Tag "OCBC"

Fintech and Digital Finance Innovation Initiatives of Banks in Singapore

Fintech has become one of the key drivers of innovation in the financial services industry. In Singapore, the Monetary Authority of Singapore (MAS) was quick to realize the potential of fintech, acting swiftly to build up a vibrant ecosystem in

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Local Fintech Firm Partners with Dubai Royal Family To Expand in The Middle East

Singapore based fintech firm Touché has signed an agreement with SEED Group as their local partner. In this agreement SEED will assist Touché in expanding their fingerprint-based payment and loyalty management solution to the Middle East. Based in Dubai, SEED

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OCBC To Enable Instant SMEs Account Opening in November

Following their move in rolling out real time account opening for all Singaporeans and permanent residents, OCBC is now extending the same service SMEs. This real-time account opening service is enabled by the Singaporean government’s national data repository, MyInfo and

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OCBC Bank Brings Audit To The Digital Age By Harnessing Artificial Intelligence

OCBC Bank has piloted two Fintech solutions that leverage artificial intelligence (AI) to bolster its internal controls to safeguard the interests of customers and shareholders. The AI solutions augment the bank’s competency in the detection of trading anomalies during the

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Singapore’s Path to Digital Economy Still Facing Some Roadblocks

Use of mobile banking has overtaken physical branch interactions by 15% during the past 12 months, according to the J.D. Power 2018 Singapore Retail Banking Satisfaction Study. It is clear that Singapore’s Smart Nation journey to digitally transform its banking

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OCBC Bank Launches One-Stop Advisory Service For Property Purchase

If you have purchased or know someone who has purchased a residential property in Singapore, you would be familiar with this common refrain: Why do I have to go to so many sources to get everything? A one-stop service that

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