Union Bank

Atlantic Union Bank Receives 2024 Top Workplaces USA Award

Retrieved on: 
Wednesday, March 20, 2024
Banking, Professional Services, Human Resources, Finance, Atlantic Union Bank, Human, Union Bank, Organization, Culture, Workplace

Atlantic Union Bank announced today that it has earned a 2024 Top Workplaces USA award issued by Energage for the second year in a row.

Key Points: 
  • Atlantic Union Bank announced today that it has earned a 2024 Top Workplaces USA award issued by Energage for the second year in a row.
  • The Top Workplaces program has a 15-year history of surveying more than 20 million employees in the U.S. and recognizing leading organizations for regional Top Workplaces awards.
  • “It’s an honor to be named a Top Workplace for the second year in a row,” said John Asbury, CEO of Atlantic Union Bank.
  • Winners of the Top Workplaces USA list are chosen based solely on employee feedback gathered through an employee engagement survey, issued by Energage.

Philippines Home Finance Market Booms: Unlocking a $141.2 Billion Opportunity by 2027: Ken Research

Retrieved on: 
Wednesday, February 14, 2024
Interest, Documentation, Blockchain, AI, Traction, Housing, Growth, Pag-IBIG Fund, Government, Urbanization, Banco de Oro, Union Bank, Formal, City, Fintech, Risk assessment, Filipinos, Data wrangling, Metrobank, BPI, Renewable energy

Ken Research's " Philippines Home Finance Market Outlook to 2027" report predicts a steady 3.7% CAGR, translating to a staggering $141.2 billion market size by 2027.

Key Points: 
  • Ken Research's " Philippines Home Finance Market Outlook to 2027" report predicts a steady 3.7% CAGR, translating to a staggering $141.2 billion market size by 2027.
  • Beyond facilitating homeownership, the Philippines' home finance market plays a crucial role in stimulating economic growth, fostering financial inclusion, and empowering Filipinos to achieve their dream homes.
  • Favorable Demographics: A young and growing population with aspirations for homeownership presents a large potential customer base for the market.
  • The Philippines' home finance market is ripe for growth, offering exciting opportunities for businesses, investors, and policymakers.

Philippines Home Finance Market Booms: Unlocking a $141.2 Billion Opportunity by 2027: Ken Research

Retrieved on: 
Wednesday, February 14, 2024
Interest, Documentation, Blockchain, AI, Traction, Housing, Growth, Pag-IBIG Fund, Government, Urbanization, Banco de Oro, Union Bank, Formal, City, Fintech, Risk assessment, Filipinos, Data wrangling, Metrobank, BPI, Renewable energy

Ken Research's " Philippines Home Finance Market Outlook to 2027" report predicts a steady 3.7% CAGR, translating to a staggering $141.2 billion market size by 2027.

Key Points: 
  • Ken Research's " Philippines Home Finance Market Outlook to 2027" report predicts a steady 3.7% CAGR, translating to a staggering $141.2 billion market size by 2027.
  • Beyond facilitating homeownership, the Philippines' home finance market plays a crucial role in stimulating economic growth, fostering financial inclusion, and empowering Filipinos to achieve their dream homes.
  • Favorable Demographics: A young and growing population with aspirations for homeownership presents a large potential customer base for the market.
  • The Philippines' home finance market is ripe for growth, offering exciting opportunities for businesses, investors, and policymakers.

Union Bank Selects Baker Hill NextGen® Consumer Loan Origination and TruStage™ Compliance Doc Prep

Retrieved on: 
Monday, January 29, 2024
Risk, Partnership, Risk management, Union Bank, Bank

CARMEL, Ind., Jan. 29, 2024 /PRNewswire/ -- Baker Hill, the leading financial technology provider in delivering solutions for loan origination, risk management, and analytics, today announces an expanded partnership with Union Bank of Vermont and New Hampshire. After upgrading to Baker Hill NextGen® for commercial lending last year, Union Bank will now leverage Baker Hill NextGen® for consumer lending, along with TruStage™ Compliance Solutions for document preparation.

Key Points: 
  • Union Bank, which serves customers throughout Vermont and New Hampshire, adds new Baker Hill products to streamline consumer loan origination
    CARMEL, Ind., Jan. 29, 2024 /PRNewswire/ -- Baker Hill , the leading financial technology provider in delivering solutions for loan origination, risk management, and analytics, today announces an expanded partnership with Union Bank of Vermont and New Hampshire.
  • After upgrading to Baker Hill NextGen® for commercial lending last year, Union Bank will now leverage Baker Hill NextGen® for consumer lending, along with TruStage™ Compliance Solutions for document preparation.
  • With Baker Hill NextGen® Consumer Loan Origination, Union Bank can process consumer loan applications more efficiently while controlling credit risk.
  • Union Bank will also leverage Baker Hill's integration with TruStage™ Compliance Solutions for loan document preparation.

