OCBC Bank Launches FinTech Innovation Lab in Singapore

Local bank OCBC has established a financial technology (FinTech) unit called The Open Vault at OCBC. The new unit is seen as the nerve center for the bank’s innovations, driving collaborations with the FinTech ecosystem, sandboxing new ideas with real customer data, and commercializing winning prototypes.

Our key focus is to deliver tangible outcomes and value; without this, we would not want to play in the FinTech arena, said Mr. Samuel Tsien, OCBC Bank’s ...

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