Connect with us

Hi, what are you looking for?

HEADLINES

UnionBank champions AI-driven future at inaugural SONAI 2025

SONAI 2025 gathered policymakers, industry leaders, and academics to shape a national AI strategy for global competitiveness. Global AI Council founder Kate Hancock emphasized the need for AI education and accessibility to prevent disparities in the digital era.

At the Philippine Global AI Council’s “State of the Nation in AI (SONAI)” congress, Union Bank of the Philippines (UnionBank) showcased its leadership in AI-driven innovation to enhance customer experience, streamline operations, and strengthen cybersecurity.

SONAI 2025 gathered policymakers, industry leaders, and academics to shape a national AI strategy for global competitiveness. Global AI Council founder Kate Hancock emphasized the need for AI education and accessibility to prevent disparities in the digital era.

UnionBank’s AI Center of Excellence head, Dr. Adrienne Heinrich, highlighted the Bank’s customer-centric approach and the potential of AI to enhance and augment cybersecurity measures.

“Currently, we are using AI to analyze our customers’ transactional behavior so that we can catch early on any suspicious activity. This also helps increase operational efficiency by giving us insights around process optimization. For example, there can be so many false positives in suspicious transaction reporting, but because we have an AI model in place, we’ve brought these findings down significantly. This gives investigators more time to focus on the real critical cases.”

Advertisement. Scroll to continue reading.

“Choosing not to move forward and adopt AI will not stop bad actors from using that technology for their own means. So for us, we anticipate, adapt, learn about AI and its advancements, and wield it proactively,” concluded Dr. Heinrich as she stressed how AI is transforming, not eliminating, jobs—similar to how ATMs initially and mobile apps eventually reshaped banking roles.

Dr. Donald Lim, President of Global AI Council Philippines, urged the country to lead in AI adoption rather than just be users. Global AI Council Philippines Chairman Brian Poe Llamanzares reinforced the importance of AI in driving economic growth and ensuring the country remains competitive.

UnionBank remains committed to responsible AI adoption, championing ethical and inclusive technological advancements that drive security, innovation, and economic progress.

Advertisement. Scroll to continue reading.
Advertisement
Advertisement
Advertisement

Like Us On Facebook

You May Also Like

HEADLINES

During the workshop, fifteen regions from Luzon, Visayas and Mindanao presented their localized emergency communication strategies before a panel of experts, comprised of seasoned...

HEADLINES

From Feb. 28 to Mar. 31, subscribers can get a chance to win a spot at a special bonding session with KaTropas Kathryn Bernardo and...

HEADLINES

To support these women entrepreneurs, Igloo has partnered with various organizations to provide tailored insurance products that offer financial protection against unforeseen risks.

HEADLINES

Cyberattacks know no limits and can target and affect anyone at any given time. Especially now that majority of people use smart devices daily...

HEADLINES

Asia aims to post continued growth with South Asia and Southeast Asia regions eyeing to achieve faster growth in the volume of trade from...

HEADLINES

AMD EPYC Embedded 9005 Series CPUs are optimized for embedded markets, balancing cutting-edge compute capabilities with purpose-built embedded features that enhance product longevity, reliability,...

HEADLINES

During the 2024 11.11 Paskong Panalo campaign last year, Mars Wrigley secured its place among the Top 5 brands in the Food & Beverage...

HEADLINES

"Courage to Transform" is a mindset that empowers businesses to break barriers, embrace change, and make bold decisions for long-term success. True transformation takes vision...

Advertisement