workflows offer.

  • Increased efficiency: Automations can take on repetitive and time-consuming tasks. This frees up teams to focus on more strategic work.
  • Scalability: AI workflows can process large volumes of data or requests without extra headcount. They make it easier to scale services or operations.
  • Improved accuracy: Trained models and rule-based logic may help reduce the risk of human error.
  • Faster decision-making: AI workflows can analyze data and trigger decisions in real time. This may enable businesses to respond to problems or opportunities faster.

From streamlining internal operations to powering real-time customer experiences, AI workflow automation is helping businesses scale their operations at a reduced cost. AI workflows offer a powerful path toward enhanced efficiency.

[1] Vanson Bourne – Case studies Salesforce Business Demand for Automation. June 2022. https://www.vansonbourne.com/case-studies/business-demand-for-automation/

CONTACT:
Sonakshi Murze
Manager
sonakshi.murze@iquanti.com

SOURCE: iQuanti

MyFintech Week 2025 Highlights Transformative Forces in Finance

MyFW 2025 spotlights the forces reshaping the financial sector – digitalisation, sustainability and demographic shifts. Emerging technologies such as generative AI and blockchain are transforming business models and redefining consumer expectations. Malaysia’s commitment to achieving net-zero emissions is also driving demand for innovative financial solutions. In addition, the challenges posed by an ageing population stress the need for inclusive policies in long-term welfare, healthcare and social protection.


Reflecting these realities, MyFW 2025 is structured around three thematic tracks. From closed-door dialogues to expert-led masterclasses and in-depth focus sessions, these themes form the week’s conversations:

  1. ‘Finance for the Future’ focuses on building a digitally enabled and forward-looking financial system;
  2. ‘Finance for Change’ supports sustainability and social impact; and
  3. ‘Finance for a Resilient Ecosystem’ aims to strengthen financial system resilience.

Held from 4 to 7 August 2025 at Sasana Kijang and AICB Centre of Excellence, MyFW 2025 is co-organised by Bank Negara Malaysia (BNM), Securities Commission Malaysia (SC), Asian Institute of Chartered Bankers (AICB), Fintech Association of Malaysia (FAOM) and Malaysia Digital Economy Corporation (MDEC). The event brings together regulators, financial institutions, digital banks, fintech innovators, technology providers, policymakers, investors and academia for bold conversations, practical insights and regional alignment.

The event was officiated by Yang Berhormat Datuk Seri Amir Hamzah Azizan, Minister of Finance II. “The financial sector must play a more active role in shaping outcomes that matter to society in the years ahead, supporting these new growth areas, broader entrepreneurship and innovation, as well as fostering economic resilience and social mobility,” he said during his Special Address.

The event started with a series of high-level keynotes exploring innovation, inclusion and regulatory clarity. In his opening remarks, BNM Governor Dato’ Sri Abdul Rasheed Ghaffour outlined the importance of collaboration in shaping the future of finance, which requires a whole-of-ecosystem solution. “The future we are building demands that policymakers, regulators, technologists, investors and innovators sit at the same table,” he said.

Former central banker and Chairman of George Town Institute of Open and Advanced Studies Tan Sri Andrew Sheng, in his keynote themed “Unlocking Tomorrow: Transformative Innovations in Financial Services”, explored how pivotal technologies, including cloud computing, AI and open data are rapidly transforming the financial landscape. Douglas Feagins, President of Ant International explored the mobile interoperability between different countries and how AI is redefining cross-border transactions and user experiences in digital payments, in his keynote on “Beyond Borders: Mobile Payment in AI Era”.

The flagship panel session, “Navigating the Fintech Frontier: Bridging Innovation and Regulation”, gathered central bank governors and financial regulators from across the region. Moderated by Erik Feyen, Head of Global Macro-financial Monitoring at the World Bank, the panel featured Dato’ Sri Abdul Rasheed Ghaffour, Dato’ Mohammad Faiz Azmi, Executive Chairman of SC, Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, and Chia Der Jiun, Managing Director of the Monetary Authority of Singapore. The discussion focused on balancing innovation with consumer trust and the growing need for cross-border collaboration to ensure coherent, future-ready policy frameworks.

“Regulatory clarity is essential for fostering responsible innovation, but equally important is the ability to stay agile. Our experience with crypto asset regulation highlights the need for an iterative approach to address fast-paced innovation and market evolution,” Dato’ Faiz said.

“We are advancing the next iteration of our approach to digital assets to build a stronger regulated market, boosting competitiveness, resilience, and investor protection. Through regulatory support and ecosystem partnership, we are also facilitating blockchain use cases like bond tokenisation to broaden retail access and democratise wealth creation.”