UnionBank Selects Informatica’s AI-Powered Intelligent MDM Solution to Elevate Customer Experience in the Cloud

Retrieved on: 
Thursday, January 18, 2024
Software, Internet, Finance, Artificial Intelligence, Banking, Data Management, Professional Services, Technology, Cloud, KYC, INFA, Software as a service, Filipino, Acquisition, Data management, Master data management, MDM, IDMC, Citibank, Union Bank, Growth

UnionBank has always been the first to embrace technological innovations including, but not limited to, cloud and AI to empower its customers.

Key Points: 
  • UnionBank has always been the first to embrace technological innovations including, but not limited to, cloud and AI to empower its customers.
  • With Informatica’s Intelligent MDM and 360 Applications powered by Informatica’s AI-powered Intelligent Data Management Cloud ™ (IDMC) platform, UnionBank is able to build an enterprise-wide 360-degree view of customers, distinguishing unique customers and their multiple relationships across the bank.
  • This allows UnionBank to exceed customer expectations and deliver highly personalized services based on a single real-time source of trusted data.
  • “The adoption of Informatica’s industry-leading MDM services, available natively on the IDMC platform, will enable UnionBank to accelerate its strategic vision by providing consistent trusted data to deliver exceptional customer experience to its customers.”

IBEX INDIA 2024: 11th International Trade Fair and Conference for BFSI Tech & Fintech Sector

Retrieved on: 
Friday, January 12, 2024
Karur Vysya Bank, FIDC, South Indian Bank, Federal Bank, CSI, RBL Bank, Union Bank of India, LTD, Bank of Maharashtra, Central Bank of India, FASL, Environment, City Union Bank, Marketing, Public sector, Central bank, Artificial intelligence, UCO Bank, Wanderland, Financial services, IBEX, AI, Customer Service Excellence, Automation, BFSI, Indian Overseas Bank, CSB, Bank, Dhanlaxmi Bank, Karnataka Bank, Digital, Blockchain, Conference, Union Bank, KVB, Cryptocurrency

IBEX INDIA is a dedicated trade fair and conference, establishing a strategic platform for service providers to the BFSI sector.

Key Points: 
  • IBEX INDIA is a dedicated trade fair and conference, establishing a strategic platform for service providers to the BFSI sector.
  • Showcasing innovative and transformative technologies, the 11th edition of IBEX INDIA brings the entire spectrum of the BFSI sector providers to the forefront.
  • IBEX INDIA, which has been connecting BFSI with technology since 2011, provides the right environment to experience future technologies.
  • With three-day trade fair and two day conference, IBEX INDIA 2024 is an unparalleled platform for participants to connect and explore new opportunities.

Digital Transformation Summit India Announces The Top 100 Digital Leaders In India

Retrieved on: 
Monday, November 20, 2023
Petro, Vodafone Idea Ltd, SAP, Associate, Essar Group, Alkem Laboratories, Digital Solutions, USV, Information technology, Brookfield Renewable Partners, EPL, High Street Phoenix, Unichem Laboratories, Information, Shared services, Security, Reliance Power, CEAT (company), Region, Information officer, Laboratory, Great Eastern Shipping, HDFC Life, AVP, Union Bank, HDFC, HDFC Bank, DT, BNP Paribas, Digital, Johnson & Johnson, SBI, IndiaFirst Life Insurance Company, RPG Group, Digital transformation, Lead, Welspun Group, DPO, Fitting, Investment, Corporation, Infrastructure, Sanofi, Camlin Fine Sciences, Restaurant Brands, Thermo Fisher Scientific, CIO, VVF, Axis Bank, Bajaj Electricals, CISO, Union Bank of India, Wellington School, ICICI Prudential Life Insurance, Management

MUMBAI, INDIA, Nov 20, 2023 - (ACN Newswire) - The Digital Transformation Summit, India, a premier event at the forefront of technological innovation, is thrilled to unveil DT 100, a prestigious initiative that recognises the remarkable achievements of technology leaders in India.

Key Points: 
  • MUMBAI, INDIA, Nov 20, 2023 - (ACN Newswire) - The Digital Transformation Summit, India, a premier event at the forefront of technological innovation, is thrilled to unveil DT 100, a prestigious initiative that recognises the remarkable achievements of technology leaders in India.
  • The DT 100 felicitation will take place at the Digital Transformation Summit in Mumbai on the 6th of December.
  • As we eagerly anticipate the Digital Transformation Summit, we extend our heartfelt congratulations to the 100 leaders who are paving the way for a digitally empowered future.
  • For more information about the Digital Transformation Summit India and the DT 100, please visit https://digitransformationsummit.com/india/

Nayax Appoints New Chief Information Officer

Retrieved on: 
Monday, December 4, 2023
Computer science, Bar-Ilan University, Computer, Telecommunications, C4I, Business administration, Information system, Mathematics, IDF, Mamram, CRM, Automation, Corporation, Union Bank, Management

HERZLIYA, Israel, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement, payments and loyalty platform designed to help merchants scale their business, today announced that Moshe Shmaryahu recently joined the Nayax leadership team as Chief Information Officer.

