Tag "uob"
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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ECXX Ties up With UOB Kay Hian to Offer Securitised Token Offerings
ECXX Global, a Singaporean asset-based digital securities exchange, announced that it has collaborated with regional brokerage UOB Kay Hian to bring in deep tech startups to their network and offer them the opportunity to list via Securitised Token Offerings (STOs)
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UOB Co-Develops AI-Powered AML Solution With Tookitaki
UOB has co-developed an artificial intelligence (AI) powered anti-money laundering (AML) solution with Singaporean regtech company Tookitaki after more than two years of rigorous validation and evaluation. The solution is said to be highly accurate in identifying suspicious transactions and
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Southeast Asia’s Young, Tech-Savvy Population Drives Rise of Data-Driven Banking
Southeast Asia’s young, digitally-savvy and unbanked populations are driving the rise of digital banking, forcing financial services companies to unlock the power of data to provide better, more personalised and more affordable products and services, explained Arvid Swartsenburg, Head of
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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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