Overseas Chinese Banking Corporation (OCBC Bank)

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(03-02-2016, 11:02 AM)CityFarmer Wrote: OCBC has endorsed the fintech. IIRC, the first local bank to endorse the tech? I recall, DBS has expressed its intention, but no concrete move till to date.

(not vested)

OCBC enters fintech arena with Open Vault
03 Feb 2016 09:00
By Wong Wei Han

OCBC has started a new unit to drive its partnership with financial technology start-ups to help it capitalise on innovative systems that are being developed.

The Open Vault at OCBC, as the unit is known, will bring in fintech start-ups to use the bank's database and interfaces to test and develop new ideas into solutions. It will focus on wealth management, credit and financing, insurance, cyber security and artificial intelligence.

OCBC will own any new solutions emerging from The Open Vault.

The launch of The Open Vault reflects the banking sector's heightened attention on the impact and opportunities arising from fintech.
...
Source: Straits Times

Other than making new trading algorithms, the only exciting thing to come out of there would be maybe a new locally designed bitcoin system.
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
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RE: Overseas Chinese Banking Corporation (OCBC Bank) - by BlueKelah - 03-02-2016, 11:14 AM
ocbc? - by chialc - 04-07-2014, 09:53 AM

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