Tag "uob"
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 MoreSingapore Airlines’ KrisFlyer Now Offers a Credit Card That Rewards You with Miles
UOB and KrisFlyer, Singapore Airlines mile reward program, announced the launch of the KrisFlyer UOB Credit Card. This is the first credit card in Singapore which can be combined with a savings account to earn bonus KrisFlyer miles when customers
Read More10 Fintechs Stand a Chance to Present Their Solutions to Singapore’s Investment Industry
A Singapore industry group representing the city’s asset management firms, IMAS, has launched an accelerator programme which could position 10 Fintechs to present their solutions in front of leading VC firms, hedge funds, asset management firms and family offices. Applications
Read MoreUOB’s Banking Services Now Available on Your Grab App
UOB and Grab have announced that Grab will begin offering a suite of UOB Cards solutions and privileges directly on Grab’s mobile app. This follows their earlier partnership announcement during the Singapore Fintech Festival last year For a start, consumers
Read MoreFintech 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 MoreFinlab Opens Accelerator in Thailand to Teach SMEs How to Digitise Their Businesses
The Finlab announced the launch of its Smart Business Transformation Programme to help Thailand-based small- and medium-sized enterprises (SMEs) transform their businesses via digital solutions. The programme is supported by United Overseas Bank Thailand (UOB Thai) and the Digital Economy
Read MoreUOB Joins the Mobile Cross-Border Remittance Bandwagon with UOB Mighty
It appears that Grab is not the only one that is honing in their focus on mobile cross-border remittances, incumbents seems to be unwilling to be left out of the game. UOB announced that they have successfully completed a cross
Read More12 Companies Score SG$1.2 Mil at The Singapore Fintech Awards 2018
The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) today awarded 12 FinTech companies a total of SG$1.2 million divided for 12 different companies at the Fintech Awards, which took place at the third Singapore
Read MoreRazer And Finlab Testing Blockchain Cross-Border Remittance
RazerPay is now collaborating with The Finlab to create a proof-of-concept (POC) to test cross-border remittance using blockchain technology. Since The FinLab is affiliated with UOB as its innovation accelerator, this partnership with RazerPay could be connected with UOB and
Read MoreUOB & 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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