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In The News

Touché and OCBC to launch fingerprint-based credit card payments

LOCAL fintech startup Touché has partnered with OCBC Bank to bring what it says is the world's first fingerprint, biometric-based payment to credit card merchant customers in Singapore. It will offer this service to all OCBC's credit card merchants with physical stores. According to the tech firm, its "innovative device and robust software" will deliver "highly secure, convenient and personalised point of sale transaction services at the touch of...


StanChart's digitalisation push nets more customers

STANDARD Chartered Bank's digitalisation push is seeing results, with clients converting to transacting on a brand new platform and netting more customers to trade online. The bank's strategy is to focus on the wealth management business, "given the growing affluence in our region and the increasing appetite of our clients for protecting, investing and growing their wealth", said Sumeet Bhambri, StanChart regional head, wealth management, Asean...


DBS banking on platforms instead of pipelines

DBS's latest investment in retail marketplace Carousell comes as banking can no longer be a matter of managing pipes, but has to work by plugging into lifestyles in an "invisible" way, said DBS CEO Piyush Gupta. Mr Gupta's comments came as Singapore's largest bank - which is celebrating its 50th anniversary this year - on Tuesday launched a S$30 million branding campaign that aims for a "live more, bank less" approach. The bank has launched...


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