In today’s top news in digital-first banking, Better has plans to go public by merging with a blank-check company, while Revolut debuted a wide range of features and offerings for retail customers. Plus, OCBC Bank said it is harnessing the Visa Commercial Pay Mobile solution...
OCBC Bank announced that it is harnessing the Visa Commercial Pay Mobile solution as part of its first virtual purchasing card product, according to a Monday (May 10) press release. Virtual cards provided via the OCBC Virtual Purchasing Card initiative can be for one-time or...
The owner of TikTok, the Chinese video sharing social network, is reportedly expanding into financial services with the family that owns OCBC Bank, the global financial services corporation headquartered in Singapore. ByteDance is negotiating with the Lee business family as the technology group seeks to...
OCBC Bank in Singapore has upgraded its ATMs to accept checks and cash them instantly, according to a release. The bank said that even though the country is moving toward being check-free by 2025, the form of payment continues to be used, especially by small...
April 18, 2018
From giving consumers in the developing world access to mobile and online banking capabilities to pushing banking tech forward in hopes of creating a new world of intelligent applications, digital banking technology is turning the financial industry on its head. And with the use of artificial intelligence, financial institutions (FIs) are also equipping consumers with […]
June 15, 2020
The owner of TikTok, the Chinese video sharing social network, is reportedly expanding into financial services with the family that owns OCBC Bank, the global financial services corporation headquartered in Singapore. ByteDance is negotiating with the Lee business family as the technology group seeks to add banking to its portfolio, sources told the Financial Times […]
March 12, 2020
OCBC Bank in Singapore has upgraded its ATMs to accept checks and cash them instantly, according to a release. The bank said that even though the country is moving toward...
July 31, 2019
In an effort to make Singapore’s three million monthly cash withdrawals more digital, OCBC Bank has rolled out QR codes that customers can use at any of its 655 ATMs,...
August 29, 2017
Singapore-based OCBC Bank has reportedly rolled out an Android-based keyboard enabling users to make peer-to-peer (P2P) payments. According to a report in Finextra, the keyboard is designed to allow P2P...
