Tag "OCBC"

OCBC Enables Instant Cash-out For Cheques under $30,000

OCBC announced today the roll-out of cheque encashment service across all its ATMs at 23 branches. Since February 2020, customers have been able to encash cheques – for up to a maximum of $30,000 in a single cheque – by

Read More

Google Ties Up with DBS and OCBC to Enhance Google Pay in Singapore

Announced yesterday at the Singapore Fintech Festival, Google Pay has tied up with DBS and OCBC to enhance Google Pay services in early 2020. Google Pay is currently undergoing the beta-testing phase and select OCBC Bank customers will be able

Read More

OCBC Joins Singtel’s VIA Alliance

Singtel will expand its VIA mobile payment alliance to include OCBC Bank, the first Singapore bank to join the alliance and the second regionally, after Thailand’s KASIKORNBANK. By the first quarter of 2020, OCBC Bank customers will be able to

Read More

New Digital Banks Unlikely To Threaten DBS, OCBC and UOB, Fitch Ratings Says

Singapore’s granting of up to five new digital bank licenses is unlikely to threaten the dominance of the country’s three largest banks, DBS Bank, OCBC Bank and UOB, Fitch Ratings says. The ratings agency believes that DBS, OCBC, and UOB

Read More

OCBC Bank Enables Cash Withdrawals at ATMs using QR Codes

OCBC bank announced today it will be enabling customers enabling customers to withdraw cash by just scanning a QR code using the OCBC Pay Anyone app, then authenticating the transaction via fingerprint, faceprint or mobile banking login credentials. The bank

Read More

5 Ways Banks in Singapore are Using Big Data

  Pop quiz: What is big data? Actually, don’t answer that. Everyone can easily recite the same quote: “It’s the process of analysing huge amounts of data to draw actionable insights that are beneficial to your business.” In practice, this

Read More

OCBC Introduces a More Seamless Checkout for Instant Mobile Payments

Rapyd a payments focused fintech, announced a partnership with OCBC Bank to enable real-time bank payments for Singapore consumers and online retailers. The partnership leverages PayNow, Singapore’s national peer-to-peer funds transfer service, enabling OCBC Bank customers to make digital payments using the

Read More

How DBS and OCBC Global Leadership Shows Singapore’s Success in Open Banking

Singapore’s DBS Bank and OCBC are regional leaders in fintech and pioneers in open banking according reports from Accenture and Innopay Open Banking Monitor. The positioning of these banks gives us a good sense of where Singapore stands in the global

Read More

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

Read More

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

Read More