Yes yes, there’s a lot of talk about 5G in the Philippines. Both Globe and PLDT are starting to deploy 5G networks in different ways. Globe does this for its home consumers through Globe at Home Air Fiber 5G. On the other hand, PLDT focuses on 5G mobile broadband by Q1 of this year. Another area that Globe One bank in the Philippines wanted to 5G technology: UnionBank!
What Does This Partnership Mean?
Thanks to partnering with Globe Business, UnionBank deployed 5G-grade connectivity at its Dasmarinas, Cavite branch! It is the first of its ARK 2.0 branches – for faster speeds, higher bandwidth, and a more stable internet connection. Thanks to 5G technology, branch employees get to use up to 32 devices at the same time without the network slowing down!
What Does 5G Enable in Banking?
Banks that use 5G technology will take customer experience to the next level! This is thanks to leveraging new technologies that people can experience on phones. According to a leading digital financial publication The Financial Brand, by combining 5G and artificial intelligence (AI), banks can better harness the always-on, real-time data coming from devices, which will allow better prediction and anticipation of a customer’s preferences and behaviors.
“Excellent customer experience will always be an important driver to a company’s growth and relevance. This is the very reason why we at UnionBank constantly innovate and improve our services to ensure that we offer nothing but the best to our clients,” said UnionBank executive vice president and chief information officer Dennis Omila. “Partnering with Globe for its revolutionary 5G network and connectivity is one way we can provide more seamless and efficient operations.”
“5G is an important building block in helping Philippine companies remain competitive in the digital age. This is the reason we are accelerating our efforts to deploy 5G, so we can provide more Filipino companies like UnionBank the chance to go beyond what the current technology allows them to do,” added Globe Business senior vice president Peter Maquera.
What Does UnionBank Aim To Do With 5G?
Its President and CEO shared their plan to take its network infrastructure to the next level. He plans to utilize the power of software-defined networking and artificial intelligence capabilities. The bank even has its own advocacy called “Tech Up, Pilipinas”. It seeks to utilize technology to make financial services available to all Filipinos.
Globe Business Redefines How Businesses Work
Globe Business goes above and beyond functions, numbers, and performance. It is committed to enabling its clients and partners to catapult their enterprises to success. They do so by providing the right technology, infrastructure, and know-how to create a positive impact and transform people’s lives.