Tag "United Overseas Bank (UOB)"
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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MAS Initiates Digital Singapore Dollar Trials
The Monetary Authority of Singapore (MAS) has published a report detailing potential uses of a purpose-bound digital Singapore dollar (SGD) and the supporting infrastructure required. The report also marked the successful completion of Phase 1 of Project Orchid which explored
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UOB Deploys Secure Virtual Desktop for 3,000 of its IT Staff Using VMWare
United Overseas Bank (UOB) has picked VMware, provider of cloud computing and virtualisation software and services, to deploy a secure virtual desktop for its team of information technology (IT) developers. According to their statement, the deployment was done in only
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UOB & Intel Want to Use Artificial Intelligence to Combat International Money Laundering
United Overseas Bank (UOB) today announced it collaborated with Intel to test how federated advanced data analytics can enhance cross-border anti-money laundering (AML) efforts. The project was co-funded by the MAS’ Artificial Intelligence and Data Analytics (AIDA) Grant under the
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UOB to Hold Digital Clinics to Help Small Businesses Crack the Digitalisation Code
United Overseas Bank (UOB) is making it easier for small businesses to take the first step towards digitalisation with the launch of monthly digital clinics. Through the clinics, small businesses will learn how they can use technology to improve their
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The Finlab Introduces The First Accelerator Programme For traditional SMEs
The FinLab, a joint venture between United Overseas Bank Limited (UOB) and SGInnovate , announced the launch of the third cycle of its acceleration programme. The programme is the first designed by a local accelerator for small and medium enterprises
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UOB supports Shanghai Proptech Company to enter Singapore
United Overseas Bank (UOB) today announced its partnership with Shanghai-based start-up, Mamahome, in the property technology (PropTech) firm’s first move outside of China. With UOB’s payments solutions, the fast-growing online apartment rental portal will open its doors to providing end-to-end
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