Singapore-based United Overseas Bank (UOB) has launched a new concept branch in Tampines specifically targeting millennial customers.

The United Overseas Bank (UOB) has launched the first phase of its Professional Conversion Programme (PCP), designed to boost the digital skillset of its Singapore-based workforce.

Blockchain has introduced a flurry of discussions and experimentations across the world. When Bitcoin, based on blockchain, grabbed headlines as a major cryptocurrency, it ignited discussions on the future of this new technology.

Today, the discussions at banks have gone past Bitcoin and cryptocurrency. Many are looking at various implementations and use cases, and examining the role of blockchain in streamlining key processes and make them more cost-efficient and immutable.

UOB's Managing Director and Head of Group Technology and Operations sheds light on the bank's plans to further increase the adoption of contactless payments.