Tag "uob"

UOB Starts Digital Bank for ASEAN

United Overseas Bank Limited (UOB) announced that it is introducing a digital bank for ASEAN’s massive and increasing base of ‘mobile first’ and ‘mobile only’ customers. UOB’s Digital Bank will be deployed in its key Southeast Asian markets as the Group

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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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UOB’s Latest Partnerships Reveal the Bank’s Strategy to Stay Relevant

An e-wallet and an artificial intelligence solutions company combines with a traditional bank. United Overseas Bank Limited (UOB) is recently attempting to keep abreast of current banking trends by striking relationships with more agile fintech companies. It has been said

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16 Asia/Pacific Banking & Financial Services Leaders in 2018

IDC Financial Insights announced the 16 winners of the annual Financial Insights Innovation Awards (FIIA) at the Asian Financial Services Congress 2018. This year’s recipients were chosen for setting technological and business precedents to drive new, successful practices within their

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UOB Turns Smartphone Into a Digital Security Token For Consumers

With the launch of UOB Mighty Secure, United Overseas Bank Limited (UOB) consumer banking customers can now use their smartphone as a digital security token. UOB is the first bank in Singapore to enable customers to use their mobile phone

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OurCrowd an Equity Crowdfunding Opens Singapore Office and Appoints new MD

OurCrowd, an equity crowdfunding, announced that it has opened an office in Singapore, its seventh worldwide, to serve the growing community of Asian investors interested in funding early stage high-growth companies. It has appointed Denes Ban, a successful entrepreneur and

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MAS, R3 and Financial Institutions Experimenting with Blockchain Technology

The Monetary Authority of Singapore (MAS) announced that it is partnering R3, a Blockchain technology company, and a consortium of financial institutions on a proof-of-concept project to conduct inter-bank payments using Blockchain technology. This project could potentially avail a payment

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MAS Awards a Full CMS Licence to MoolahSense

MoolahSense is the first marketplace lending platform to be granted a full Capital Markets Services (CMS) licence by the Monetary Authority of Singapore. The CMS licence for “Dealing in Securities” was issued today. This marks a milestone in the development

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Singapore Fintech Awards 2016 Announces 40 Finalists

Singapore FinTech Awards 2016, comprising the MAS FinTech Award and ABS Global FinTech Award, will be part of the inaugural Singapore FinTech Festival that will be held during 14 – 18 November 2016. The Awards recognise innovative FinTech solutions that

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