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UBX Mobile ATMs to Expedite Philippine Government's COVID-19 Subsidies
Source: The Asset ESG Forum
UBX, the fintech company of Union Bank of the Philippines (UnionBank), recently started deploying a rapid and remote mobile-enabled ATM solution in response to COVID-19, as part of its i2i platform.
With i2i Mobile ATM, rural banks and financial cooperatives across the Philippines are enabled to pay-out a wide range of government subsidies direct to beneficiaries in the historically underserved countryside. This will help address the growing need to access cash, as a result of the extended enhanced community quarantine in Luzon, the largest and most populous island in the country.
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