News stories featuring OCBC Bank:
November 17th, 2016
Singapore’s OCBC Bank says it has become the first bank in South East Asia to use blockchain technology in national and international payments. A pilot payment transaction took place on 8 November, involving a cross-border funds transfer between OCBC Bank and OCBC Malaysia, and a local funds transfer between OCBC Bank and Bank of Singapore. “This is a milestone not only for us but for Singapore as Asia’s financial hub as we pave the way to revolutionising the traditional cross-border payments model,” says Praveen Raina from OCBC Bank.
November 10th, 2016
PayPal has enabled money transfers via Apple’s Siri voice command function, enabling users with iOS10 devices to make payments by speaking requests. The function will be available in 30 countries. “PayPal users can now send…
October 31st, 2016
Customers of Singapore’s OCBC Bank can now send money using Apple’s Siri virtual assistant or via text using Apple’s iMessage platform. “Users tell Siri whom to send the payment to and how much they want to send,” OCBC says. “Within the iMessage conversation screen, users can choose the OCBC Pay Anyone iMessage app to initiate the payment.” The Siri and iMessage services for OCBC Pay Anyone are available to all OCBC Bank customers using iOS10 devices and the latest OCBC mobile banking app.
June 28th, 2016
Google has begun rolling out Android Pay across Singapore, marking the mobile payment service’s debut in Asia. It will work with MasterCard and Visa cards from DBS Bank, OCBC Bank, POSB Bank, Standard Chartered Bank and UOB.
June 17th, 2016
Samsung Pay has gone live in Singapore, enabling customers of Citibank Singapore, DBS Bank Singapore, POSB Bank Singapore, OCBC Bank and Standard Chartered to make mobile payments with their compatible smartphone wherever MasterCard or Visa is accepted. The mobile payments service launched in Australia on June 15 and plans to roll out Samsung Pay in Singapore on June 16 were revealed last week.
June 10th, 2016
Samsung Pay is to begin rolling out across Singapore on June 16, making it the first country in Southeast Asia to get the mobile payment service. It will launch with support from American Express, MasterCard and Visa and major banks.
May 25th, 2016
Consumers in Singapore can now add their MasterCard and Visa cards to Apple Pay, after the mobile payment service launched there in April 2016 with support from American Express alone. Five of the country’s major…
April 20th, 2016
Samsung Pay will launch in Singapore in the second quarter of this year, the company has announced, adding it to South Korea, the US and China on the list of Samsung’s “priority markets”. The service will launch…
February 21st, 2016
Samsung Pay now has approximately five million users in South Korea and the US who have processed more than $500m through the mobile payment service in the first six months since its launch. The service is due to be rolled out in China next month, Samsung has revealed, followed by a global expansion to Australia, Brazil, Singapore, Spain, the UK and Canada later in the year.
May 14th, 2014
Customers of Singapore’s OCBC Bank can now send up to S$100 a day to any of their Facebook friends from their phone, using a new Pay Anyone feature in the bank’s mobile app. Recipients are notified of a payment via a post on their Facebook wall and must enter a six-digit code given to them by the sender to receive the money. Pay Anyone can also be used to transfer funds to anyone in a customer’s email or phone contacts list.
February 25th, 2009
Singapore’s banks, telecoms networks and transit operators have given the go ahead for the creation of a national trusted third party designed to ensure full interoperability between the NFC services of all mobile operators and all service providers.
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