RECOGNIZING the explosive growth of blockchain, NFTs and cryptocurrency globally, Union Bank of the Philippines (UnionBank), the country's digital innovation pioneer, has embarked on a journey to become the first Philippine bank in the Metaverse, in partnership with Filipino Blockchain startup Ark of Dreams.

UnionBank has always been at the forefront of technological innovations to empower consumers and make them future-ready. It was the first Philippine bank to introduce the following that have been game-changers in the way we do banking: (1) mobile banking through wireless application protocol-enabled cellphones; (2) launch a banking website; (3) use an online payment card through EON; (4) use a chat bot ("Talk to Rafa"); (5) launch its own stablecoin (PHX); (6) introduce mobile check deposit through its award-winning app UnionBank Online; (7) opened the first fully digital bank branch in the country, The ARK; and most recently, (8) the first Philippine bank to go fully on the cloud.

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