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UnionBank gains agility to innovate and hyperscale with Infosys Finacle Digital Banking suite

Digital transformation is leading banking agendas, and speed is vital to retain customer loyalty. UnionBank of the Philippines (UnionBank) embraced the concept of ubuntu by combining the unique value propositions of fintechs to build financial solutions for individuals, institutions, and micro, small, and medium enterprises (MSMEs) and to increase technology adoption in the Philippines. UnionBank worked with Infosys Finacle, an AWS Partner to migrate its core banking platform from an on-premises deployment to the Finacle Digital Banking Solution Suite on Cloud, a software as a service (SaaS). With Infosys Finacle as UnionBank’s SaaS partner, the bank’s IT team can assume more strategic roles to further innovate new digital banking services. UnionBank estimates a lower TCO, greater flexibility and scalability.