Tag "uob"

ASEAN’s Fintech Funding Tripled to US$3.5 Billion, Singapore Pulled in Lion’s Share

Fintech funding in ASEAN has more than tripled to a record high of US$3.5 billion in 2021 from 2020, with Singapore retaining the top spot thanks to its mega-rounds. According to the “Fintech in ASEAN 2021: Digital Takes Flight” report

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UOB Set to Offer Personalised Carbon Insights to Retail Banking Customers

UOB announced that its retail banking customers across ASEAN will be able to access personalised carbon insights based on their spending and saving behaviours through its app. “Carbon Insights” will be a new feature on the UOB TMRW digital banking

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UOB Launches Financing Platform to Drive Energy Efficiency for Buildings, Home Owners

UOB has launched U-Energy, an integrated financing platform to drive the development and adoption of energy efficiency projects for buildings and homes across four markets, starting in Singapore. The bank said that this first of its kind financing platform will

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UOB and ADDX Partner for S$50 Million Sustainability-Linked Digital Bond

UOB and digital securities exchange ADDX have concluded the digitisation and digital custody of the inaugural sustainability-linked bond recently launched by Sembcorp Industries (Sembcorp). The bank was appointed as a joint lead manager for the S$675 million sustainability-linked bond issued

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TMRW to Merge with UOB Mighty As Part of UOB’s S$500 Million Digital Initiative

UOB will invest up to S$500 million to bring together the innovation of its digital bank TMRW with the scale and product depth of its mobile app UOB Mighty on one platform dubbed as UOB TMRW. The bank will roll

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UOB’s FinLab Launches Accelerator Programme for Aspiring ‘Mumpreneurs’

UOB’s innovation accelerator The FinLab and Mumpreneurs-Go-Places, an arm of Mums@Work, launched an accelerator programme for aspiring mum entrepreneurs. The Business Transformation Programme is a comprehensive five-week virtual accelerator programme aims to equip aspiring women entrepreneurs, particularly mothers, with the

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UOB Offers SMEs Access to Xero’s Cloud-Based Accounting Platform in Digital Push

Xero, a cloud-based accounting software for small businesses, announced that it has expanded its collaboration with UOB to offer small- and medium-sized enterprises (SMEs) that qualify for the UOB Start Digital pack free access to its platform for six months.

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Singapore’s Incumbent Banks: How Are They Stepping Up Their Digital Game?

In December 2020, the Monetary Authority of Singapore (MAS) announced four successful digital bank applications. Out of 14 eligible applicants, the four successful entities – a consortium comprising Singapore Telecommunications Ltd (Singtel) and Grab Holding Inc. (Grab), a consortium of

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UOB Issues Digital Asset Offering of S$600 Million on Marketnode’s Platform

UOB has tapped Marketnode’s digital asset issuance, depository and servicing platform to issue its latest bond offering of S$600 million, with a final orderbook of more than S$1 billion from a total of 73 accounts. Marketnode, a joint venture between

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UOB First Bank to Pilot Use of Singpass Digital Signature for E-Documents

UOB pilots the use of Government Technology Agency’s (GovTech) ‘Sign with Singpass’ where a customer’s digital signature to confirm transactions or product applications. The bank is the first in Singapore to offer this service according to a statement. Under an

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