Oversea-Chinese Banking Corporation (OCBC)

116 results about this entity

Period: 21 May 2004 - 06 Jan 2025

Singapore's MAS preps guidelines for ethical use of AI and data analytics

The Monetary Authority of Singapore (MAS) has brought together industry players to work on guidelines for the "responsible and ethical" use of AI and data analytics in the financial services sector.

OCBC invests S$240 million to build 'cyber-secure' data centre

Cyber-attacks and security breaches are the bane of businesses, in particular financial institutions.

Singapore's OCBC establishes dedicated AI Lab

Singapore's OCBC Bank is to spend $10 million over the next three years to develop inhouse expertise in artificial intelligence with the creation of a dedicated AI division.

OCBC moves into voice commerce with Siri integration

OCBC Bank is the first bank in Singapore to enable its customers to do their day-to-day banking and make cashless payments using just their voices.

OCBC Bank scans customer faces for personalised service at the branch

OCBC Bank is introducing facial recognition at its branches to identity high-rolling customers as they approach the service desks.

Robots outpacing back end number crunchers at OCBC

OCBC Bank is reporting astonishing productivity gains following the introduction of robotic process automation to handle number crunching tasks in its secured lending and sales reporting units.

OCBC puts health insurance on the mobile

Digitalising the way customers buy health insurance products, OCBC Bank has again launched a first in the digital wealth management space.

OCBC taps ThetaRay for AI-based AML screening project

On any one typical work day, an OCBC Bank anti-money laundering (AML) compliance analyst would log into the bank’s transaction monitoring system and find up to hundreds of potentially suspicious transactions he or she had to review.

OCBC Bank forms partnership with StarHub as digital industries converge

OCBC Bank has formed a collaborative alliance with Singaporean telco StarHub to invest in research into the convergence of banking and communications in the digital economy.

OCBC business customers can now ask Siri to make B2B payments

Singapore's OCBC Bank has integrated its business mobile banking app with Apple's Siri for use in voice-controlled funds transfers and account balance enquiries.

Asean banks complete trial of KYC blockchain

OCBC Bank, HSBC and Mitsubishi UFJ Financial Group (MUFG), together with Singapore's Infocomm Media Development Authority (IMDA), have completed a proof-of-concept for a Know Your Customer (KYC) blockchain.

OCBC Bank launches transactional API for Giro set-up

OCBC Bank has scored another first by rolling out a transactional API that – when integrated with a third-party website or app – allows a GIRO facility to be set up instantly.