Tag "OCBC Bank"
OCBC Bank Enables Instant Car Loan Approvals
OCBC announced today that they have enabled instant car loan approvals, according to their statement, when customers apply for a car loan with OCBC, they can now get it approved within 60 seconds. This service is made possible by a
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OCBC Enables Account Opening for Startups Immediately After Incorporation
Start-ups are now able to open an OCBC business banking account in Singapore immediately after incorporation, rather than having to wait one day. This is made possible by an API between the bank and global information services provider Experian. Once
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UnionBank and OCBC Pilots Blockchain Based Remittance from Singapore to the Philippines
UnionBank of the Philippines recently became the first Philippine bank to successfully pilot blockchain-based remittance from Singapore to the Philippines. This was done in partnership with OCBC Bank, Singapore, using the Adhara liquidity management and international payments platform. Amid a
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Calm Down, Grab Isn’t Trying to Become a Bank—Not in the Way You’re Thinking, at Least
Followers of this page are well aware that Grab, one of Singapore’s premier unicorns, has dabbled in many different areas of fintech-fuelled offerings in its drive to become what it self-describes as a “super app”. Most recently though, it seems
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Serial Entrepreneurs Can Now Apply for Loans with OCBC Before Even Incorporating
OCBC Bank has officially launched a new business dedicated to supporting serial entrepreneurs as they establish and grow new businesses. The bank claims that this is the first offering of its kind for small businesses in Singapore. According to OCBC
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OCBC Bank to Offer Free Online Will Writing Service in Singapore
OCBC Bank has rolled out a free online service to help Singapore citizens and residents aged 21 and above prepare their own wills within 10 minutes. It is common here to seek the help of a lawyer, who typically charges
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OCBC Bank Roll Outs Digital Account Opening Service For Multi National Companies
OCBC Bank has rolled out a digital account opening service that simplifies account openings for multi-national companies (MNCs) and other large corporate customers – a first by a bank in Singapore. With the use of the digital service, the time
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4 Banks in Asia Pacific That Are Winning Open Banking Adoption
Following the UK banks’ ambitious move towards open banking, fintech hubs across the globe have been following suit, leading to a banking revolution that could fast-track the development of fintech—particularly fintech based on personal wealth and spending habits. With Singapore’s
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OCBC Bank Launches Robo-Investment Service
OCBC Bank claims to become the first bank in Southeast Asia to launch a robo-investment service, OCBC RoboInvest. Targeting young and tech-savvy investors, it requires an initial investment amount of SGD3,500.00. Just as they might pick a playlist using a digital
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OCBC Spends SGD14 Million to Reduce Teller Jobs by Half Within Two Years
OCBC Bank has gone on an SGD14 million endeavor to deploy new ATMs and digital service kiosks in Singapore, in a bid to keep abreast of the ongoing transformation of the banking industry. Instead of having to head out to
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