BDO Unibank selects Finastra for payment technology

BDO Unibank has chosen Finastra to provide payment technology for the Philippine bank, according to an announcement from the companies.

BDO Unibank has selected Finastra to support its payment operations with banking technology, the companies said in an announcement.

The announcement did not disclose the financial terms of the agreement or when the technology will be deployed. It also did not identify the Finastra payment products that BDO will use or specify how many customers and transactions will be covered.

BDO Unibank serves retail, commercial and corporate customers in the Philippines. Finastra develops software for banks and financial institutions, including systems for payments, lending, core banking and treasury services.

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