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Fastest growing thrift bank simplifies access to mobility via UBX’s unified loans platform

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Case Studies > Fastest growing thrift bank simplifies access to mobility via UBX’s unified loans platform

Fastest growing thrift bank simplifies access to mobility via UBX’s unified loans platform

Solutions

Loans Origination System Development

Challenge:

In addressing the burgeoning demand for motorcycle financing among Filipinos, a leading thrift bank recognized the need for a more streamlined and integrated process. Providing financing for this crucial segment required a solution that could expedite the loan application process, reduce decision time, and ensure the swift acquisition of vehicles upon completion of requirements. The bank also aimed to automate the lending process, reach a wider audience through better channels, and decrease dependency on third-party intermediaries. Compliance with BSP (Bangko Sentral ng Pilipinas) standards was essential for a seamless and trustworthy process.

Outcome:

UBX rose to the challenge by developing a cutting-edge unified loans platform tailored to the bank’s specific needs. This platform facilitated both agent-assisted and self-service search functionalities for motorcycle units, integrating seamlessly with the loans application processing system. The result was a significant reduction in the time required to make lending decisions, ensuring that borrowers could acquire their vehicles promptly. The versatility of the unified loans platform also positioned the bank for rapid implementation of various loan types, enhancing its ability to meet the diverse needs of its growing customer base. Through this initiative, the bank achieved:

 

Wider Audience Reach: The streamlined process and versatile platform enabled the bank to reach a broader audience, expanding its market presence.

 

Automated Lending Process: The loan origination system automated the end-to-end processing of motorcycle loan applications, enhancing efficiency and reducing manual intervention.

 

Better Channels, Reduced Dependency: The bank successfully reduced its dependency on third-party intermediaries, gaining greater control over the lending process and channels.

 

BSP-Compliant Process and Platform: Ensuring compliance with BSP standards, the unified loans platform provided a secure and trustworthy environment for borrowers.

 

Improved Borrower Experience: The faster decision-making and loan disbursement processes contributed to an improved borrower experience, enhancing overall customer satisfaction.

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Fastest growing thrift bank simplifies access to mobility via UBX’s unified loans platform

Challenge:

In addressing the burgeoning demand for motorcycle financing among Filipinos, a leading thrift bank recognized the need for a more streamlined and integrated process. Providing financing for this crucial segment required a solution that could expedite the loan application process, reduce decision time, and ensure the swift acquisition of vehicles upon completion of requirements. The bank also aimed to automate the lending process, reach a wider audience through better channels, and decrease dependency on third-party intermediaries. Compliance with BSP (Bangko Sentral ng Pilipinas) standards was essential for a seamless and trustworthy process.

Outcome:

UBX rose to the challenge by developing a cutting-edge unified loans platform tailored to the bank’s specific needs. This platform facilitated both agent-assisted and self-service search functionalities for motorcycle units, integrating seamlessly with the loans application processing system. The result was a significant reduction in the time required to make lending decisions, ensuring that borrowers could acquire their vehicles promptly. The versatility of the unified loans platform also positioned the bank for rapid implementation of various loan types, enhancing its ability to meet the diverse needs of its growing customer base. Through this initiative, the bank achieved:

 

Wider Audience Reach: The streamlined process and versatile platform enabled the bank to reach a broader audience, expanding its market presence.

 

Automated Lending Process: The loan origination system automated the end-to-end processing of motorcycle loan applications, enhancing efficiency and reducing manual intervention.

 

Better Channels, Reduced Dependency: The bank successfully reduced its dependency on third-party intermediaries, gaining greater control over the lending process and channels.

 

BSP-Compliant Process and Platform: Ensuring compliance with BSP standards, the unified loans platform provided a secure and trustworthy environment for borrowers.

 

Improved Borrower Experience: The faster decision-making and loan disbursement processes contributed to an improved borrower experience, enhancing overall customer satisfaction.

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Savings and loan association improves online experience through portal and app developed by UBX

Posted on by ubxadmin
Case Studies > Savings and loan association improves online experience through portal and app developed by UBX

Savings and loan association improves online experience through portal and app developed by UBX

Solutions

BilisOnline Member Mobile App (Android and iOS)

Bilisonline Member Web App

Bilisonline Admin Web App

Challenge:

A savings and loans association faced a myriad of challenges in enhancing their digital capabilities to better serve their 230,000 members. Members lacked a convenient online platform for loan applications, compelling them to visit physical branches. Additionally, the absence of a seamless system for fund transfers to other bank partners or e-wallets hindered member transactions. Recognizing the growing importance of mobile accessibility, the association sought a user-friendly mobile application. An efficient admin management portal was also imperative for handling member applications and ensuring smooth operations.

