UOB launches UOB Infinity and transforms digital banking for corporate clients
By Edil Corneille
United Overseas Bank (UOB) has launched UOB Infinity for its corporate clients, enabling them to manage their banking needs in a more personalised manner. The bank will roll out UOB Infinity beginning with Singapore first. UOB Infinity offers a customisable dashboard that enables clients to prioritise and to display information. The dashboard presents financial information visually, thereby making it easy for the corporate customer to see the state of its company’s finances at a glance and in real-time.
A range of domestic and cross-border banking activities can be managed through UOB accounts across various markets to make local and international payments conveniently without the need to log into multiple platforms.
UOB Infinity’s biometric login via a soft token on the mobile app enables for faster access and simplified transaction authorisation while also ensuring security.
So Lay Hua, Head of Group Transaction Banking, Group Wholesale Banking, UOB expounded, “The launch of UOB Infinity is another example of our commitment to developing digital solutions that enable our clients to bank more easily and conveniently. In designing UOB Infinity, we have created an experience that is intuitive for our clients and enables them to access the financial intelligence they need quickly and easily. As part of our design approach, we engaged our clients at every step to understand what was most important to them and tapped industry best practices to create a solution that meets both the current and future needs of our clients.
“We believe that through UOB Infinity’s simple and user-friendly interface, breadth of functionalities and personalised experience, we will be able to help more of our clients increase their use of digital banking services for better productivity and business performance. Not only is this essential to supporting businesses in their digital transformation efforts, it also helps in increasing their resilience and ability to make timely, data driven decisions to cope with unexpected events such as the COVID-19 pandemic.”
TeleRadio Engineering was among one of the customers in the pilot of UOB Infinity.
The UOB Infinity app enables corporate clients to manage all payment needs efficiently even when on the go. Clients are able to make a wide range of payments from local bill payments to making domestic and cross-border fund transfers through services such as PayNow, FAST and telegraphic transfers.
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