06 March 15 | The Straits Times by JOYCE LIM
CUSTOMERS of OCBC Bank may soon be able to access their bank accounts at the touch of a finger, via their smartphones.
The Straits Times understands that the bank is developing a smartphone application that uses fingerprint recognition technology to grant access to accounts, without needing customers to log in with user names and passwords.
The app is likely to be available only for iOS devices...
27 February 15 | The Business Times by SIOW LI SEN
SingaporeSTANDARD Chartered has appointed former JPMorgan executive Bill Winters to replace Peter Sands as group chief executive, the bank said on Thursday as it also announced other dramatic senior management and board changes.In what looked like the hollowing out of experienced Asian hands, Asia group chief executive and group executive director Jaspal Bindra will also be stepping down on April...
24 February 15 | The Straits Times by YASMINE YAHYA, ASSISTANT MONEY EDITOR
SINGAPOREANS are well known for being technologically savvy.
Internet penetration and mobile phone ownership rates here are among the highest in the world. E-commerce sales out of Singapore make up half of South-east Asia's total.
It has also become de rigueur to book taxis and movie tickets through mobile phone apps.
Yet, when it comes to banking, Singapore seems stuck in the Middle Ages....