Bayad-UBX tieup

Bayad, the country’s authority in bills payment and Meralco’s full service fintech subsidiary, signs a partnership with UBX, the leading open finance platform in the Philippines. Under the agreement, i2i, the banking-as-a-service venture of UBX, will leverage the network of billers of Bayad, allowing i2i banking agents to process payments for Meralco and Home Credit, among others. Signing the agreement are (by row, from left) Bayad chief commercial marketing officer Dennis Gatuslao, UBX president and chief executive John Januszczak, UBX managing director of commerce and payments Jaime Garchitorena and Bayad president and chief executive Lawrence Ferrer.