The conference features an exciting lineup of sessions on topics including open finance, digital assets and sustainable finance. Participants can also look forward to focused sessions delivered by key partners and industry experts, which will provide in-depth exploration of issues, such as asset tokenisation, generative AI and cybersecurity resilience.

About MyFintech Week

MyFintech Week (MyFW) is Malaysia’s flagship finance and innovation event co-organised by Bank Negara Malaysia, Securities Commission Malaysia, Asian Institute of Chartered Bankers (AICB), Malaysia Digital Economy Corporation (MDEC) and Fintech Association of Malaysia. The event brings together leaders, policymakers and innovators to shape the future of finance and serves as a launchpad for collaboration and progress toward a more inclusive, innovative and resilient financial ecosystem.

For media enquiries (The appointed PR agency of MyFW 2025):
Nazira Yusof, Client Executive
PRecious Communications
+6 011 6230 3806
nazira@preciouscomms.com

How Containers Supercharge AI Development Projects

Artificial intelligence (AI) projects are both exciting and complex. They require considerable infrastructure to enable teams to innovate and scale as the need arises. Teams may face problems ranging from managing dependencies to scaling compute resources that can delay any progress. AI containers may just be the answer.

Containers help standardize environments, improve scalability, and enable smoother collaboration. These are critical benefits when building and deploying AI models at scale and can make all the difference to your project. Whether you’re training models or deploying in production, using an AI container setup can help streamline your entire development process. Let’s find out how.

Simplified environment management
One of the biggest pain points in AI development is managing dependencies. Machine learning libraries, GPU drivers, and data preprocessing tools must all work together seamlessly. A small version mismatch may produce inconsistent results.

Containers solve this by packaging everything your AI project needs (such as code, runtime, libraries, and system tools) into a single, portable environment. This means what works on one machine will work the same on another, enhancing reliable, predictable results.

For teams working remotely with cloud platforms, containers help maintain consistency and reproducibility. Whether you’re running a model on a developer’s laptop or a testing environment, the container provides a stable environment.

Faster experimentation and better security through isolation

Containers allow for isolation from both the host system and other containers on the operating system. This isolation is beneficial in a few different ways:

  • Security: Containers may help limit the impact of malicious applications. Isolation limits what each container can access. They make it easy to protect sensitive data processed by an AI model by restricting it’s access to other networks.
  • Speed: AI development involves a lot of trial and error. Data scientists often run multiple experiments in parallel, tweak parameters, or test new algorithms in a bid to perfect their model. Containers can help isolate each experiment in its own environment. This may accelerate testing and debugging.
  • Convenience: With containerization, developers can spin up lightweight, standalone instances of different models without worrying about conflicts between dependencies. Additionally, when it’s time to deploy, containers allow the same environment used during development to move directly into production.

Scalable training with orchestration tools
Training AI models like deep learning models may require significant compute power. As datasets grow and architecture becomes more complex, developers need infrastructure that can scale flexibly. This is where containers can be particularly useful. Designed to be lightweight and scalable, they are ideal for distributed training across multiple machines or nodes.

When paired with orchestration tools like Kubernetes, containers can support resource allocation and manage changing workloads. This orchestration allows AI teams to run multiple training jobs in parallel, scale up or down based on demand, and automate workload management, all essential steps for remaining agile even in rapid development cycles. Whether you’re scaling training across cloud instances or running jobs on-premises, container orchestration brings a level of control and efficiency that traditional methods may not match.

Containers have become an invaluable tool for AI development teams today. They help teams face some of the biggest challenges in AI workflows head-on and enhance speed and security in the process. Adopting an AI container approach can bring more reliability and control to every stage of the AI lifecycle. Whether you’re a solo data scientist or part of a large machine learning team, containers can help you move faster, collaborate better, and deploy smarter.

CONTACT:
Sonakshi Murze
Manager
sonakshi.murze@iquanti.com

SOURCE: iQuanti

Ria Money Transfer’s New Approval Enables Digital Salary Payments for Malaysia’s Migrant Workforce

Ria Money Transfer (“Ria”), a global leader in the cross-border money transfer industry and business segment of Euronet Worldwide, Inc. (NASDAQ: EEFT) has been officially approved by the Department of Labour Peninsular Malaysia (JTKSM) for the disbursement of digital wage payments via the Ria Wallet. By streamlining wage distribution through digital means, the Ria Prepaid Card Program, in collaboration with Mastercard, provides an omni-channel solution to employers who may struggle with conventional banking access for their workforce.

