DigiBankASIA, Xebia forge partnership

SINGAPORE headquartered fintech DigiBankASIA and global digital and consultancy firm Xebia announced on Tuesday a strategic partnership for the launch of UNObank in the Philippines.

Per their collaborative efforts, Xebia will serve as a digital and innovation technology partner in developing further UNO’s digital-first platform, Cognito, by integrating with leading banking products to establish a differentiated and innovative digital foundation.

The former is well equipped towards developing a modern and intelligent CX platform for UNObank—thanks to its expertise in design thinking led digital transformations and passion for using radical technologies, such as Artificial Intelligence (AI)/ML, IoT, AR/VR, Cloud, DevOps, Big Data & Analytics.

“We have found a hi-tech engineering partner in Xebia whose approach aligns well with UNObank’ s objective of an highly personalised, AI-first, fully composable, cloud native, full stack digital bank,” said Manish Bhai, CEO and cofounder of UNO.

On their part, Xebia Global Services CEO Anand Sahay said that they are proud to work with the “best minds in the world who are reimagining banking and disrupting the market.”

“In the digital era, companies that seek to be the best, acknowledge that even with great products and services, a customer-first approach is what makes them wins the game,” he noted.

UNO is DigibankASIA’s neo banking brand for license based as well as over the top digital banks.

The fintech chose the Philippines as the pilot market for its full-service digital bank, and is now working with the country’s regulators to obtain the necessary license.

The first of its kind in the region, UNO boasts of its innovative ways to use advanced machine vision and learning models on customer onboarding, transaction authorizations, alternate data-based credit scoring, product and interface personalization at an individual level to advanced security, risk and privacy management patterns.

“UNO’s AI-first capabilities mean that it is highly adaptable and completely customer-centric—a great example of what a truly composable banking stack should be. Each user will experience the bank as if it were uniquely designed around their needs. That’s the power of an AI first, all cloud, fully digital user journey based orchestrated platform,” said Puneet Gupta, chief technology officer and cofounder of UNO.

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