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Company Insights
United Overseas Bank – Digital Transformation Strategies
United Overseas Bank (UOB) has been focusing on using big data, artificial intelligence, cloud, and robotic process automation to digitally transform its operations. The annual ICT spending of UOB was estimated at $475 million for 2021. A major share of this spending is earmarked for acquiring software, ICT services and hardware from vendors. 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,...