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ByteDance to apply for Singapore banking licence

News | Online & Mobile Banking | 15 Jun 2020

China-based ByteDance, an internet technology company, has announced it is going to expand its services into banking by joining forces with Singapore’s Lee family.

ByteDance, partnership, Lee, Singapore, banking, banking licence, internet, technology, digital bank, OCBC Bank, Monetary Authority of Singapore, Alibaba, Ant Financial, Xiaomi, Hong Kong, China

OCBC rethinks branch strategy as digital banking surges amid COVID-19

News | Online & Mobile Banking | 19 May 2020

OCBC Bank has experienced permanent diverted branch traffic as digital banking became the preferred choice amid the pandemic. 

OCBC Bank, digital banking, COVID-19, branch traffic, digital transaction, online trading, loan applications, PayNow, digitalisation

Fomo Pay expands digital payment service into Malaysia

News | Mobile Payments | 22 Apr 2020

Singapore-based digital payment solution provider Fomo Pay has opened an office in Malaysia and has partnered OCBC Bank on a cross-border funds collection service.

FOMO Pay, Malaysia, expansion, Singapore, QR payments, QR code collection, Asia, APAC, OCBC Bank, digital transformation, OCBC OneCollect, QR code payments

OCBC launches PayNow fund transfers via Google Pay in Singapore

News | Online Payments | 15 Apr 2020

OCBC Bank has launched Google Pay's peer-to-peer funds transfer service to Singapore.

OCBC Bank, Google Pay, peer-to-peer payments, P2P payments, online payments, PayNow, Google Pay P2P service, Singapore, Asia, APAC

OCBC Bank to accept JCB cards in Singapore

News | Cards | 02 Oct 2019

JCB International and Overseas-Chinese Banking Corporation Limited (OCBC Bank) have collaborated to broaden JCB Card acceptance in Singapore.

OCBC Bank, card, JCB Card, Singapore

Singapore launches new e-service for trade finance

News | E-invoicing, SCF & E-procurement | 06 Sep 2019

Singapore Customs, the Monetary Authority of Singapore, in partnership with other financial institutions, have created a new e-service for trade finance.

Singapore Customs, The Monetary Authority of Singapore, Singapore, trade finance e-service, national trade finance, financial institution, trade finance, BNP Paribas, DBS Bank, ICBC, MUFG Bank, OCBC Bank, UOB

Accenture, ING, ABN Amro to launch Forcefield blockchain consortium

News | E-invoicing, SCF & E-procurement | 22 May 2019

Accenture, ABN Amro, Anglo American, ING Bank, and more have launched Forcefield, a metals post-trade blockchain consortium.

Accenture, ING, ABN AMRO, Anglo American, ING Bank, Mercuria, OCBC Bank, blockchain consortium, Forcefeld, Near-Field Communication, internet of things, VAKT

Rapyd, OCBC Bank to launch instant mobile payments in Singapore

News | Payments General | 15 Apr 2019

Rapyd has teamed up with OCBC Bank to enable real-time bank payments for Singapore consumers and online retailers.

Rapyd, OCBC Bank, mobile payments, real-time bank payments, Singapore

OCBC Bank unveils SME dashboard

News | Online & Mobile Banking | 15 Jan 2019

OCBC Bank has unveiled a digital business dashboard for SME customers.

OCBC Bank, digital, business, dashboard, SME, banking, digital, mobile

OCBC bank leverages MyInfo, extends instant account opening for SMEs

News | Digital Identity, Security & Online Fraud | 03 Oct 2018

OCBC bank has announced that starting November 2018, SMEs will be able to instantly open business accounts online as the bank leverages Singapore\s national data repository, MyInfo.

OCBC Bank, myInfo, account opening, KYC, Singapore