The Ria Wallet facilitates various financial activities such as depositing funds, withdrawing cash from ATMs, paying bills, and conducting domestic and international transfers. Customers will also be able to make payments in millions of locations in Malaysia via QR payment linked to DuitNow. In addition, the Ria Wallet streamlines payroll management for Malaysia-based companies throughout industries heavily dependent on migrant workers, including construction, agriculture, and manufacturing.

According to the International Organization of Migration (“IOM”), migrants represent an estimated 15.3% of Malaysia’s total workforce, many of whom are unbanked. The Ria Wallet addresses the challenges faced by both workers and employers in the country’s cash-centric payment landscape.

Ria’s presence in Malaysia since 2001 has positioned Ria as one of the leading players in the money transfer industry. Leveraging its strong physical network of 624,000 locations worldwide and its presence in nearly 200 countries and territories, Ria aims to provide a diverse and seamless service experience to all customers.

Espen Kristensen, Ria Money Transfer’s Managing Director Asia Pacific, expressed his excitement for the expansion of Ria’s service portfolio in Malaysia. He emphasized, “We understand the challenges employers in Malaysia face when it comes to managing wages for their workers. Through the Ria Wallet, companies will be able to benefit from a digital solution that improves transparency and compliance across their operations”.

In collaboration with Mastercard, The Ria Prepaid Card Program underscores the company’s commitment to driving positive social impact through the financial empowerment of different communities worldwide. 

About Ria Money Transfer

Ria Money Transfer, a business segment of Euronet (NASDAQ: EEFT), delivers innovative financial services including fast, secure, and affordable global money transfers. With the world’s largest cross border real-time money movement network, Ria moves money where it matters.  

Bridging the gap between digital and physical spaces, Ria’s omnichannel products and services provide unprecedented consumer choice, including real-time payments, mobile wallets, currency exchange, home delivery, and cardless ATM payouts. Ria’s global infrastructure, powered by the Dandelion real-time, cross-border payments network, facilitates financial access to customers, agents and partners alike. By creating new market opportunities and promoting economic growth around the world, Ria opens ways for a better everyday life.

UnionBank Named Best Wealth Management Bank in the Philippines

Union Bank of the Philippines (PHS: UBP) has been awarded with the Best Wealth Management Bank in the Philippines, at the 2025 Global Excellence in Retail Finance Awards, held in February by The Asian Banker. A testament to its strategic vision, innovative wealth solutions, and unwavering commitment to financial excellence, this accolade underscores UnionBank’s success in redefining the wealth management landscape through digital innovation, strategic acquisitions, and customer-centric investment solutions.

Setting a New Benchmark in Wealth Management

“UnionBank has strengthened its affluent banking proposition by seamlessly integrating the acquired Citi wealth business, further enhancing its ability to serve a diverse spectrum of wealth clients. From emerging affluent individuals to high-net-worth investors, the bank has introduced a transformative approach to wealth management, providing tailored solutions that cater to clients’ evolving financial needs,” read The Asian Banker’s citation at the Awards, held this year in Tokyo, Japan.

“For its successful integration of acquired expertise, relentless commitment to financial innovation, and dedication to delivering sophisticated wealth solutions, UnionBank is honored with the title of Best Wealth Management Bank in the Philippines. This recognition reflects the bank’s mission to empower Filipinos in achieving their financial goals through world-class wealth management services.”

Introducing Elite and Access: A New Era in Wealth Solutions

A key milestone in UnionBank’s wealth management evolution is the launc of Elite and Access, two pioneering programs designed to provide tiered wealth solutions:

 * Access is tailored for emerging affluent clients, offering seamless digital wealth tools and an extensive suite of investment products. 
 * Elite is designed for high-net-worth investors, delivering bespoke financial planning, exclusive global investment opportunities, and dedicated relationship management.

These programs redefine financial accessibility and personalization, ensuring that clients receive the right level of support, expertise, and product offerings based on their financial standing and aspirations.

“We thank The Asian Banker for recognizing our unwavering commitment to excellence, innovation, and, most importantly, our clients. At UnionBank wealth management is about building trust, securing futures, and creating opportunities.” said   UnionBank Wealth and Brokerage Head and Board Director of UB Financial Services and Insurance Brokerage Inc. (UFSI), Therese Chan.

“The strategies we craft and solution we provide are driven by our dedication to helping our clients achieve their financial goals. We remain committed to setting new standards in wealth management and empowering more people to build a stronger financial future.” continued Ms Chan.

UnionBank’s ability to serve a diverse spectrum of wealth clients is further bolstered by its world-class Wealth Center, which was unveiled to the media on the same day it received the prestigious Asian Banker Award.