Outcome:

Collaborating with UBX, the savings and loans association successfully overcame these challenges, yielding significant outcomes. The introduction of the BilisOnline Admin Web App streamlined administrative processes, providing the association with enhanced efficiency in managing member loan applications. The BilisOnline Member Mobile App, available on both Android and iOS platforms, empowered members with convenient access to their accounts and a seamless mobile experience. Members can now transfer funds effortlessly, thanks to the multiple bank options available within the Bilisonline App and Web, creating a versatile and user-friendly financial ecosystem.

Let’s get started

Talk to Us

Savings and loan association improves online experience through portal and app developed by UBX

Challenge:

A savings and loans association faced a myriad of challenges in enhancing their digital capabilities to better serve their 230,000 members. Members lacked a convenient online platform for loan applications, compelling them to visit physical branches. Additionally, the absence of a seamless system for fund transfers to other bank partners or e-wallets hindered member transactions. Recognizing the growing importance of mobile accessibility, the association sought a user-friendly mobile application. An efficient admin management portal was also imperative for handling member applications and ensuring smooth operations.

Outcome:

Collaborating with UBX, the savings and loans association successfully overcame these challenges, yielding significant outcomes. The introduction of the BilisOnline Admin Web App streamlined administrative processes, providing the association with enhanced efficiency in managing member loan applications. The BilisOnline Member Mobile App, available on both Android and iOS platforms, empowered members with convenient access to their accounts and a seamless mobile experience. Members can now transfer funds effortlessly, thanks to the multiple bank options available within the Bilisonline App and Web, creating a versatile and user-friendly financial ecosystem.

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We are digitizing the supply chain of the top grocery distributor in the PH

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Case Studies > We are digitizing the supply chain of the top grocery distributor in the Philippines

We are digitizing the supply chain of the top grocery distributor in the Philippines

Solutions

Web App Development

Payments Integration

Challenge:

The country’s leading grocery distributor faced a significant challenge in preparing its diverse customer segments, consisting of local supermarkets, minimarts, groceries and sari sari stores, for the rapidly evolving landscape of e-commerce. These segments lacked any online presence, posing a hurdle for the distributor to tap into the growing trend of digital retail. Compounded by the impact of the pandemic, the need to innovate and enable these sari-sari stores for e-commerce became even more urgent.

Outcome:

The country’s top grocery wholesaler engaged UBX to develop an app called BiliDaily. This initiative was designed to allow their customers, consisting of local supermarkets, minimarts, groceries and sari sari stores to have their own digital stores with promotions. The outcome was remarkable, with stores successfully integrated into the digital landscape. Store owners embraced the app, leading to increased logins on the grocer platform and a significant rise in transaction counts month on month.

 

The success of the project prompted continued collaboration with UBX. Together, they are fully designing other programs that will future proof their operations as well as enhance their grocers’ experience.

Let’s get started

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We are digitizing the supply chain of the top grocery distributor in the Philippines

Challenge:

The country’s leading grocery distributor faced a significant challenge in preparing its diverse customer segments, consisting of local supermarkets, minimarts, groceries and sari sari stores, for the rapidly evolving landscape of e-commerce. These segments lacked any online presence, posing a hurdle for the distributor to tap into the growing trend of digital retail. Compounded by the impact of the pandemic, the need to innovate and enable these sari-sari stores for e-commerce became even more urgent.

Outcome:

The country’s top grocery wholesaler engaged UBX to develop an app called BiliDaily. This initiative was designed to allow their customers, consisting of local supermarkets, minimarts, groceries and sari sari stores to have their own digital stores with promotions. The outcome was remarkable, with stores successfully integrated into the digital landscape. Store owners embraced the app, leading to increased logins on the grocer platform and a significant rise in transaction counts month on month.

 

The success of the project prompted continued collaboration with UBX. Together, they are fully designing other programs that will future proof their operations as well as enhance their grocers’ experience.

Let’s get started

Talk to Us

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