Oversea-Chinese Banking Corporation (OCBC)

116 results about this entity

Period: 21 May 2004 - 06 Jan 2025

/crypto

OCBC rolls out bespoke tokenised bonds to large corporate clients

OCBC has launched the sale of bespoke tokenised bonds issued in S$1,000 denominations to corporate clients that have net assets exceeding S$10 million.

/payments

XTransfer and OCBC form partnership

XTransfer, the World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, and OCBC, the second largest financial services group in Southeast Asia, jointly announced the comprehensive partnership.

/payments

OCBC rolls out P2P pay-to-wallet service for cross-border remittances

OCBC has used Visa Direct to become the first mobile banking app in Asia Pacific to let customers send near-instant peer-to-peer transfers to both Weixin Pay (WeChat Pay) and Alipay using just the recipient’s China national identification name and China mobile number.

/wholesale

OCBC and Ant International sign cross-border payments MoU

OCBC and Ant International have formed a strategic partnership to enhance the efficiency and speed of cross-border fund settlements.

/wholesale

OCBC debuts intraday lending on blockchain

OCBC has become the first Singapore bank with intraday institutional lending capabilities as it seeks to maximise returns from its excess intraday liquidity.

/retail

Disney to the fore in new OCBC kids account

OCBC has launched a parental-controlled bank account for children between the ages of seven and 15.

/retail

OCBC to invest $500 million in new innovation hub

South East Asia's second-largest bank, OCBC, is to invest $500 million in Punggol Digital District (PDD), with the set-up of a new 430,000 sq ft innovation hub and a multi-million dollar strategic partnership with Singapore Institute of Technology (SIT).

/security

MAS collaborates with banks and tech firms on quantum security

The Monetary Authority of Singapore has gathered a consortium of banks and technology partners to study the application of Quantum Key Distribution (QKD) as a defensive mechanisim against the threat posed by super-fast computing power.

/regulation

Singapore launches platform to tackle money laundering

The Monetary Authority of Singapore (MAS) has launched a centralised digital platform that lets financial institutions share customer information in order to tackle money laundering and terrorism financing.

/security

OCBC rolls out 'Money Lock' anti-scam security feature

From 30 November 2023, 2 million OCBC Singapore customers will be able to lock funds in their existing OCBC bank accounts using OCBC Money Lock to safeguard against unauthorised transfers. This is a strong defence against malware and phishing scams.

/regulation

Singapore develops generative AI risk framework; digital money and ESG also to the fore

The Monetary Authority of Singapore has brought together banks and tech firms to develop a generative AI risk framework and is now exploring how the technology can be used in the financial services sector.

/markets

OCBC rolls out ChatGPT-based bot to all employees

Singapore's OCBC is to roll out a generative artificial intelligence chatbot to all of its 30,000 employees to assist them with writing, research and ideas for new innovations.