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OCBC pilots green financing framework for SMEs

News | E-invoicing, SCF & E-procurement | 27 Nov 2020

OCBC has launched a framework designed to make access to financing easier for small and medium enterprises (SMEs) that are involved in sustainable activities.

OCBC, green financing, SMEs, sustainability

DBS, Standard Chartered join group of banks to develop trade finance registry pilot

News | E-invoicing, SCF & E-procurement | 06 Oct 2020

DBS and Standard Chartered have jointly led a workgroup of 12 other banks to create and conduct a digital Trade Finance Registry (TFR) POC.

DBS, Standard Chartered, banks, trade finance registry, pilot, blockchain, distributed ledger technology, ABN AMRO, ANZ, CIMB, Deutsche Bank, ICICI, Lloyds, Maybank, Natixis, OCBC, Rabobank, SMBC, UOB

Singtel launches mobile payments solution for prepaid customers

News | Mobile Payments | 26 Jun 2020

Singapore-based telco Singtel has enabled prepaid customers to use their NETS ATM bank cards to make top-ups and purchases directly on their mobile devices. 

Singtel, Singapore, telco, prepaid customers, mobile payments, NETS ATM, cards, NETS Click, DBS, OCBC, UOB, digital cards, hi!App, payment method, contactless payments, unbanked, retail, COVID-19, transaction fees

OCBC supports digital token in attempts to replace hardware security tokens

News | Online & Mobile Banking | 19 Feb 2019

OCBC has rolled out a digital ‘soft’ token on its mobile banking app, in a move that is expected to save the bank some USD 25 million in five years.

OCBC, digital token, security tokens, OTP, Singapore, banks, mobile banking, biometrics, authentication, PIN, payments