#digital-banking

Launch of OCBC MyOwn Account for Gen Alpha, Ages 7-15

A major Singapore bank is launching a digital bank account for children aged 7 to 15, letting them manage money with parental oversight starting October 2024.

Revolutionise Cross Border Payments: Unlock the Potential of BIS’s Project Nexus

A new multilateral payment network called Nexus has successfully connected instant payment systems across Singapore, Malaysia, and Europe, paving the way to link five Southeast Asian countries and serve 500 million people.