Key Points: 
  • HERZLIYA, Israel, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement, payments and loyalty platform designed to help merchants scale their business, today announced that Moshe Shmaryahu recently joined the Nayax leadership team as Chief Information Officer.
  • Mr. Shmaryahu will lead the company's information systems (IS) and Corporate IT, uniting the IT internal infrastructure and business applications under one roof to optimize the organization's systems and technology.
  • Moshe Shmaryahu, who began serving as Nayax's Chief Information Officer last month, served for 11 years prior to this as Chief Operating Officer (COO), Senior Director of Operations and Infrastructure at the Union Bank of Israel, the sixth largest Israeli bank.
  • In addition, Moshe brings seasoned experience developing IT strategy and team leadership," said Yair Nechmad, CEO at Nayax.

Atlantic Union Bank Comments on Settlement with the Consumer Financial Protection Bureau

Retrieved on: 
Thursday, December 7, 2023
Banking, Professional Services, Finance, Well, Disclosure, Telephone, Consumer, Consumer Financial Protection Bureau, Union Bank, Atlantic Union Bank, J.D. Power, Atlantic Union

Atlantic Union Bank (“Atlantic Union”), a subsidiary of Atlantic Union Bankshares Corporation, announced today it has settled an investigation by the Consumer Financial Protection Bureau (“CFPB”) into certain practices of Atlantic Union during the period from 2017 to 2020 relating to its Opt-In Overdraft Privilege service.

Key Points: 
  • Atlantic Union Bank (“Atlantic Union”), a subsidiary of Atlantic Union Bankshares Corporation, announced today it has settled an investigation by the Consumer Financial Protection Bureau (“CFPB”) into certain practices of Atlantic Union during the period from 2017 to 2020 relating to its Opt-In Overdraft Privilege service.
  • As part of the settlement, Atlantic Union will pay a civil penalty of $1.2 million and will refund at least $5.0 million in fees to impacted customers.
  • Atlantic Union does not admit to any wrongdoing, past or present, under the settlement.
  • Well before today’s settlement, Atlantic Union proactively made improvements to its overdraft program, including to the Opt-In Overdraft Privilege service at issue in the settlement.

CCEDA UNVEILS SURVEY INTO BANK SUPPORT FOR CALIFORNIA CDCS AND CDFIS

Retrieved on: 
Wednesday, November 29, 2023
Western Alliance Bancorporation, PacWest Bancorp, City National Bank, Comerica, Farmers and Merchants Bank, Bank, HSBC, BMO, PNC Financial Services, Banner Bank, Citibank, Farmer, Cathay Bank, Community development, BIPOC, CDC 3000 series, Chairperson, Union Bank, U.S. Bancorp, Pacific Premier Bancorp, JPMorgan Chase, Morgan Stanley, Community, Bank of the West, Community development financial institution, Goldman Sachs, Capital One, FleetBoston Financial, PACE, Umpqua Holdings Corporation, Growth, Bank of America, Ally Financial, EastWest Bank, Wells Fargo, First Bank, First Citizens BancShares

LOS ANGELES, Nov. 27, 2023 /PRNewswire/ -- California Community Economic Development Association (CCEDA) in collaboration with Rise Economy, formerly known as the Community Reinvestment Coalition, has released the results of a survey aimed at illuminating the funding landscape for Community Development Corporations (CDCs) and Community Development Financial Institutions (CDFIs) across California. Conducted between August 2nd and September 21st, 2023, the survey reached out to over 100 CDCs and CDFIs, receiving 45 responses (40%).

Key Points: 
  • Conducted between August 2nd and September 21st, 2023, the survey reached out to over 100 CDCs and CDFIs, receiving 45 responses (40%).
  • The top two banks cited by CDCs and CDFIs, especially BIPOC led CDFIs, were JP Morgan Chase and Wells Fargo Bank, while a large number of CDCs, more almost 40%, pointed to NO bank support.
  • "This report stands as an important instrument in encouraging bank backing for the invaluable efforts of CDCs and CDFIs in California," stated Roberto Barragan, Executive Director at CCEDA.
  • Fifty five banks were listed in the survey including JPMorgan Chase (including First Republic), Bank of America, Citibank, Wells Fargo Bank, US Bank (including Union Bank), PNC Bank, Goldman Sachs, Capital One, BMO (including Bank of the West), First Citizens Bank, Morgan Stanley, Ally Bank, HSBC, City National Bank, Comerica Bank, Western Alliance Bank, EastWest Bank, Umpqua Bank, Pacific Western Bank, First Bank, Cathay Bank, Pacific Premier Bank, Bank of Hope, Mechanics Bank, Banner Bank, First Foundation Bank, and Farmers and Merchants Bank (Long Beach).