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United Overseas Bank - Enterprise Tech Ecosystem Series

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    Company Profile

  • 32 Pages
  • August 2022
  • GlobalData
  • ID: 5118981
United Overseas Bank (UOB) provides a range of financial solutions, including deposit accounts, loans, payment and travel cards, and insurance. It offers trade finance, corporate finance, financial supply chain management, savings bonds, cash management, treasury management, and debt and equity capital market solutions. UOB provides various other services such as asset management, wealth management, venture management, advisory, private banking, transaction banking, mobile banking, online banking, and internet banking services. It also offers travel management, futures broking, stockbroking, portfolio management, and property management services. The group operates in Asia-Pacific, Europe, and North America.

This report provides insight into UOB's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, and its estimated ICT budget.

Scope

  • UOB has built an enterprise-wide big data platform to support its business units. The platform enables UOB to capture critical data insights that can help it drive business improvement through artificial intelligence, machine learning, and analytics.
  • UOB has created a fintech and innovation team responsible for maintaining relations with customers across digital channels. The team is responsible for accelerating disruptive financial ideas, exploring their implementation feasibility, building use cases, running pilot tests, and commercialization of final solutions.
  • In 2021, UOB continued to step up efforts in helping its clients adopt digital banking by adding a digital point-of-sale collection feature to UOB mCollect (a mobile QR code-based solution in Singapore); PayNow for real-time collections and reconciliation; and an online foreign exchange function to UOB Infinity for corporate clients.

Reasons to Buy

  • Gain insight into UOB's fintech operations.
  • Discover its fintech strategies and innovation initiatives.
  • Learn about its product launches, partnerships, and investments.

Table of Contents

  • Overview
  • Digital Transformation Strategy
  • Accelerators, Incubators, and Other Innovation Programs
  • Technology Focus
  • Technology Initiatives
  • Venture Arm UOB Venture Management
  • Investments
  • Partnership and Investment Network Map
  • ICT Budget and Contracts
  • Key Executives
  • About the Publisher

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Value 3 Advisory
  • Pintec
  • Intel
  • Meniga
  • ADDX
  • Marketnode
  • R3
  • Xero
  • Singpass
  • Vmware
  • EzyProcure
  • Nufin Data
  • CloudBuy
  • Visa
  • Grab
  • MGG Mobileapps
  • hiLife Interactive
  • Singtel
  • SAP
  • NTUC Income
  • Fave
  • Carousell
  • SoReal Prop
  • Singapore Trade Data Exchange
  • Shopmatic
  • Personetics
  • Visenze
  • Appier
  • Lufax
  • Lightnet
  • Assembly
  • Aquilon Energy Services
  • Amartha
  • Pace
  • Halodoc