Digital Innovation Meets Global Investment Access

UnionBank continues to lead the industry with its enhanced digital wealth platform, allowing clients to diversify their portfolios with global investment products—without the need for offshore accounts. This innovation ensures that clients can securely access a world of investment opportunities from the convenience of a seamless, digital-first banking experience.

By blending cutting-edge technology with highly personalized advisory services, UnionBank has solidified its position as the preferred financial partner for wealth clients across the Philippines. The bank’s dedication to innovation, accessibility, and global investment integration has set a new gold standard in the country’s wealth management sector.

As UnionBank continues to drive financial excellence and innovation, it remains steadfast in its vision to elevate wealth management in the Philippines—paving the way for a smarter, more inclusive financial future to help clients build, grow, and protect their wealth.

To learn more about UnionBank Elite, visit www.unionbankph.com/wealth/elite or email ubwealth@unionbankph.com.

Citi: Earn Rewards & Miles with Citi Credit Cards

The right credit card makes every swipe more convenient and rewarding. Cardholders earn rewards or miles when they shop with Citi credit cards and enjoy an exciting new world of deals, discounts, and perks. Here’s what to expect with a rewards credit card .

Citi Rewards Card
Looking to make the best of every purchase? The Citi Rewards Card offers a host of benefits that help cardholders get more from every swipe.

  • Sign-up bonus: Cardmembers get a welcome gift of 40,000 bonus Citi ThankYou Points when they spend S$800 within the first two months of opening a credit card account.
  • 10X points on online purchases: Cardmembers earn 10X points on online payments for groceries, food delivery, ride-hailing services and more.
  • 10X points on in-store purchases: Rack up points on in-store credit card payments at department stores, clothing stores and other eligible locations.
  • 1 Point on all other purchases: Earn at least one Citi ThankYou Point per S$1 for all purchases.
  • Flexible redemption: The Citi ThankYou Rewards program offers different ways to redeem points. Cardholders can pay for purchases with points, claim cash rebates or choose the reward they want from a wide range of options in the redemption catalogue.

Citi PremierMiles Card
The Citi PremierMiles Card is for frequent travellers who want to make every journey count. A miles credit card offers never-expiring miles on a range of purchases from travel expenses to rent and insurance premiums.

  • Bonus Points/Miles Earned on select purchases: Cardmembers earn
    • 1.2 Citi Miles on every S$1 spent locally
    • 2.2 Citi Miles for every S$1 spent in foreign currency
    • Up to 10 Citi Miles for every S$1 spent on select online travel bookings
    • A bonus of 10,000 Citi Miles on annual card renewals
  • 0.55 Miles earned per S$1 spent bill payments with Citi PayAll: This includes education expenses, electricity bills, rent, insurance premiums, select taxes (income tax, property tax, other tax types, and composition fees to IRAS), and miscellaneous expenses such as renovations, utilities, parking and transport, maintenance fees, donations, and wedding expenses.
  • Travel insurance: Cardmembers enjoy travel insurance coverage of up to S$1 million on travel tickets purchased with their Citi PremierMiles Card
  • Lounge access: Cardholders get two annual complimentary visits to airport lounges worldwide.
  • Flexible redemption: The Citi Miles program offers different ways to redeem miles. Cardholders can offset purchases with miles, get cash rebates or choose the reward they want from a wide range of options in the redemption catalogue.

Benefits beyond rewards
The perks of holding a points- or miles-earning credit card don’t end at reward redemption. Cardmembers also enjoy:

  • Citi World Privileges access: Cardmembers enjoy deals and discounts at participating merchants in Singapore and beyond.
  • Citi PayLite: Cardholders can break large credit card expenses into more manageable monthly payments.
  • Citi FlexiBill: Easily convert a monthly credit card balance into smaller instalments.
  • Citi QuickCash: Need cash urgently? Citi QuickCash lets cardmembers access cash loans at interest rates as low as 3.45% p.a. (EIR 6.5% p.a.).

It’s important for credit card applicants to compare annual fees and interest rates as well as read their credit card agreement carefully before getting a credit card.

Citibank Singapore
Citibank Singapore offers consumers and institutions a range of financial products and services, including consumer and investment banking, credit cards, and personal loans. Citibank Singapore aims to deliver holistic and innovative solutions to clients and meet the increasingly complex strategies of its regional client base in the APAC in an ever-changing financial landscape.

The content reflects the view of the author of the article and does not necessarily reflect the views of Citi or its employees. Please read the products and offers on Citibank Singapore website for accuracy or completeness of the information presented in the article.

CONTACT:
Sonakshi Murze
Manager
sonakshi.murze@iquanti.com

SOURCE: CITI Singapore