Tag "United Overseas Bank (UOB)"

UOB Data Shows Increased Spending Power, Financial Savvy Among Singaporean Women

Recent data from the United Overseas Bank (UOB) highlights a significant increase in women’s economic influence in Singapore over the past five years, aligning with International Women’s Day celebrations. UOB’s analysis reveals a 70% surge in total billings for the

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Nominations Now Open for Sustainability Impact Awards 2024 by UOB and BT

The Sustainability Impact (SI) Awards 2024, a collaborative effort between The Business Times (BT) and United Overseas Bank (UOB), has officially opened its nomination period, which will run until 15 May 2024. The awards aim to honor individuals and organisations

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5 Use Cases Of Generative AI (Gen AI) in Banking, Insurance Within Asia

The emergence of generative artificial intelligence (Gen AI) represents a pivotal moment in the technological evolution, significantly altering the digital financial services landscape in the Asia Pacific region where we are seeing a rise of use cases for generative AI

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Digital Assets and Sustainable Finance Take Center Stage at Singapore Fintech Festival

At the Singapore Fintech Festival 2023, Ravi Menon, Managing Director of the Monetary Authority of Singapore, delivered an insightful address on fintech’s current and future direction. His speech thoughtfully reflected Singapore’s advancements in fintech since the previous year and a

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UOB Online Banking Suffers Disruptions on Saturday, Back Up By Midday

The United Overseas Bank (UOB) experienced sporadic disruptions with its online banking platforms last Saturday (4 November), according to a report by The Business Times. Users began reporting difficulties in accessing the bank’s mobile and internet banking services around midday,

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UOB First Singapore Bank to Trial Microsoft 365 Copilot Generative AI Tool

United Overseas Bank (UOB) initiated its trial of Microsoft 365 Copilot, marking it as the first Singapore bank to integrate this Generative Artificial Intelligence (Generative AI) tool. Under the Microsoft 365 Copilot Early Access Program (EAP), starting in October, around

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Are Major Banks in Singapore Realising Their Digital Transformation Agendas?

Singapore, renowned as a financial hub and the prominent digital economy in Southeast Asia, is spearheading digital transformation in financial services, including its incumbent banks. While traditional banks have been sluggish to modernise in the past, this recent digital transformation

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Google Cloud Establishes Advisory Board for Its Point Carbon Zero Programme

Google Cloud has announced three key updates under the Point Carbon Zero Programme in today’s Singapore Fintech Festival 2022. Jointly launched with the Monetary Authority of Singapore (MAS) in July, the programme aims to catalyse the incubation and adoption of

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MAS Completes Its First Digital Asset Live Trades Under Project Guardian

The Monetary Authority of Singapore (MAS) announced that Project Guardian, its project exploring decentralised finance (DeFi) applications in wholesale funding markets, has completed its first live trades. The trades were conducted under Project Guardian’s first industry pilot which saw DBS,

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UOB and Personetics Launch AI-Driven Automated Savings Feature

United Overseas Bank (UOB), in partnership with Personetics, announced the launch of Auto-Save, on the TMRW mobile banking app in Indonesia today at the Singapore Fintech Festival 2022. Powered by Personetics’ Artificial Intelligence (AI) and advanced data analytics solutions, the

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