Union Bank of the Philippines (UnionBank) becomes the first bank to go live during the ceremonial launch of the Open Finance for PERA (OFxPERA) Pilot, joining the Bangko Sentral ng Pilipinas (BSP), fellow PERA administrators and key financial services partners in celebrating the milestone. The initiative, led by the BSP, leverages the Open Finance framework to simplify and digitize the PERA onboarding process. UnionBank is pioneering digital innovations that make the Personal Equity and Retirement Account (PERA) more accessible and empowering for Filipinos planning their financial future.
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