UBX Launches UrGovPH for LGUs’ Digital Rransformation
UBX,
the leading open finance platform in the Philippines, is doubling down on its
support to the government with the introduction of UrGovPH - a suite of open
finance solutions that enable local governments to digitally transform their
services.
UrGovPH
equips local government units (LGUs) and national government agencies with
necessary tools that enable them to digitalize public service, supporting the
country’s drive of bringing essential services closer to the people.
“As
the Philippines continues on its digital transformation journey, UBX commits to
ramp up its support to the government. With a spectrum of open finance
solutions, UrGovPH empowers government units and agencies to digitally
transform their services and bring them closer to their citizens and
stakeholders,” UBX President John Januszczak said.
The
initiative aligns with the current administration’s efforts to build a digital
Philippines, which will infuse technology and innovation to respond to the
needs of the public and improve governance. In harnessing the power of new
technology, Filipinos will have safe and seamless access to public services.
With
the help of UBX, LGUs can actively respond to this call by leveraging UrGovPH’s
open finance solutions, such as social services marketplace, financial
services, information management, asset management, service management, and
identity solutions.
Powered
by the various ventures of UBX, LGUs that partner with UBX for their digital
transformation journeys are empowered to automate the workflow for the
management of all social services, from local civil registry, to enforcement of
ordinance, citizen and business registration, to acceptance of digital
payments.
i2i,
UBX’s banking-as-a-service platform, allows citizens to transact with their
local governments digitally. Aside from cashless and in-store payment
solutions, i2i also allows for carded or non-carded disbursements. It also
enables local governments to automate accounting and taxation.
Customer
relations are also set to improve with the help of UrGovPH, as all information
assets will be available for different channels. Inquiry management and dispute
resolution management are covered by the feature. Likewise, real property,
environmental, and business assets will be blockchain-enabled to help ease the
control of the listings of real property, environment, and businesses under
each LGU. Location-enabled mapping of Real Property Assets will also be
available.
Through
UrGovPH, businesses will have easier access to verified and trusted lenders in
the Philippines through SeekCap. Entrepreneurs can find and apply for business
loans online with UBX’s network of partner lenders, helping small and medium
enterprises get the much-needed capital to stay afloat and competitive.
Moreover,
citizen verification will be automated for faster and more efficient delivery
of various services. ID verification, liveness check, and pre-filled
information from the existing government IDs or connected database will be
available.
LGUs
will also have access to various government agencies and private partners of
UBX, allowing them to introduce new digital services and further improve
governance.
UrGovPH
solutions can be hyper-personalized to the specific needs of the LGUs’ citizens.
UrGovPH
supports the national government’s drive to promote ease of doing business, as
enshrined under Republic Act No. 11032 of 2018. UrGovPH also complements the
Bangko Sentral ng Pilipinas’ (BSP) National Financial Inclusion Strategy and
the Digital Transformation Roadmap.
It
also strengthens Executive Order No. 170 of 2022 or the Adoption of Digital
Payments for Disbursements and Collections and the Electronic Commerce Act or
RA No. 8792.
“As a
critical government partner, UBX’s UrGovPH aids the new administration in
ushering the Philippines to a new digital era. With open finance solutions
powering e-governance, we believe that we will be on track to meeting our
shared goal of including 70 percent of Filipino adults in the country’s
financial systems,” Januszczak said.
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